Word: marketic
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...rolled out in the fall, is designed to run on netbooks, the small, inexpensive laptops that have surged in popularity. By tying the Chrome OS to popular applications like Gmail, Google Chat and Picassa, Google hopes to give Microsoft a run for its money in the operating-system market, just as Microsoft hopes Bing will do in the search business...
...which makes Bing an important rearguard action for Microsoft, a way to make Google sweat about the search space while Microsoft defends its operating-system market. Microsoft plans to spend 5% to 10% of its operating income on search over the next five years, a war chest that works out to about $10 billion per year...
...even some of its weaknesses. The German firm has a strong position in Latin America, where it is the leading car maker, and in China, where it is ahead of the pack despite intense pressure from GM. Interestingly, the German car maker's weak position in the U.S. market, the world's largest, has turned out to be a blessing in disguise during this crisis. Toyota has been hit hard by falling sales in the U.S. and is closing a manufacturing plant in California, the first closure ever for the world's largest car maker. VW, meantime, is using...
...Even so, it won't be easy for Winterkorn to deliver on his promise to make VW the world's biggest automaker by 2018. Winterkorn must defend VW's lead in China, which will soon become the largest car market in the world. According to IHS Global Insight, VW is now the largest manufacturer in China, with first half sales up 22.7% to 652,200 cars. But GM is rising fast in China, even as it struggles in the U.S., Europe and Latin America. (Read: "The Other...
...million after leaving Goldman Sachs in January 1999, he spent more than $60 million of his own money in his successful race for the U.S. Senate and an estimated $38 million in his first gubernatorial election, and he is expected to do the same again now (though the market crash hasn't been kind to him; last year he reported a loss of nearly $3 million, and he's also been through an expensive divorce rumored to have cost him tens of millions). Christie, by contrast, has elected to stay in the public-financing system, limiting the amount...