Google throw new market glove
California-based Internet company has long ahead Yahoo Search and Microsoft in online searches Google to challenge their competitors. Some time users most powerful search engine, even in experimental form, can use two very useful services - Google Similar Images and Google News Time Line. They facilitate access to information and illustrative data, which, prior to use two innovative products reach more slowly and the structure of the information base would present organization. With the first product Google Similar Images (like images) can be found on a criterion that image that you need. Google News Time Line will facilitate those who seek information on a particular topic. They will receive lists of articles, photos and videos, which are arranged by date and the results will be able to narrow to specific news sources, journals or blogs.
"Traditional search by keyword at the moment and the foreseeable future will remain the most used and popular on the internet because it is a very effective mechanism by which someone asks a question and receive relevant answers. They are most directly responsible put question, explains the effect of new products RJ Pitman, product manager of the California technology company. In his new methods to meet the increased "appetite" for a more adequate and refined search in real time. "We are far from daring to do predictions on how the presented systems will change the Internet search, but we are confident that Google Similar Images and Google News Time Line have the potential to do so, specify Pitman. The words of the product manager of Google gives a clear signal despite constantly growing market share of the company in the world will continue to throw gloves market competitors, and relies on innovative products to offer more and varied opportunities to our users. Reasons for such a strategy gives the statistics. online searches carried out by U.S. Internet users in March, amounted to 9.523 billion, or about 3555 per second, the calculations show the research company Nielsen. Compared to the same month of last year the number of applications completed in the fields of search engines, grew by 16.7 percent on an annual basis . No surprise first in market share is Google, whose search engine is in made 6.114 billion queries, or 64 percent of the total volume of inquiries.
Second is the search engine ranking in Yahoo Search. In manufacturing program have 1.505 billion queries that take leadership positions in the company. Yahoo Search currently has market share in Internet search in the USA by 15.8% with 18.5% in March 2008. Third place remains for the various gates of Microsoft. Nielsen data shows that the demand by the platform software giant has risen only 0.3 percent to 982.661 million units, a company's market share declined by over 2 percentage points to 10.3 percent.
How both services work Similar Images lets write a keyword into the search box to be brought out like the familiar search far different images associated with that word. If the word is "church" after the first click on the button "search" will appear sanctuaries of different civilizations and religions - May, Hindu, Ancient Greek, Roman Catholic, Orthodox and others., All done graphically. When selecting one of these temples system automatically eliminates all other associations and is directed only to the ancient Greek sanctuaries, which appear in the upper right corner as an election. The system is useful when looking for more photos of people in different way - for example a known actor or actress. Search only in name initially suggested images from films, from awards ceremonies, etc. paparazzi pictures. Choosing one of these options in the upper right corner appear photos related solely to her. At this stage, as the system is still at an early stage of development, there is weak or almost no maintenance of the database of images that can be found by keyword Cyrillic.
In the words of radical Malpani, who heads the engineering team at Google, the purpose of new product Similar Images is to cover all the publicly available images on the web in the coming months and years. Another innovation Google News Timeline represents the optimization of existing and news now in search of news.google.com. The goal is to more easily find materials that are arranged chronologically to the date of demand. For some materials there is evidence based with hundreds of years ago. The system was developed by Andy Herzfeld, who was one of the leading figures in the creation of the Macintosh platform to Apple. "When a user searches on the results of football matches or the war in Iraq as he receives a text, photo, video and audio-information, arranged in front of his eyes day by day" fix Herzfeld during the presentation of new products. Search can be limited and to a magazine, journal or blog.
Along with two new products the company update my site Google Laps, where consumers already can see on what thousands of software engineers working on search engine. "The goal is development to get in early to the general public, which if desired can write comments and recommendations to enable the final version of the program to be working with high and mistakes can be reduced to a minimum, specify Pitman. In the words its supply of a complete and working product is particularly important in this economic situation.
It is recalled that in the autumn of last year the company presented its services to Google Audio Indexing. It allows to write a certain word or sentence statement of a politician or public figure can be found throughout the speech and video, if it is in YouTube. According to Andy Herzfeld feedback from users has been positive, but most of them insist that help in the search function to spread to other persons outside the political life.
New Investments At the end of March, California company gave another sign that it intends to invest in future technologies and innovative solutions. She announced the creation of an investment fund with capital of $ 100 million new plant will say Google Ventures and will be 100 percent owned by Google, but will work completely independently. Newly formed company will seek a wide variety of companies to invest in them - the Internet and other services, incl. in the field of health. Announced last week the company's reports show that Google's net profit in the first quarter of this year grew by 8 percent annually to $ 1.42 billion general revenue has increased by 6.2 percent to $ 5.51 billion versus $ 5.2 billion during the same period of 2008
Google Facts$ 1.42 billion net profit is Google's first quarter of 2009
250mln. Bulgarian impressions monthly account domain to Google.
