In April, Credit Suisse analyst Spencer Wang estimated that YouTube would cost Google $470 million in 2009. The video streaming site would bring in $240 million, he reported, but cost $710 million to upkeep ($360 million of which is bandwidth costs). The site was, and is a “cash sinkhole,” Wang now famously proclaimed.
Today, Google has [...]
Filed under: Business, Technology, Uncategorized on October 9th, 2009 @ 4:17 pm
‘Younger than Moses: Idle Worship’ is an art exhibit featuring 22 artists in New York.
As part of the European Project FP7 research called “Integrated System for Transport Infastructures Surveillance and Monitoring by Electromagnetic Sensing,” a team of researchers had been gathered from the countries of Israel, Italy, France, Sweden, Norway, Switzerland and Romania.