Listen up APAC Startups… Google is back on acquisition trail…
“It’s clear that the worst is behind us,” he said. “What we see at Google is some level of improvement and what is more important is we see it not just in the United States but outside the United States.” That’s what Eric Schmidt told Reuters in an interview last week. According to the article,
Google joins Gov2.0 in Australia…
Last week saw the unveiling of Google Public Sector in Australia, by Senator Stephen Conroy, Minister for Broadband, Communications and the Digital Economy. This comes as part of the Aussie government’s recent steps towards embracing the web as a vehicle to breed innovation and engage more with their communities, through the Gov 2.0 Taskforce. It’s not the first
The facebook IPO – should I plan for it?
Facebook announced that it had crossed 300 million users and more importantly, had also turned cash flow positive. Mark Zuckenburg was quite happy with this, as the goal had been to achieve a positive free cash flow some time in 2010. There have been speculation always about an IPO and its timing - Facebook has
China – The next Silicon Valley?
Will China be the next Silicon Valley? Being an occasional traveler to China, I have always been awed by the speed of economic development in such a vast country. The online channel has develop at such a pace that China is currently home to around 253 million Internet users and in terms of unique visitors,
Will Google Wave create a Tsunami in APAC?
Google Wave is due to be released at the end of this month… well to 100,000 invitees first. I’m sure a lot of you have seen the now infamous Google Wave demo at the Google I/O conference. If not, you can see it here, it’s long… but worth watching. Essentially, Google Wave resulted out of
Yahoo to end investment in AliBaba.com…
According to various online news sites… it looks like Yahoo is to shed the investment it made in Alibaba.com. Four years ago Yahoo invested in 1.14% of AliBaba, a deal which gave AliBaba management control over Yahoo China. It appears that AliBaba’s plans for global expansion followed by Yahoo and Microsofts search deal have complicated
Baidu under more pressure…
We recently blogged about the rivalry between Baidu and Google in their quest to take over the massive Chinese online search market. It appears this rivalry has taken another quite interesting turn. Largely down to the Chinese government putting some pressure on homegrown music services, to clean up their act… and link to licensed MP3
Is a restructure on the cards for Google China?
Last Friday, Google announced the departure of Kai-Fu Lee, President of Google China. Considering Kai-Fu’s popularity and talent, it is largely seen as bad news for Google in it’s quest to gain market share or claw some market share away from Baidu. So what next for Google? Kai-Fu has left the reigns in the hands
