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Local advertising will grow at a CAGR of 13% from 2007 to 2012, faster than will online advertising as a whole (which will grow 12%). Display and search advertising are leading the way, with CAGRs of 18% and 16%, respectively, during the next 5 years. Online local classified advertising, will grow at a CAGR of 10%.
* Google Layoffs - 10,000
* Citigroup gets $306b rescue from US government
* A New IPO Market Urged
* Twitter rebuffs a Facebook poke?
* Web Retailers Engage in Price Wars
* iPhone Dev Team releases 2.2 jailbreak
* Time spent watching TV continues growing
* DVR usage making big changes in television viewing
Today's Featured Company / Person - Woot - Woot.com is an online store and community that focuses on selling cool stuff cheap. It started as an employee-store slash market-testing type of place for an electronics distributor, but it's taken on a life of its own. a new product is released every morning at 12am central time, seven days a week. (If you're not a morning person, this can be described as every night at midnight. Better?) If a product sells out during its run, a new item will not appear until the next release time. You will know if a product is sold out, because the main page says "SOLD OUT" instead of "I want one". (Clever, eh?) Ken Rutkowski / Andy Abramson MP3 / RSS (Podcast) / Open Directory of Past Shows
The Mobile Application Rush: Is the iPhone Really Leading the Way?, Free Shipping, Other Offers Prevalent throughout Holiday Season, 80% of Americans would switch to hybrid cars if they could afford them, Indonesian HIV/AIDS patients face microchip tagging
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