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Posts Tagged ‘economic downturn’
THE ECONOMIC DOWNTURN has propelled a striking demographic shift: black New Yorkers, including many who are young and college educated, are heading south. About 17 percent of the African-Americans who moved to the South from other states in the past decade came from New York, far more than from any other state, according to census [...]
Amazon And Netflix Tops In Customer Satisfaction
In: web resources
15 Feb 2011Customer satisfaction with ecommerce websites is down 2.6 percent to 79.3 on a 100-point scale, it lowest score since 2004, according to a new report from The American Customer Satisfaction Index (ACSI) and ForeSee Results. “Satisfaction with e-commerce and retail is off from a year ago overall, but the individual company results are mixed, and [...]
Can Demand Media Live Up to its $1.5 Billion Valuation?
In: web resources
26 Jan 2011Demand Media shares are listing today in the New York Stock Exchange under the DMD symbol, as the company’s IPO of 8.9 million shares priced out at $17 a share (above estimates of $114 – $16). The IPO raised a reported $151.3 million valuing the company at just under $1.5 billion. According to the Dow [...]
Despite the overall economic downturn, there seems to be yet another boom in web startups. In the ’90s, we saw the explosion of the Internet’s first big names, like eBay, Yahoo, Amazon, and others. In the 2000′s, social networking and the beginnings of web apps took off, planting MySpace, Facebook, and Flickr firmly on the [...]
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