Financial crisis hits tech companies - TechFlash: Seattle's Technology News SourceFirst Faved : Oct 24 2008 by mohitFaved : 1 time with noteViewed : 0 timesFave It!
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- mohit - Oct 24 2008 | technology, startups, microsoft, google, economy, advertising
Was just talking about this over dinner.
Quoted: So far, he said, the impact has been most noticeable in the market for premium online display advertisements. Companies often place these ads to promote their brands on specialized sections of large internet portals. In a downturn, Lindsay said, companies tend to shift their budgets toward areas that can provide a more immediate and obvious return, such as internet search ads. That could benefit Google Inc., which beat Wall Street expectations with its quarterly earnings last week.
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