Japanese telco KDDI has released its second quarter results—on the mobile side operating revenues increased by 0.7 percent to 679.8 billion yen (US$6.32 billion), although operating income fell by 8 percent to 139.2 billion yen (US$1.29 billion) due to a number of factors. Most significant is the fall in...
Gameloft (EPA: GFT) has released its sales figures for the second quarter (not its earnings report, which will come out later): It sold 25.0 million euros (US$39.3) worth of games in Q2, an increase of 8 percent year-on-year—16 percent on a comparable exchange rate basis, reflecting the strength of...
Gigaomni Media, the blog media network founded by Om Malik, has done its first acq-hire: it has bought a mobile technology blog called jkOnTheRun, a blog about mobile gadgets, including mobile phones and cloud client computers. The two writers/founder will stay on board, and this will be the sixth...
I'll be covering the MobileBeat 2008 conference Thursday afternoon at the Plug & Play Tech Center in Sunnyvale, Calif. It will be a quick trip, but I'd like to meet up with anyone who has the time. If interested, please drop me a line at matt AT moconews.net. I...
In May, rumors spread that Vodafone (NYSE: VOD) and AT&T (NYSE: T) may be interested in buying a stake in Huawei Technologies' handset division for up to $2 billion. The logic was that the move by AT&T and Vodafone was defensive—handset makers like Nokia (NYSE: NOK) were starting to...
AT&T (NYSE: T) met expectations for Q2, reporting revenue of $30.9 billion and net income of $3.8 billion. A major driver, wireless data revenue, which grew 52 percent to $2.5 billion. The company also said that its U-Verse TV service had a net gain of 170,000 subs, bringing the...
Opening the call by immediately citing the troubled economy and the challenges faced by the newspaper industry at large, Janet Robinson, NYTCo.'s president and CEO, sought to highlight a few bright spots. Even with the decreased operating income and revenue, Robinson pointed to what she said was the NYT's...
Could the impending advertising recession actually spread to online? Though many in web ads and publishing confidently predict a continuing "big flood of money coming out of traditional media" (that's FT.com's MD, speaking to me last month), French online advertising and publishing group Hi-Media says there is, in fact,...
This white paper provides an insight into the relationship between money laundering and organized crime. The area in which organized crime is most recognizable is money laundering. A United Nations report concluded that money laundering is the tenth largest global economic activity - and reliable estimates attribute 4% of the...
Nick Rilkoff, who lives near Castlegar, British Columbia, has had his add-on wood furnace since 1984. He has saved thousands of dollars since it was installed. Not only has wood heated his home all these years, it has also reduced his water heating costs. Free wood is a little harder...
Using flyers is one commonly overlooked method of advertising offline. Flyers are extremely easy to create. They also allow one o exhibit some of their creative side, making it just that much more fun to make money. In some areas, one may be able to put up as many flyers...
A person can easily save thousands of dollars a year with very little effort by following even a few of the cost-saving measures in the "Save Money" series. The more cost-saving measures a person adopts, the more money the person will save. This paper overviews some of the ways to...
Money is often spent but the profit may not be realized until later. There are three major ways to increase the profitability of a business: find a way to increase sales of the products or services without a major increase in advertising or promotion expense, raise the prices, and decrease...
The typical American consumer has been reluctant to challenge that retail icon, the list price. The notion that one can stretch the paycheck by negotiating better purchases is enjoying wider acceptance. The tips given in this paper sums up the author's approach to getting the best deal for a person's...
The most common reason for business failure is lack of money to keep the business alive until it can become self sustaining. But, having said that the main reason, in the author's opinion, that small business runs out of money is that the business has had poor management. The money...
Annuity payments are money paid out in regular intervals. The money is paid yearly, either quarterly, or semi-quarterly. The process of annuity payments is somewhat an investment, which investors are paid set amounts each year, or whatever interval chosen for the course of his or her lifetime. Most times annuity...
Time and money are both very important in business. Yet, many business people tend to give a lot more specific thought as to how to spend their money. Too often, how one spends the time is only thought of in terms of "What am I going to do today?" or...
Success comes in many forms and with many measurements. Bill Gates is a monetary success, Sister Theresa was a spiritual success, Stephen King is a literary success. The author considered many of his teachers as great successes but none were wealthy. Money is the most common measure but not the...
In addition to checking and savings deposits and CDs, banks often offer investments in mutual funds. While mutual funds are often used to invest in stocks and bonds, a major chunk of total assets is invested in money market funds. Unlike FDIC-insured deposits, money market funds are not federally insured...
The authors describe work on a new measure of money that has a more satisfactory means of identifying and removing the effects of financial innovations. The new method distinguishes between the measured data currency and deposit balances and the underlying phenomena of interest (the intended use of money for transactions...
