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...quarter of its China traffic, Baidu will reap a 6% gain in revenue; the gain would be 12% if the number of eyeballs logging onto Google shrinks 50%. For the last full year completed, 2008, Baidu generated $468.8 million in revenue and earned $153.6 million. Though they haven't yet reported full-year 2009 results, Baidu's stock soared from just shy of $390 per share immediately prior to Google's dramatic announcement to more than $465 per share, before retreating slightly on Jan. 19. Google at the same time fell from $595 per share just before the announcement...
Avatar, in other words, has none of the selling points that are supposed to guarantee hit status for a big-budget movie. Yet James Cameron's enviro-epic, with no famous name attached to it but its writer-director's, is not just a blockbuster; it's king of the world. Since premiering on Dec. 18, it has proceeded to shatter most existing box-office records at home and abroad. It has been No. 1 every week, swatting away ambitious newcomers like so many mosquitoes. And like the best ambassador for Hollywood, it has earned most of its revenue - nearly...
Recall that Titanic was a colossal gamble back in '97. With a $200 million budget, it was, some said, the most expensive picture ever made. (In real dollars, that dubious honor would probably go to the Elizabeth Taylor Cleopatra in 1963.) Leonardo DiCaprio and Kate Winslet were not yet established stars. The historical event lacked suspense: whatever else happened, that 1912 ocean liner would sink; there would be no Titanic II. Moreover, the scenario Cameron did invent was a love story, and that would scare off the guys. (See more about Avatar on Techland.com...
...Obama's job is certainly lonely, as no doubt all Presidents have found [Jan. 25]. And yet the scale of destructive attacks on this man--from right, left and now center--is without precedent. By any standard, this man has achieved a remarkable record of legislation and world leadership in his first year in office. But how can he hope to continue unless we give him at least our grudging support...
...plan probably won't make much difference to the Times's coffers or its readers at first. If you subscribe to the print paper, you won't have to pay to read online. If you don't subscribe but read fewer than a yet-to-be-set number of articles, you won't pay. If you come to an article from a link on Google...