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It can be easy to forget that at this time four years ago, the future of the global economy was in limbo. Financial markets around the world were in chaos and the specter of a global depression was being taken seriously.
Today, the internet economy is booming and retailers are expressing optimism for the holiday shopping season.
But under the surface, there is growing concern. As AdAge points out, if you take away all of the advertising activity around the Olympics and the United States election cycle, ad sales have been softer this year. And now advertisers have a new worry: the Fiscal Cliff.
Apple isn't the same company without Steve Jobs at the helm, but that's easy to forget when looking at the company's financial performance since its co-founder and chief visionary passed last year.
Despite questions about Apple's ability to thrive long-term without Jobs, consumers continue to snap up the company's latest and greatest products at remarkable, record-breaking rates.
In 2010, major online retailers in the United States which operate affiliate programs saw their businesses threatened by new state laws that would force them to collect state sales tax if they have affiliates in the state.
Despite the fact that these laws don't generate the revenue they're supposed to, and typically spark high-profile backlashes, it appears that the push to tax internet retail through 'affiliate taxes' will continue into 2011.
Yesterday, eBay reported its Q3 2010 earnings.
The good news for investors: PayPal is going strong, with net revenue up 23% year-over-year. The bad news for investors: auction revenue has all but stalled, increasing just three percent year-over-year.
Journalism, apparently, is in trouble. The once-dominant financiers of journalism -- newspapers -- are dying. And while some see hope in new media, the harsh reality is that journalism's woes have less to do with distribution mediums and more to do with business models.
That's because the kind of journalism that is threatened is expensive, and even online, there aren't too many business models that can support it. So what should we do?
For years, a small region in the western United States has served as a Mecca for technology entrepreneurs looking to follow in the footsteps of all the great founders who built their companies in a place known as Silicon Valley.
Companies including Intel, Apple, Google and Facebook, just to name a few, were all started in Silicon Valley, which is recognized the world over as the premiere source of so much technological innovation.
But are Silicon Valley's better days behind it? Silicon Valley is located in California, which was recently named the worst state to do business in the United States according to Chief Executive Magazine's annual Best and Worst States for Business survey. It's the second year in a row the state has earned the distinction.
When the FTC first announced that it was looking closely at blogs and social media, one of the groups that many thought would come under close scrutiny was mommy bloggers.
Flash forward to today. The FTC rules are in place but it's business as usual for mommy bloggers who get free product in exchange for product reviews on their blogs. That's according to a survey of 130 mommy bloggers conducted by Mom Central Consulting.
For those of us who don't live in California (or even the United States), it's understood that there are plenty of great technology companies outside of California.
But even so, California, and in particular Silicon Valley, has a reputation for being the world's tech hub. And to be honest that's probably fair given the number of great technology companies that have come out of California and Silicon Valley over the years.
In British finance minister Alistair Darling's pre-budget report to parliament last month, a plan was laid out to help businesses in the UK.
Here are some of the changes that are being implemented that may impact you.