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The Industry Standard has published it’s latest research on the group of people we knew as nerds or geeks in school and it transpires that they are now much travelled, high spending, well rounded individuals whose lives are, by no means, ruled by their PCs. The report ‘How Geeks Pass Their Time’ identified 27 million… Continue reading Rich ‘Geeks’ Spend Big On More Than Just Hi-Tech Gadgets

PricewaterhouseCoopers has forecast huge net growth in India over the next five years according to a report by The Economic Times Online. Net users in India are expected to number 25 million by 2005, a huge increase from the 3 million online in 2000. India’s huge population is the reason why analysts see it as… Continue reading PWC Forecast Net Boom In India

The second annual Global Interactive eCommerce Report from Taylor Nelson Sofres, published this week, brings good news to e-tailers everywhere. Growth in online sales amongst global internet users has increased by 50% in the past year according to the survey which involved 42,742 people across 36 countries. In the UK, the proportion of net users… Continue reading 50% Increase In Online Shoppers This Year, Says Taylor Nelson Sofres

Economic recovery in the US telecommunications sector is now in sight, according to 249 global telecoms executives and consultants surveyed by the Strategis Group. An overwhelming 96% of respondents believe that the US economy will begin its recovery within the next 12 months. This recovery is expected to translate into business, as 84% believe that… Continue reading Telecoms Counter The Doomsayers With Positive Outlook For US Economy

ABN Amro reports today that the latest UK data shows a drop in advertising spend for May of 10.1% year on year, mainly due to falls in TV, Radio and Newspaper advertising. The most worrying aspect of the May decline is that in in terms of year on year comparisons, May ought to have been… Continue reading Analysts Forecast Deepening Woes For Adspend As May Figures Are Released

Virgin Radio has confirmed that Chris Evans’ contract with the station has been terminated (see SMG To Part With Absentee Evans?). A spokesman for the station said that due to the events of the past week they had no choice but to take this action, as the breakfast presenter had breached his contract. The spokesman… Continue reading Virgin Radio Sacks Evans

According to Gartner2, the new business growth research service of Gartner Inc., the Netherlands and Scandinavia measure the highest in flexible business attitudes, and ability to change processes quickly and maximise growth. The UK and Germany are ranked in the second tier of such abilities and France, Italy and Spain are ranked in tier three… Continue reading Netherlands And Scandinavia Poised To Be Profit Leaders In Europe, Says Gartner

IDC is to launch a new research programme to look specifically at developing 3G wireless technology, focusing on the future outlook for the network. IDC describe the 3G network as “a complex platform that is revolutionizing the way voice, data, and broadband multimedia services are supported over a variety of mobile and fixed networks” and… Continue reading IDC Reveals Plans To Monitor 3G Development

There is increased pressure from Granada investors to close down its loss-making digital terrestrial television service, ONdigital, following a leaked letter from chairman Charles Allen to the prime minister, according to this morning’s Financial Times. ONdigital is 50:50 owned by Granada and Carlton Communications. A spat between the two ITV giants has developed after Granada… Continue reading Granada Faces Investor Pressure Over ONdigital, Reports FT

The planned merger between Sky Global and GM Hughes (see Murdoch Slims Sky Global To Seal DirecTV Deal) could see Rupert Murdoch’s News Corp become ‘the only truly global, vertically integrated media group’, according to analysts at ABN Amro. The broker says that this development is as significant for News Corp as its expansion from… Continue reading Sky Global/GM Hughes Merger Would Create Global Integrated Media Group, Says ABN Amro