6.114 billion requests, or 64 percent of the total requests are passed through the search engine Google.
Labels: Financial News
Great Britan's economy with largest drop
The UK economy got more narrow in the first quarter more strongly than expected, showed preliminary data of the National Statistical Office in London. Gross domestic product declined by 1.9 percent compared to last quarter of 2008, which was reported a decline in gross domestic product by 1.6 percent. Contraction of the British economy, significantly higher than market expectations for a fall of 1.5 percent. According to today's report from the collapse of UK GDP on an annual basis during the first three months of 2009 reached 4.1 percent after a revised decline in today's report by 2.0 percent in the last quarter of 2008. Economic downturn, reported a third consecutive quarter is the biggest on a quarterly basis from the third quarter of 1979. And on an annual basis is the strongest of 1980. Decrease in production is a comprehensive industrial production decreased by 5.5% compared with 4.5 percent decline for the last three months of 2008, a decline in the services sector was 1.2 percent after a 0.8 percent decrease for the previous reporting period. Industrial production fell by 6.2 percent during the first three months of the year, this is the largest of its decline in 1948.
Labels: Business News, Financial News
Investing in USA is Good Opportunity
According to James Shaft for the first time in a long time, the market for homes in the U.S. provides a reasonable opportunity to purchase five-year perspective of the property. Long housing market is dead, and nobody knows how much more will the U.S. recession.
However, historically low interest rates on long-term mortgage loans with a fixed percentage (less than 5 percent for 30-years mortgage) and the prospect of strengthening inflationary pressures within a year or two, both resulting from the current policy of the Federal Reserve and government made the possession of property with long-term financing of the purchase much more attractive than just three or six months. At the same time is hardly reasonable to declare that the bottom in the housing market in the United States has reached, as prices will likely fall further once ever become cheaper with 20% in the U.S. as a whole. Expected futures showed a drop of about 4 percent of the Case-Shiller index of housing prices in the 20 largest urban areas in the U.S. in May this year and in May 2010 and the recovery of current levels in 2012. A market must be seen through the filter of such indicators as unemployment, which will certainly grow from here and economic recovery will likely be very slow. Surely unemployment is generally an indicator of subsequent response within 6 months, but at the same time and has considerable pressure on domestic consumption and the market in the U.S.
No way conversion cycle in the housing market leading to the exit of the country's economy from this recession. As a very important fact: The Federal Reserve will do whatever is necessary and very likely in the effective action to stop deflation. In fact, there is reasonably high risk of inflation to be omitted from the control of the Fed or the buyers of government bonds to pass, given the growing appetite for risk on stock markets. This increase in inflationary pressures will be very useful for those who downloaded long loan to buy homes.
Labels: Comments, Financial News
Central Bank of England felt delay in economy
According to the minutes of the MPC Bank of England, the Bank's members voted 9 to 0 vote to maintain interest in 0.50% and 75 billions pounds buying long-term UK government bonds. BOE said that there is high uncertainty about the size of this program for the purchase of British debt securities. Bank notes that the original reports on the impact of this program are encouraging. BOE sees "early warnings" for improvement of the corporate debt market. Seen and known signals to improve access to credit. According to BOE, the sharp rise in unemployment in UK could hit on consumer spending. The Bank continues to believe that the risks to weigh down the economy in a downward direction. Inflation will probably fall below the target of the BOE in the second half of 2009. (less than inflation so by 2 percent ceiling on / on). According to Bank studies show that the contraction (economic downturn) may be lighter/poorer in Q2 of 2009 and that the pace of economic collapse may be weakened.
Labels: Financial News
Asian Markets finished the session poor
Today most of the indexes of the Asian markets fell under pressure from concerns about increased revenue for companies such as the Tokyo market was supported by Yesterday strong growth in the U.S. stock indexes, such as pressure were shares of financial companies after Standard & Poor Takefuji yesterday put its competitors and Promise, Acom, and Sanyo Shinpan Finance list of companies under review with negative outlook because of concerns that the costs of refinancing obligations will increase as their credit ratings may drop because of declining profits them. According to many analysts during this week will be a downward adjustment in world markets after the rally from the previous 5 weeks. Regional index for Asia and Oceania MSCI Asia Pacific in Tokyo fell by 0.4 percent to 87.98 points, about five shares for every four cheapen that appreciation. Today the main market indicator Japanese Nikkei-225 Stock Average, rose to 0.18 percent, to 8 727.30 points, after the Japanese currency fell to ¥ 98.77 against the dollar. In Hong Kong index of top companies Hang Seng is lower by 2.67 per cent to 14 878.45 points. The main stock index in China CSI 300 fell by 3.71 percent to 2 576.28 points. Australia S & P / ASX 200 is lower by 0.25 percent to 3 668.20 points, while New Zealand NZX 50 FF GROSS decreased by 0.07 percent to 2 662.94 points. In South Korea, the KOSPI stock indicator has increased by 1.44 percent to 1 356.02 points. In Indonesia Jakarta Stock Price went today to 0.84 percent, to 1 615.23 points, Straits Times in Singapore decreased by 2.32 percent to 1 843.41 points, in India Bombay Sensitive decreased by 0.74 per cent to 10 817.54 points.
