Archive for September, 2008
Meltdown Monday
It was another black Monday for Wall Street after the Congress hasn’t passed the mother of all bailouts. I will skip the details, as the whole press world is doing already a very good job at covering what’s happening.
Just one quick point. The Dow closed at the very bottom, lacking the support of the short [...]
The big rush for cash
A recent Citi estimation talks of 600bn$ of cash being hoarded up by hedge funds. Not a surprise. The fly to safe lands (cash) coupled with deleveraging was already happening, and it looks like it is assuming epic dimension right now. Not a suprise, considering the following gib question marks:
the 700bn$ bailout is facing challenges. [...]
2008, not the year of mobile (yet)
For something like the last 10 years, every year mobile advertising has been considered the next big thing, supposed to happen in the following two years. Shall we renew the tradition this year too?
Definitely, 2008 hasn’t been the year of mobile advertising going mainstream. Despite a substantial growth of mobile ad revenues, it is still [...]
Sponsored search and economic crisis
What we have seen so far in online advertising is a shift from brand spend to direct response spend, i.e. from banner into sponsored search, affiliate marketing and the likes. It does make complete sense. Given the though economic environment, and the pressure in companies on controlling costs while maintaining revenues, a shift from brand [...]
Goodbye Steve
Today I said goodbye to Steve.
Steve (Boom, SVP Connected Life, Yahoo!) was visiting London today to say goodbye to friends and colleagues. His last day, next Tuesday. After 10 very good years at Yahoo!, he has decided to move on, take a bit of time off and to think to the next thing.
I value Steve [...]