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Lovely little piece by Joshua Palau on how evidence of the new frugality is cropping-up in search behavior. While e-commerce shoppers tend to display greater price sensitivity than their brick-and-retail brethren, their ranks have swelled over the past year thanks to the failing economy. Palau’s advice to businesses: adapt or die. We’ve already seen that [...]
Dell recently reported net income of $337 million in its latest quarterly report– a 54% decline from the same period last year. Its revenue was down 15%, and analysts were basically disappointed in its performance all-around. In other words, this was a good day for Dell: “We are seeing improvement in overall underlying I.T. demand [...] In a further sign that the IPO markets are heating up again, City of Industry-based Newegg is taking advantage of the recovering economy and planning to go public.
It appears that the venture capital community is remaining cautious about investing in new businesses, despite the much-trumpeted idea that the Great Recession is over. Funding is down 44% so far this year, and banks are continuing to sit atop all that capital given to them by the government. …new business starts fell 14% [...] |
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