Digital
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Digital
European Holiday Online Spending to Reach $71 Billion: Survey
Internet users in Europe will spend a projected 51 billion euros ($71 billion in U.S. currency) online during this holiday season this year, according to Forrester Research Inc.
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Digital
WPP Acquires Blast Radius
WPP has acquired Blast Radius, an interactive agency based in Vancouver. Terms of the acquisition were not disclosed.
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Digital
Microsoft Buys Into Facebook
Microsoft will take a $240 million (1.6%) equity stake in Facebook, the online social network, and will expand its existing advertising partnership with the company.
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Digital
Redcats Taps Mercent to Boost Online Sales
Redcats USA has selected Mercent software to help expand its online sales.
The budget was not disclosed.
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Digital
Firm Solves the Mismatched Sock Problem
Monthlysocks.com (www.monthlysocks.com), markets men
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Digital
From Shows to SEO: Teacher Starts Jewelry Business
Karalee Designs (www.karaleedesigns.com) markets belt buckles, necklaces, rings, pet collars and other products
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Digital
Amazon’s Net Income Rises In Third Quarter
Amazon.com reported $80 million in net income during its third quarter, up from $19 million a year ago. The online retailer’s net sales rose from $2.31 billion to $3.26 billion during the same period. The quarter ended Sept. 30.
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Digital
Online Search Boosts CPGs Fortunes: Study
Consumers who use online search to look up packaged goods are more engaged with the products they find, and ultimately spend more, according to a new study.
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Digital
Yahoo CMO Leaves for As-Yet Unnamed Consumer Brand
(Promo) Yahoo chief marketing officer Cammie Dunaway has become the latest C-level executive to leave the Web portal/search engine since co-founder Jerry Yang stepped in to replace former CEO Terry Semel last June.
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Digital
Travelzoo Names Max Rayner CIO
Travelzoo, an online travel deals firm, has named Max Rayner chief information officer, effective Nov. 5.