Interactive Case Study: Dressed for Success?
What should a manager do about a high-performing employee who won't follow the company's dress code?
Marshall & Friends: Developing Strategic Leadership
Marshall & Friends: Developing Strategic Leadership
In Search of a Google-Verizon Deal
For now, the gPhone isn't in the picture, but a successful search engine partnership could lead to discussions down the road
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Is It A Bird? Is It A Plane? No, It’s Google’s Share Price!
Wow, maybe Henry Blodget wasn’t so wrong after all. Google broke through $700 a share in trading today, closing at a record high of $707, just over 3 weeks since breaking through the $600 mark.
Google did have the benefit of a surging NASDAQ; the exchange favored by tech stocks closing up 42.41 pts or 1.51% after the Fed cut US interest rates by 25 basis points to 4.5%. A range of analysts including Goldman Sachs, Credit Suisse and others have raised their target price for GOOG stock to $800 and above.
It’s not all clear sailing ahead for Google, though. The US Federal Reserve wouldn’t be cutting interest rates if it thought the US economy was healthy and the Federal Open Market Committee said that although financial market turmoil linked to a US housing downturn had eased in part, “the pace of economic expansion will likely slow in the near term, partly reflecting the intensification of the housing correction,” which if applied to Google would see its revenue growth slow.
International markets also present a problem for Google, with a decline that wasn’t widely reported when Google announced its 3rd Quarter earnings result October 18. According to Google’s statement, if it hadn’t been for currency movements international revenue would have dropped $121 million in the 3rd quarter (presuming that USD has remained at the same level). It might have been a blip but it’s certainly something to watch given most of Google’s growth opportunities should be coming from outside its home country, given the relative maturity of the US internet market.
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0
Google OpenSocial Image Gallery
Crunch Network: CrunchBoard because it’s time for you to find a new Job2.0
1,000 WooMe Invitations for TechCrunch Readers
WooMe - a website for “speed introductions” that presented at TechCrunch40 but is still in private beta - is giving out one thousand invitations to our readers (redeem yours here).
You would be excused for mistaking WooMe for a speed dating website like SpeedDate.com (covered here). WooMe users are put into one minute-long webcam sessions with one another to decide quickly whether or not they are compatible. After five subsequent sessions, you indicate which of the people “woo’d” you or not. If they were woo’d by you too, then you can choose to contact them for $1. This obviously lends itself to speed dating, and indeed 75% of the 30,000 total sessions conducted in private beta have been for dating purposes.
However, the company is insisting that the service has many non-romantic uses. You can leverage WooMe to find a travel partner or someone to babysit your kids (hopefully you’ll make that decision after more than a 1-minute long face-to-face). You can also just use it to find people with similar interests to you. Last night, WooMe hosted an event for UC Berkeley that got students together to meet over topics such as “I still love Cal football”.
CEO Stephen Stokols says that almost 7,500 people have mutually woo’d each other on the service so far. On Friday, WooMe will add the ability to tag the people you meet over webcam. These tags will stay in people’s profiles so new introductions come loaded with some basic information about a person.
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cb_widget_report_widget("cb_widget_1193872793"); cb_widget_report_element("cb_widget_0_1193872793","woome");
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Good Things Come in Small Packages
Despite being classified as a design study for the subcompact segment, this
three-door concept offers an idea of the future Audi A1 minicar, due in 2009