When Google launched its AdSense network to push advertising to third-party websites, it already had a massively successful advertising business on Google.com.
Facebook hasn’t reached that point yet – so it makes sense that it has pulled back from testing third-party advertising to get the basic product right first. Read more
The internet consumer loans company Lending Club has certainly attracted some big names to its board: former Morgan Stanley boss John Mack, internet analyst-turned venture capitalist Mary Meeker – and now Larry Summers, a former US Treasury secretary.
It’s all a sign that the barriers to consumer finance are crumbling for a new wave of start-ups, Mr Summers tells us. Read more
There has been no shortage of calls recently for European regulators to drag Google’s controversial new data privacy policies into their anti-trust investigation of the company. But with settlement talks at an advanced stage, we hear this one isn’t going anywhere – at least, not in this round of Google v the EU. Read more
If it’s Monday, it must be Windows Phone 8. Not to mention Google’s Nexus range. Would you prefer that in four, seven or ten inches?
At this time of year, the flow of new smartphones, tablets and things that defy categorisation becomes a flood. But the message left by the latest deluge of hardware (which includes a new iPad mini last week) is a somewhat paradoxical one: with the number and type of screens proliferating, the real key now lies in integration between machines, not in the devices themselves. Read more
After two quarters of declines, iPhone sales ticked up again in the latest period, to nearly 27m. Meanwhile, iPad sales dropped to 14m as rumours of a new iPad mini spread like wildfire. But for Wall Street, this was just the appetiser: the real banquet will be Apple’s current quarter, when iPhone sales are projected to jump to 50m and iPads to 22m. Speaking on the earnings call, Apple executives sounded optimistic about their ability to ship the new products in high volumes – though they warned that profit margins would suffer a temporary dent.
See below for our blow-by-blow take on the company’s latest earnings call. Read more