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27 Apr 09
Internet Users in Developing Countries Drag on Sites’ Profits - NYTimes.com
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“Whenever you have a lot of user-generated material, your bandwidth gets utilized in Asia, the Middle East, Latin America, where bandwidth is expensive and ad rates are ridiculously low,” Mr. Volpi said. If Web companies “really want to make money, they would shut off all those countries.”
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Facebook said last month that it was on track to become profitable next year. But as it did, Gideon Yu, Facebook’s experienced chief financial officer, left the company. Three people familiar with the internal maneuverings at Facebook said Mr. Yu objected to such a rosy projection as the company was struggling to finance its expensive global growth.
03 Dec 07
Main Page - Biz Wiki
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The Biz Wiki is a collection of business information resources available through Ohio University Libraries. It is designed to assist business researchers in finding the best resources for their projects or topics.
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