Archive for the ‘economics’ Category

Google swallows software photo editing Picnik online

March 5, 2010 - 12:38 am Comments Off

One more step. Google never stops its forward and offered Picnik. This software photo editing online is particularly accessible from sites like Picasa, Facebook, Photobucket, but mostly from Flickr, owned by Yahoo, Google's biggest rival. It is therefore a step in the war between the two servers, since, after all, Google has just taken control of a particular tool proposed by his opponent.

Picnik is a software for photo editing, but a sort Photoshop online (and therefore less sophisticated), which allows among others to remove red-eye or resizing a photo. For users, Picnik provides on its website that this purchase will not cause any change: the toolkit will remain the same, and no Google account creation is required (even if it is advised).The company employs twenty people, believes that Google is "the best house she could find and welcomes the exposure should give this new situation fast cash without a hassle . For employees of Picnik, no change either, except that they now work from Google Local to Seattle.

Google appears clearly in a new phase of development. In early February, he had acquired Aardvark, a sort of super social search engine, then remail, emailing an application for mobile phones. If the leading Internet search engines did not elaborate on how the redemption of Picnik, it is very possible that seeks to develop Picnik to include new features. How to add his personal touch, good memories of his competitors.

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Brussels approves the austerity of Greece

February 3, 2010 - 3:24 pm Comments Off

Athens finally got the good report from Brussels. The European Commission ruled Wednesday that the savings plan acceptable Greek. "The Commission shares the ambitious deficit reduction that the Greek government has set, and the fiscal and structural reforms announced in the stability program," she said in a statement.

Greek Prime Minister George Papandreou, had presented new budget measures, including freezing the salaries of all officials at the last moment on Tuesday evening. The Commission appreciated the welcoming approach.

The approval of Brussels is not a blank check Payday Loan for Bad Credit .The Commission "calls on Greece to explain the tax measures announced and the timetable for their implementation in the coming weeks" and ", more detailed measures to be implemented in 2011 and 2012.

Athens will be placed under surveillance and will be an infringement procedure for lack of reliability of its statistics.

After the announcement of the Commission, the Greek bond yields back down to 6.516% against 6.742% on Wednesday morning around 8:30.

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Mobile: Free close to victory

December 17, 2009 - 4:55 am Comments Off

On Thursday the seven "wise men" of Arcep, met in college under the chairmanship of Jean-Ludovic Silicani in their premises near the Montparnasse Tower, will take a decision fraught with consequences. They should decide to award the fourth mobile telephone license in Free, having scrutinized the record of some 80 000 pages. Their decision will be officially known Friday morning. After a call for nominations, one has answered this Free.

If he gets the license, pay to the Free State, from January 2010, a check for 240 million euros for the price of the license, and will market its first subscription once it has deployed its network. It will not be before early 2012.

This decision is very important because it is the first major upset of the mobile market, which has hardly changed since the arrival of Bouygues Telecom in 1996.Meanwhile, 96% of French are equipped with the mobile has become an object indispensable for ordinary life.

For French, this increased competition should result in lower prices, better packages, technical innovations. A dynamic that all competitors should follow to avoid being left behind. The arrival of Free should benefit all consumers, whether or not customers Free.

That is the calculation of the Premier, enamored of technology and anxious purchasing power of French, who personally argued the case for months. In any case the promise of Xavier Niel, the main shareholder of Free and strategy director, who has promised to halve the average bill for a household of three people.A savings of about 1 000 euros per year.

Competitors on the defensive

The efforts of Orange, SFR and Bouygues Telecom to prevent the arrival of this new competitor will be defeated. Certainly, they have filed complaints with various authorities in Brussels and the Council of State, which are still ongoing. All three went to the obvious: Free arrives and nothing will stop it. At most, they hope to recognize that the Free State has benefited by granting the license for 240 million euros, when each had to pay 619 million euros. But the outcome of those complaints is uncertain.

Meanwhile, everyone is preparing their own way. SFR merged with Neuf Cegetel, and is judged and ready to confront the offensive. "The merger SFR Neuf is our best response to the arrival of Free" repeated Frank Esser, Chairman of SFR.

Orange, who was on the defensive for months, rates of speech with the arrival of new orders to number two, Stéphane Richard. "My priority is to prepare the best Orange on his arrival in loyalty to our customers and by increasing innovation," he said in an interview with Le Figaro.

As for Bouygues Telecom, has launched Ideo, first offer quadruplay market last June, and reaping new Internet subscribers. Meanwhile, it seeks to reduce its fixed costs in anticipation of a price war announced by Free. Olivier Roussat, its director general, said "a hiring freeze since announcing the launch of the call for applications.

"Subscription, price, services … the new operator in six issues

Greater borrowing choices Sarkozy

December 14, 2009 - 10:28 am Comments Off

Nicolas Sarkozy unveiled Monday morning during a press conference at the Elysee Palace, his final arbitration on the general borrowing. An announcement comes more than two weeks after submission of the report of the Committee-Rocard Juppe, in charge of determining "the strategic priorities for investment and domestic borrowing. The Head of State took its time in the interval, receiving unions and consecrating a shift on this subject last week in Alsace. An inordinate delay on the part of the Elysee. "To spend 35 billion euros, is not nothing, it takes a bit of reflection," said a government official.

