Sina Corp, China's largest Web portal, posted a decline in quarterly sales and profit but beat Wall Street estimates as a recovering economy boosted consumer spending and advertising sentiment.
Time Warner says it will spin off its Internet business, AOL, as a separate company on December 9th. Time Warner Inc. said Thursday it has declared a dividend on the AOL shares it owns that will result in a complete separation of the two companies.
Glyde, a start-up based in Palo Alto, Calif., will introduce a Web site intended to make it simple for people to buy and sell used media products, the New York Times reports.
In 2005, China administered a spelling test that asked respondents to spell "Google" for a search market report: only 60 percent took the test and more than 20 percent got it wrong. Four years later,Google, whose whimsical name is synonymous with Internet search in much of the world, is still struggling for recognition in China, the world's largest Internet market by users where local rivalBaidudominates.
Google says it needs until Friday to come up with a new proposal that would give it the digital rights to millions of out-of-print books. The new timetable approved Monday by a federal judge is the latest twist in a 4-year-old copyright lawsuit over Google's ambitious book-scanning project.
Google is acquiring mobile advertising company AdMob for $750 million, furthering the company's push into the fast-growing market of Web-enabled cell phones.
For many women, a $1,000 dress is something they admire in the pages of a magazine. But a nascent Web site called Rent the Runway is hoping to make high-end fashions much more accessible and almost as easy as renting a movie from Netflix, says the New York Times.
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