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Showing posts with label Google Acquisition. Show all posts
Showing posts with label Google Acquisition. Show all posts
Monday, 8 June 2015
Bidness ETC - Google Acquiring Twitter Will Be A Safer Bet
Twoogle will benefit both the companies.
Since a while now, rumors about the acquisition of Twitter Inc. by Google Inc. have been in the air. The idea of Google acquiring Twitter has created immense disruption in the market where many social media enthusiast have been talking about the major disruption that awaits them. The concept behind Twoogle is not only enriching but extremely captivating too.
Mr. Chris Sacca, the investor at Twitter mentioned during an interview that the social media platform can readily benefit the search engine giant and is apparently an “instant fit”. Google’s portfolio is extremely dynamic and boasts of several great features, but it still lacks a potential social media platform which Twitter become.
Mr. Sacca who himself is a Twitter investor has been extremely critical about the company’s performance and considers it to be a disappointment that they have not been able to cope up with the expectation of Street analysts.
Twitter’s monthly user base in the fiscal year of 20015 during Q1 compounded to 302 million which is almost one-fifth of the total consumer base of Facebook. Moreover, Mr. Sacca also acknowledged that 1 billion of Twitter users stopped using the platform which indicates that the company has several shortcomings to deal with.
Mr. Sacca also understands that this market is currently dealing with a lot of competition. If Twitter does not come up with a better mechanism then other tech behemoths will soon take over the firm without leaving any room for redemption.
Apart from this Mr. Sacca also gave another interview to Bloomberg. Mr. Joshua Topolskt the digital editor at Bloomberg and Mr. Om Malik the web and tech writer considers Twoogle to be a massive breakthrough and are positive about this new rumored endeavor. According to Mr. Topolsky, the merger of Twitter and Google is extremely strategic and makes sense financially. Twitter at this point needs a safe haven along with financial cushioning which Google can provide. Simultaneously, Google can cash an active social media platform Mr. Malik expressed his opinion regarding the merger by stating, “The most viable option [for both companies] from an investor standpoint.”
BidnessEtc commented on the issue by stating Mr. Malik’s approach further, “The site needs more ways to create human interactions using better data-mining techniques and take on more risks. He maintained that Twitter’s product value has not gone down and just needs a little revival.”
On the other hand, Ms. Marrisa Mayers of Yahoo Inc. also believes that this endeavor will be a milestone for Google.
Saturday, 9 May 2015
Bidness ETC - Yelp CEO Gives His Remarks Over Google's Effort To Buy His Firm
Jeremy Stoppelman discussed Google Inc and Yelp Inc misery.
The trading mechanism came to a halt today when the stocks of Yelp Inc surged by 15 per cent. This has been reported by the Wall Street Journal when they stated that the company was looking for sale options. This is not the first time where earlier in 2009 the search engine giant, Google Inc. showed their interest in buying Yelp Inc for an approximated amount of $500 million. The buyout was actually in favor of the company boosting Google Inc (GOOG) products and services.
However the chief executive officer of Yelp, Mr. Jeremy Stoppelman is not really sure about selling “his baby” he mentioned while addressing the Associated Press. The late CEO of Apple Inc. Steve Jobs played an instrumental role in excluding him out of it.
The Business Insider asked several questions regarding the buyout to Mr. Stoppelman. They asked how the company felt when they were approached by Google Inc. To which Mr. Jeremy Stoppelman replied, that it was an extremely difficult decision for him since he is emotionally attached to the company calling it his baby. Despite the bond, the company had no other option since he wanted it to flourish where he knew this was the only opportunity.
The business insider also asked if they received a call from Steve Jobs during that time to which he said that Jobs was against Google Inc. He had his reservations with the company which was extremely obvious where he alleged Google’s operating system Android to steal ideas from their popular iPhone. He believed that Yelp had immense potential to grow and it would actually lose its charm if it associated itself with Google Inc.
However, there are always two sides to the coin that reveal a different story. So many sources in the past also claim that Google Inc was the one that actually suspended it. Google Inc and the other company were actually working on the details of the deal, but the soon information was leaked. Many accused Yelp officials to be behind this leak.
Hence nobody really knew what caused the mishap but Google Inc was initially really interested to have Yelp on its portfolio. The change in strategy caused problems for them and lack of communication added more to the commotion whereas Google Inc has completely different stories that state Apple is the root cause of the problem. So if these issues resolve then Yelp might be soon seen with Google Inc thriving and flourishing under the able leadership of Google Inc executives.
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