On the merits, the amount and priorities recommended by the two former prime ministers have not caused major problems.The government feels "quite consistent" with the report's proposals: the head of state has already said he would follow "broadly."

Elysee Matignon and paid closer attention to prioritization. The Committee recommends investing 35 billion of public money which, coupled with private funds, could reach 60 billion of new investments. A portion of public money – 13 billion – will come from money borrowed last year by the government to support banks, which have paid much since. The Head of State should announce that in 2010 France will borrow twenty billion more, a level considered tolerable for the public finances by officials of Bercy. A priori, the loan should be exclusively reserved for markets.The idea of opening some individuals, which is mainly political advantage in strengthening adherence to the French investment in the future is rejected by most government advisers who find it too expensive. Nicolas Sarkozy is expected on this very subject this morning.

As for investment priorities, the cursor should be slightly adjusted.Perhaps a little more towards the industry, much less on research – which is carving out the lion's share of recommendations Juppe and Rocard, with a budget of 16 billion euros.

Beyond the substance, the advisers of the Elysee have mostly reworked the governance component of the report: who will handle money and how? "We do not want to create a gas plant," observes one government where one is not willing to sprinkle the funds raised through borrowing.

Matignon should have the task of managing the money

The report Juppe-Rocard proposed the establishment of three branches (a branch of renewable energies, a digital campus and Excellence). "Why create new structures? Both use what already exists, "says an adviser. This will Matignon – "the place par excellence Inter, says one – which should have the task of managing the money borrowed.The question of appointing a minister of the loan, the report rejected by Rocard-Juppe, has not been finally determined either. Rather than a minister, Nicolas Sarkozy could create a post of high commissioner, less political and more easily placed under the authority of the Prime Minister. The bill will be considered large loan January 20 the Council of Ministers.

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CMA CGM fate of the big storm

November 18, 2009 - 5:58 pm Comments Off

In full financial restructuring, CMA CGM seeks to reassure. The world number three container shipping has taken show figures to support that end the crisis was indeed visible.

Thus between June and October the prices of container traffic between Asia and northern Europe has increased from 416 to 1062 dollars. Similarly, the fall in volumes shipped, down 20% in the first half, was halted since early summer.

In this context the accounts should return to the balance from December. "We remain cautious, but positive signs are every day more," says Nicolas Sartini, head of Asia-Europe line CMA CGM.

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Wal-Mart always makes fun of the crisis

November 12, 2009 - 4:53 pm Comments Off

The results from Wal-Mart were already well wonder at the height of the financial crisis, they could only be better when the U.S. economy begins its recovery. The world leader in the distribution has announced Thursday that it earned in the third quarter sales up 1.1% to 98.67 billion dollars. Sales to U.S. store constant and excluding fuel have instead declined by 0.4%, where analysts had expected an increase of 0.4%.

Net income meanwhile rose by 3.2% over one year to 3.239 billion dollars. Reported to share, earnings reached $ 0.84, three cents higher than a forecast analysts. The group had said it expected earnings per share from continuing operations of between 0.78 and $ 0.82 for the third quarter.

In contrast, the group is cautious in the fourth quarter disappointed observers. Wal-Mart says and expects to post earnings per share from continuing operations of between 1.08 and $ 1.12, while analysts on average expect a figure of $ 1.12. In exchange for pre-market action shrank by 0.6% to 52.45 dollars to 13h20.

The CAC 40 strong as the U.S. employment

November 6, 2009 - 7:41 pm Comments Off

Showered by the publication of unemployment to 10.2% in the United States in October, the European and American markets had immediately swung into the red. But the image of what happens on Wall Street, the CAC 40 has quickly found the way up, offering a second reading, less negative than before, the employment figures. The index of the feature takes place in Paris 0.26% to 3718 points to 16.15.

Thursday, stock markets worldwide have been well oriented due to figures released by the U.S. Department of Labor Productivity in the country.

In addition to the monthly report on employment in the U.S., markets also watch the publication of wholesale inventories in September.

Values follow

Lafarge is attacked (-4.5%). The French group has released financial results Friday down sharply in the third quarter.Net income is recorded down 38% year on year to 404 million euros while sales fell 20% to 4.25 billion euros. These results were slightly below analyst expectations.

L'Oreal is sanctioned (-1.46%) after the publication of a revenue deemed disappointing. For its part CapGemini is still undergoing clearances (-2.49%). Several brokers have changed their views following the quarterly judged below investor expectations.

Conversely, Hermes International stands (2.30%). The luxury group has for its part issued Friday sales up 5% at constant rates in the third quarter, to 452.1 million euros. The group said its goal of stable sales in 2009 could be exceeded if the trend continues this year.

Values M6 (6.41%) at the highest for two years and TF1 (4.23%) were also searched.The audiovisual group M6 has exceeded expectations by recording a marked improvement in advertising revenue chain and strong growth of its business diversification. In particular, M6 was confirmed as the month of September showed the first signs of an improving advertising market with stronger demand from advertisers in some sectors the consumer in particular.

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Enjoy your balances fall?

November 6, 2009 - 7:40 pm Comments Off

After a first trial concluded in the spring, the "floating balance" have reappeared in stores in recent days.

"Find the point on the organization of these balances fall

Get advantage of this new period balances? Have you done good business, or noticed a difference with the traditional summer sales and winter?

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