One of India's top film producers is interested in Metro-Goldwyn-Mayer, James Bond's Hollywood studio. That may sound novel, but a purchase of MGM by Sahara India Pariwar would probably provoke only relief in Tinseltown -- because it wouldn't upset the industry's status quo. That would require a more radical approach -- something Google's YouTube unit just might be capable of, if it dares.
The Great Debate UK
Apple has just lent a hand to Google in the search giant's increasingly tense relationship with regulators. The U.S. Federal Trade Commission worries Google's proposed purchase of AdMob may extend its dominance of internet search advertising into the burgeoning mobile Internet space. Apple's latest iPhone operating system will give the government less to worry about.
The FTC's concern is understandable. Google could well use the profits for a near-monopoly in its original business to muscle into the promising mobile advertising market. That business is currently small -- total spending of around $400 million in 2009 was less than 2 percent of Google's revenues. But research outfit IDC estimates $1.9 billion of revenues by 2012.
Skype looks like Silicon Valley's best hope for a blockbuster initial stock offering in 2010. With Facebook determined to stay private until next year, the former eBay orphan could steal the scene with a quick flip. Moreover, as a result of clarifying copyright issues and rewriting its code to attack the business market, the company may be worth twice its $2.75 billion price tag when eBay sold all but 30 percent of its stake last year.
Google’s cyber-complaint is the tip of an iceberg. Coordinated attacks on IT systems are common, yet companies and governments have kept largely silent. The growth of computer services that rely heavily on the Internet means the stakes are growing higher. That may explain why Google spoke up about recent attempts to steal its intellectual property -- and why the U.S. State Department has also taken China to task.
Five years ago the thought that we could be on the move accessing applications such as You Tube or Facebook, or watching TV or listening to music using our mobile phones was no more than a dream – today it’s a reality.