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The posh set may still lord their smart handbags, pricey silks, and Ibiza getaways over the masses in the offline world, but in digital it’s a different story.
Online, luxury retailers struggle to keep up with the Kmarts and J.Crews of the world. In fact, according to a recent study by L2, one in five luxury brands still lack ecommerce capability, and 30 percent of them have yet to incorporate basic site search.
When it comes to the cloud, Amazon has fast become an 800 pound gorilla thanks to Amazon Web Services (AWS).
Sure, it's had some problems, but thanks to the breadth and depth of its offering, and its pricing, Amazon continues to be the go-to choice for many companies looking to put their applications in the cloud.
Cloud computing may be significantly changing the way many companies do business on the internet, but it isn't perfect.
As we've seen time and time again, the cloud infrastructure can fail, leaving users which made poor architectural decisions in a bind. There are also security and financial concerns that the cloud raises, some of which companies fail to deal with intelligently.
Facebook's revenue growth over the past several years is almost as impressive as its user growth. And with money pouring in, thanks in large part to advertisers eager to reach consumers on the world's largest social network, its profits are growing. How much?
According to Michael Arrington, Facebook generated nearly $800m in operating income in the first six months of this year.
By comparison, Arrington's sources said the company produced $1bn in operating income in all of last year.
In late 2009, Amazon introduced a new way for AWS customers to purchase its Elastic Compute Cloud (EC2) service: spot instances.
Instead of buying an instance outright at a fixed price, the price of a spot instance is determined by supply and demand.
So long as your bid for the instance is above the current spot price, you have a fully functional Amazon EC2 instance at your disposal.
If one trend has captured the hearts and minds of internet executives, entrepreneurs and developers alike over the past several years, it's cloud computing. And when it comes to market leaders, at the front of the pack is Amazon.
Its suite of offerings, known as Amazon Web Services (AWS), has attracted some of the most prominent consumer internet services, including Twitter, as well as a slew of up-and-coming startups looking for the ability to scale in their early days without Facebook-like funding. Through its cloud, companies can do everything from run resource-intensive applications to send high volumes of email.
If you run a website, there's a good chance that you store data that you wouldn't want falling into the wrong hands. At the same time, there's also a good chance that you're increasing the odds of that happening by not following basic security best practices.
Unfortunately, the cost of data breaches is growing every year. A new study released by the PGP Corporation and the Ponemon Institute, the average cost of a data breach incident in 2009 was 6.75 million compared to 6.65 million in 2008. The largest data breach in 2009 cost just under $31m to clean up.
If your website gets massive traffic, or you are building a new website and can't sleep at night because you're worried that you will, Yahoo wants to help. And it doesn't want anything in return, except maybe your love.
On Tuesday, Yahoo will announce that it has open sourced Traffic Server, the HTTP web proxy cache it uses internally to serve up millions upon millions of requests to its users on a daily basis in an efficient manner.