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
Ever since the Academy Award-winning song “Jai Ho” made it to hit charts, the music world has been wondering if other South Asian talents can go global as well.
Envision Solar, a San Diego-based company known for its solar-powered carports, has announced a new product in line with the company’s goal to make use of solar energy in unconventional places.