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A Question of Commodification: Is YouTube Bleeding Google's Money or Are Execs Trying to Tank the Video Brand?

A Question of Commodification: Is YouTube Bleeding Google’s Money or Are Execs Trying to Tank the Video Brand?

Is the internet monolith YouTube hemorrhaging Google’s money or are the losses exaggerated? The AP reports that technology consultants RampRate Inc. projected a $174.2 million dollar operating loss for the 2009 fiscal year for the video site. In April of last year, YouTube’s quarterly projections, as estimated by Credit Suisse analysts Spencer Wang and Kenneth [...]

Nantucket No Longer Isolated from FICRY

Nantucket No Longer Isolated from FICRY

It is clear from the plethora of bad news about the real estate situation across the United States that no place and no island, is safe from the effects of our recession.  The latest tale of riches to rags comes from The New York Times online front page, reporting on the New England luxury island, [...]

YouTube Flooded with Résumés from Laidoff YahooVideo Engineers

YouTube Flooded with Résumés from Laidoff YahooVideo Engineers

A source at Google tells a Gawker.com correspondent that, YouTube has seen a rush of résumés, from engineers at Yahoo’s video site, after a wave of layoffs last week. Yahoo’s video site, the descendant of the foolhardy $5.7 billion acquisition of Mark Cuban’s Broadcast.com in 2000, has struggled to compete. It uses outmoded video technology [...]

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