Newspapers try to build readership by giving free subscriptions to the kids
Filed under: Media
French films usually include at least one scene of serious-looking, chain-smoking caf
Tags: a-friend-via, kids, media, newspaper, newspaperindustry, one-year-free, the-government, the-newspaper-, their-choice
Google and Facebook: How two giants can transform the landscape in a day
Filed under: Company News, Technology, Media, Google , Motorola, Apple, AT&T, Facebook
It sure was fitting that Google (GOOG) killed an entire product segment on Oct. 28, just a day before the 80th anniversary of the 1929 stock market crash. And appropriately enough, on Wednesday the tech-heavy NASDAQ tumbled mightily. Contributing to that fall was the pummeling of GPS makers Garmin (GRMN) and TomTom (TMOAF), whose shares plunged 16% and 21%, respectively. TomTom shares kept falling the next day, dropping by 11% more.
That’s because search giant Google unveiled what appears to be a revolutionary GPS guidance unit for smart phones running Google’s Android operating system. Collectively, those two GPS companies lost more than $2 billion in market cap. Even shares of iPhone maker Apple (AAPL) fell by a startling 5%, more than retracing all the recent gains the stock had made after posting stellar earnings last week.
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Google and Facebook: How two giants can transform the landscape in a day originally appeared on DailyFinance on Thu, 29 Oct 2009 15:30:00 EST. Please see our terms for use of feeds.
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Google and Facebook: How two giants can transform the landscape in a day
Tags: apple, companies-lost, gains-the-stock, google, gpstracking, iphone, media, newspaperindustry, one-year-free, searchengines, technology, their-choice, tomtom, verizonwireless