Labels: Business News, Financial News
Obama wants to stop creditors of Chrysler
Obama said the U.S. president that the lenders of the automotive company Chrysler are unacceptable because they would lead to unjustified yield bonds. The biggest lenders to Chrysler offered to take shares in the restructured company car when a Fiat Spain combine for 35 percent of their investment in 7 mlrd USD Chrysler. Late last night rating agency Moodys (Investors Service on Moodys) lower debt rating of Chrysler LLC to C, the lowest level of debt rating before falling to a company in insolvency. Moodys also lowered its estimate for the recovery of the company in case of falling into insolvency by 20% from current 50%. Last Moodys lowered the debt rating to Chrysler are 03.12.08g. Chrysler car company has only a few days (until the end of the month) to reach agreement with trade unions and the American road with its creditors in order to unite with Fiat. Only in this case, Chrysler will get a new life of financial aid the U.S. government. Otherwise the company will need to enter the bankruptcy procedure.
Labels: Financial News, Politic News
Report of US financial losts for 2008
2008 was the last U.S. citizens brought losses of 11 trln. dollars, the data show the Ministry of Finance in the U.S. The amount represents about 18 percent of the overall situation of households in the country. First year of recession showed that total losses of U.S. families are most golemite of World War II. The housing crisis and the failure to be paid mortgage loans, along with declining stock market are the main reason for the reduction of the total equity of households. Reduction of the total equity of households happened primarily because of housing crisis and the collapse of prices of real estate, but also as a result of declining stock market. Despite these data, recently published in Forbes ranking shows that 45 percent of the richest people on Earth live exactly in the USA. They are owners of more than 40 percent by the billionaire, but measured 2.4 trln. dollars.
Labels: Business News, Financial News
Japan will give 5 billions USD for ecological projects
Japanese government will allocate 5 billion dollars to developing countries for various environmental projects delivered according to the Reuters Nikkei busines daily. Among the initiatives that will promote Tokyo are building Voltage electrical installations, water treatment plants and others. Leave will be administered by the Japan Bank for International Cooperation, which will be awarded in the next two years a number of private investors in the country.
The aim of the Japanese government is to assist developing economies in the construction of various projects, including improving public transport in major cities, thereby reducing carbon dioxide emissions. The Agency points out that many have turned to American and European financial institutions to implement such projects, but the treasury has rejected them after the start of the crisis.
Labels: Financial News
United Technologies will relieve 11 thousand emplyees
The largest producer of air conditioners and elevators in the world, United Technologies announced it will cut 11 thousand, or about 5 percent of staff as no longer expected economic recovery this year, transmit Reuters. What we expected to happen in the second half of 2009 now seems delayed further in time, said Lewis sacking, Executive Director, based in the U.S. state of Connecticut company. Agency recalls that in December 2008 the total number of employees in the corporation reached 220 000. Release of the workforce, among other measures, restructuring costs of United Technologies about 750 million dollars this year. They will be partially offset by two one-off revenues, respectively 200 million and 350 million dollars.
The company, which produces more helicopters and jet engines, announced lower expectations for earnings this year by 2 billion dollars to 55 billion dollars. News about reducing the cost of United Technologies was taken positively by the market, its shares rose by 5.7 percent to 39.70 dollars in early trading on the New York Stock Exchange.
Labels: Business News
Bernanke: USA economy still did not reached the bottom
Ben Bernanke sees little reason to believe that the trend of economic weakening has reached bottom. In its report to the Senate Budget Committee today, chairman of the Fed said that the package of fiscal incentives should increase demand and contribute to job creation. But at the same time warned that the huge budget deficit should be rapidly limited as soon as you restart economic growth.
According to him, as despite the monetary and fiscal measures, there is still "considerable pressure" on financial markets and the signals for reversing the negative trend is too small. Bernanke reported worsening situation in the labor market and a decline in business investment in recent weeks, however he thinks that already undertaken by the government and the challenges to be taken will lead to a return to strong economic growth
Labels: Financial News, Politic News
