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Gift card sales will reach $14 bln over the 2012, according to Packaged Facts. Gift cards are part of an overall $81 bln market for prepaid cards. 33% of gift cards purchasers in 2007 said they expected to spend more on gift cards during the 2008, and 9.1% said they expected to spend “significantly more.”
* Sony buys out Bertelsmann for $900 million
* 11 charged in theft of 41 million card numbers
* MySpace users get free Wi-Fi access
* Friendster gets new chief executive
* Facebook Stock for Sale
* Time Warner to split AOL into 2
* New Google box for offices can search 10 million files
* Cablevision hails court ruling on DVRs
* WiMAX Based Sensors Monitoring Volcanos
* AT&T Gets the iPhone for Longer
* The Top-10 Selling Mobile Phones
* Google launches free music service in China
* Venture capital investing: What's next?
Today's Featured Company - Globond - SuperConductor for the Super-Connected
On Wednesday's Radio Show, Ken Rutkowski talked about $900 million buy for Sony, 41 million credit cards stolen, Free Wifi for Myspace UK, Friendster comes back to life, Facebook worth less than thought, AOL gets cut up, Google B2B box, Cablevision wins a big victory, Volcanos get WiMax, Top 10 mobile phones, Google goes after China and What are VC's thinking now.
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