eBay Predicts Mobile Commerce Will Grow 60 Percent in 2012

EBay’s John Donahoe has drawn his mobile prediction line in the sand for 2012, and it is pretty jaw-dropping.
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News Byte

Another Ad Forecast Dims

We’ve seen several ad forecasters pull back their growth predictions in recent months, and here’s another: Zenith Optimedia projects worldwide ad spend to increase 3.5 percent in 2011 and 4.7 percent in 2012. That’s down from an October forecast of 3.6 percent and 5.3 percent, respectively. Web spending, per usual, will grow much faster –15.9 percent between 2011 and 2014, with Google now accounting for 44 percent of the digital market.

Tick, Tick, Tick, HP Board: The Time to Act Is Today

As Hewlett-Packard CEO Léo Apotheker twists painfully in the wind, it’s up to its directors to move quickly to end the latest crisis at the Silicon Valley tech giant.
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No Sign of Daily Deal Fatigue in the U.S. as Revenue Forecasts Grow

Despite Facebook pulling out of the deals business and questions swirling around Groupon’s pending IPO, the daily deals market is still growing.
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Hey, Guess What Happens to Advertising if the Economy Tanks

Here’s some unpleasant deja vu: Summer’s over, the economy is wobbling, and analysts are starting to hack away at advertising forecasts.
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After Pushing webOS Off a Cliff, HP Watches Its Stock Take a Deep Dive

In the 24 hours since Hewlett-Packard announced it was cutting production of its high-profile webOS devices and might spin off its huge consumer PC business, stock of the tech giant has plummeted 20 percent.
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Magnum P.I. Can See the Future, and We’re Living in It Right Now

A nearly 100 percent accurate view of the present tense, forecast back in 1993.
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Sony Slides to Loss on Quake, Cuts Guidance

Sony Corp. said Thursday it slipped to a net loss in its fiscal first quarter, squeezed by the impact of the March 11 disasters, and lowered its earnings forecast for the fiscal year, citing weak sales of televisions as well as the yen’s strength versus the euro.

Texas Instruments Cuts Outlook, Citing Nokia

Semiconductor maker Texas Instruments Inc. reduced its expectations for the second quarter because of weaker demand from wireless customer Nokia Corp.

IBM's Profit Rises 10 Percent

International Business Machines Corp.’s quarterly earnings rose 10 percent, as the technology giant posted improved margins and its best quarterly revenue growth in a decade.

Analyst Warns of Global iPademic