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New US lobby calls for 'free, innovative' Internet
by Staff Writers
Washington (AFP) Sept 19, 2012


A new Washington lobby group -- comprised of the biggest firms in the online space -- formally launched Wednesday, saying it would fight for a "free and innovative" Internet.

The Internet Association, calling itself the first trade association representing the interests of the Internet economy, released its list of 14 member companies that make up "the backbone of the Internet economy."

"A free and innovative Internet is vital to our nation's economic growth," said Michael Beckerman, president and chief executive of the group.

"These companies are all fierce competitors in the marketplace, but they recognize the Internet needs a unified voice in Washington. They understand the future of the Internet is at stake and that we must work together to protect it."

The member companies include Amazon, AOL, eBay, Expedia, Facebook, Google, IAC, LinkedIn, Monster Worldwide, Rackspace, salesforce.com, TripAdvisor, Yahoo! and Zynga.

The association said its policy platform is based on three planks: protecting Internet freedom; fostering innovation and economic growth; and empowering users.

"The Internet is the fastest growing sector of the US economy with an unparalleled record of job creation and innovation across all sectors," Beckerman said.

"It is the Internet's decentralized and open model that has unleashed unprecedented entrepreneurialism, creativity and innovation. Policymakers must understand that the preservation of that freedom is essential to the vitality of the Internet, itself, and the resulting economic prosperity."

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Google becomes online advertising king: study
Washington (AFP) Sept 19, 2012 - Google has become the US market leader in online display ads, and now leads all categories for Internet advertising including search and mobile, a market research firm said Wednesday.

The firm eMarketer said Google will top the market for online display advertising with $2.31 billion in revenues -- 15.4 percent of the market -- in 2012.

Google will thus overtake Facebook in display, after the social network dethroned longtime leader Yahoo! last year, eMarketer said.

The milestone means Google now holds more share than any other company in each of the US search, display and mobile advertising markets.

Google will see a 38 percent jump in online display ad revenue this year, the report said.

Facebook, the consultancy said, will earn $2.16 billion in US display ad revenues this year, up 24.4 percent from billion last year. Facebook's share will be 14.4 percent.

Yahoo! will see nearly flat revenues for display ads, which will mean its market share will fall to 9.3 percent this year from 11 percent last year and 14 percent in 2010.

The eMarketer estimate said the overall US display ad market will grow 21.5 percent to $14.98 billion from $12.33 billion in 2011, aided by mobile growth; and increased spending growth on digital video advertising, especially on Google-owned YouTube.



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European online radio platform Radionomy hits US
San Francisco (AFP) Sept 18, 2012
Radionomy.com on Tuesday launched its online radio platform in the US, putting its spin on a market dominated by the likes of Pandora and Spotify. Unlike online radio services that let listeners create playlists based on tastes in music, Radionomy invites people to become deejays or talk-show hosts of their own programs streamed online for anyone to hear. "You just need an Internet conne ... read more


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