Lauren Goode

Recent Posts by Lauren Goode

Citi: Positive Trends Ahead for E-Commerce

According to a brief from comScore, total U.S. online spending in January — including retail and travel — grew 13 percent year over year to $23 billion, compared to 11 percent in December. Both months were pointing slightly downward from fourth-quarter online spending, which saw 14 percent year-over-year growth, but Citi analyst Mark Mahaney said in a note that he sees overall positive trends ahead in e-commerce, with the possibility of seeing pre-recession 20 percent growth rates. Key segments contributing to January’s overall growth included online sales of computer software, jewelry and watches, and home electronics.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik