Tuesday, November 27, 2007
  • Classmates.com Parent Updates IPO Prospectus

    The parent of pioneering social networking site Classmates.com has filed an updated prospectus indicating that it plans to raise up to $144 million in an initial public offering. Classmates Media, the social networking arm of United Online which also includes loyalty marketing service MyPoints.com, plans to sell 12 million shares priced at $10 to $12 each. ...Read the whole story

  • Study: Consumer Brands Drop The Ball When It Comes To Online Transactions

    Despite the feature-rich, brand-positive experience that top consumer brands like Mercedes, Colgate-Palmolive and IBM strive to create, their Web sites dropped the ball when it came to purchases and other transactions, according to a study by Blast Radius. ...Read the whole story

  • Online Shopping Up 22% On Black Friday

    Despite the threat of recession and reduced holiday sales, online retailers enjoyed spending and traffic gains over last year on Black Friday, the day after Thanksgiving known for heavy shopping.Online buying on Black Friday increased 22% over 2006 to $531 million, according to Web measurement firm comScore, with sales of video games and consoles nearly tripling. ...Read the whole story

  • FCC Urged to Subsidize Broadband Access In Rural Areas

    In a move aimed at making high-speed Internet service more widely available, a government advisory board is urging the Federal Communications Commission in a report to devote $300 million to subsidizing broadband access in rural areas. The report has drawn a lukewarm reception from some consumer advocates who say they're pleased that the government wants to improve broadband availability, but that far more than $300 million is needed. ...Read the whole story

  • Google Upgrades Checkout Offerings, Adds Perks

    Launched in late June 2006, Google Checkout is an electronic payment system that aims to simplify the online shopping experience -- letting users create a single account for purchases on multiple sites. Shoppers can keep track of their purchases, retailer contact info and shipping status, as the system creates a purchase history log. ...Read the whole story

  • Chinese Video-Sharing Site Receives U.S. Cash Infusion

    It might take a bit longer for YouTube to rule the world now that Youku.com, a video-sharing site and one of China's rising upstarts, has received another $25 million in private equity funding. China now has the fastest-growing online population worldwide. Second only to the U.S., China's 160 million Web users represent the second-largest global market. ...Read the whole story

  • Online Radio Ad Broker TargetSpot Signs New Partners

    TargetSpot, one of the largest online radio ad brokers, announced Monday that it has signed deals with a number of new partners for its online ad service. The new broadcasters--Nassau Broadcasting Partners, Soundpedia.com and FNX Radio--bring more than 50 new online radio stations into the TargetSpot fold, most of them owned by Nassau. Soundpedia.com and FNX Radio are popular stand-alone Web destinations. ...Read the whole story

  • Verizon Teams With NHL To Offer Video Alerts

    Verizon Wireless and the National Hockey League have teamed up to offer NHL video alerts, providing mobile highlights immediately after they happen. The 15-second clips, sent to subscribers after each game period, will feature goals, key saves and other critical plays. Hockey fans can get up to four alerts each night. Verizon is charging $2.99 a month per franchise for what it says is the first mobile service of its kind for any professional sports league. --Mark Walsh ...Read the whole story

  • Yodle Grabs $12 Million In Second Round of Financing
U.S. Election Only Part of the News In 2008

While the presidential campaign of 2008 will dominate the media and advertising landscape for the next year, here are some issues you'll be hearing more about in the upcoming year. ...More