Report: Internet Economy Set to Nearly Double to $4.2T by 2016

The Internet economy of G-20 nations will nearly double in value to $4.2 trillion by 2016, according to a new projection by the Boston Consulting Group.
WorldEconomicForum

Marc Benioff Is All Over This Social Enterprise Thing

A quick look at what Salesforce.com CEO Marc Benioff will talk about in his Dreamforce keynote Wednesday. A hint: It will have something to do with the social enterprise.
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You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

Schmidt: Google Worries About Microsoft, Not Facebook

Eric Schmidt isn’t buying into this “Facebook is the new Google” hype at all. Speaking to reporters at the World Economic Forum in Davos, Switzerland, today, the outgoing Google CEO said Google has far more profound concerns than the social network that Goldman Sachs recently valued at $50 billion–Microsoft, for example.

Michael Dell Thinks HP Paid "Way Too Much" for 3Par

Michael Dell now says that after three weeks of grappling over storage company 3Par last fall–a bidding war he ultimately lost–his rival, Hewlett-Packard, overpaid with its $2.4 billion offer.

From U.S. to Germany to China–BoomTown Goes Around the (Digital) World in a Week

It’s a big, wide and very digital world out there and that’s why I’m headed around the globe–quite literally–for the next week to see some non-Silicon Valley tech trends and more.

Voices

U.S. Falls to Fifth on List of Most "Networked" Countries

An annual ranking of countries’ information technology systems shows the U.S. falling to fifth as Sweden rose to the top and developing countries such as China and India made significant gains.

Google CEO: Ask Not What Google Can Do for China–Ask What China Can Do for Google

Google doesn’t want to leave China. It just wants to fix China. Speaking at the World Economic Forum in Davos, Switzerland, today, CEO Eric Schmidt said he really doesn’t want to shutter Google’s Chinese operations, he would just like the company to have more of a role in shaping its domestic policy.

Netflix No iPad Early Adopter

USA–A Great Place to Visit, but I Wouldn't Want to Network There …

Turns out those Europeans are using their Internet connections for a lot more than just drying laundry. According to the World Economic Forum, Denmark, Sweden and Switzerland are the three most networked nations in the world. In its annual Global Information Technology Report, the Forum ranked 127 countries according to network readiness and found that [...]