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With 'Home,' Facebook Barges in on Google's Turf

By The Associated Press

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Marcio Jose Sanchez/AP HTC CEO Peter Chou, Facebook CEO Mark Zuckerberg and AT&T Mobility CEO Ralph De La Vega embrace as they show joint products at Facebook headquarters in Menlo Park, Calif., on Thursday.

By PETER SVENSSON

NEW YORK — Facebook Home, the new application that takes over the front screen of a smartphone, is a bit of a corporate home invasion. Facebook is essentially moving into Google’s turf, taking advantage of software the search giant and competitor created.

Facebook Home will operate on phones running Google Inc.’s (GOOG) Android software and present Facebook status updates, messages and other content on the home screen, rather than making the user fire up Facebook’s app. The software will be available for users to download on April 12 and will come preloaded on a new phone from HTC Corp., sold by AT&T Inc. in the U.S.

Google gives away Android, the most popular smartphone software in the world, in the hope that it will steer phone users toward Google services, such as Maps and Gmail, and the ads it sells. Compared to ads targeting PC surfers, mobile ads are a small market, but it’s growing quickly. Research firm eMarketer expects U.S. mobile ad spending to grow 77 percent this year to $7.29 billion.

With Home, Facebook is inserting itself between users and Google, diverting them to the social network’s own ads and services. It’s taking advantage of the fact that Google places few restrictions on how phone manufacturers and software developers modify Android. By contrast, Facebook Home would not work on the iPhone without approval from Apple Inc., and close collaboration with the company.

Facebook Home can only reside on Android because only Google was daft enough to allow it,” said independent phone analyst Horace Dediu, via Twitter.

At the launch event Thursday, Facebook Inc. (FB) CEO Mark Zuckerberg said Google was aware of the project, but Facebook didn’t work them to create Home. Asked if he believed Google could change tactics and restrict apps like Home, he said it was theoretically possible, but highly unlikely for Google to do a “180-degree change” in its stance on Android’s openness.

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It’s not the first time a big Internet company has co-opted Android: Amazon.com Inc. (AMZN) has gone much farther with its Kindle Fire tablets. They run a version of Android that strips out all Google services, replacing them with Amazon’s equivalents. Barnes & Noble Inc. does the same thing with its Nook tablets. These devices lie outside the Google system, whereas phones running Facebook Home still come with Google apps like Maps and the Play Store for music, movies and applications.

The Play Store has many examples of downloadable applications that modify the Android home screen — so-called “launchers.” Home, however, represents the first time a major …read more

Source: FULL ARTICLE at DailyFinance

Publishers oppose Amazon’s bid to gain Web names: WSJ

By The Huffington Post News Editors

NEW YORK (Reuters) – Two publishing industry groups, the Authors Guild and the Association of American Publishers, are opposing Amazon.com Inc’s request to own new domain names, The Wall Street Journal reported.
The organizations argue that allowing Amazon to have such domain addresses that end in suffixes such as “.book,” “.author” and “.read” would be a threat to competition, the paper said.
Barnes & Noble Inc has also opposed Amazon’s request, the paper said.
An Amazon spokesman declined to comment on the objections, the paper said.
Last year the Internet Corporation for Assigned Names and Numbers began a process to allow organizations to register for new Web address suffixes, other than “.com” and “.edu.”
The ambitious plan to liberalize Internet addresses attracted 1,930 applications, almost half of them from north America, with Amazon and Google Inc applying for dozens of domains including .cloud, .buy and .book.
(Reporting By Jessica Toonkel; Editing by Stephen Coates)

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Source: FULL ARTICLE at Huffington Post

Are E-commerce Sales Really So Good?

By 24/7 Wall St.

Online Shopping

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Research firm comScore reported about 2012 that:

For the full year, U.S. retail e-commerce sales reached $186.2 billion, an increase of 15 percent — the strongest annual growth rate since before the recession. Q4 2012 sales grew 14 percent year-over-year to $56.8 billion, marking the first ever $50 billion quarter. It also represents the thirteenth consecutive quarter of positive year-over-year growth and ninth consecutive quarter of double-digit growth.

As an aside, it is worth noting that Amazon.com Inc.’s (NASDAQ: AMZN) sales for the past full year were $51.7 billion, up 23%, which colors the national numbers in a way that makes e-commerce sales outside Amazon less positive.

Even without the Amazon-effect, e-commerce has been less successful than many people suppose. Sales per quarter in 2007 averaged $30 billion and grew at a rate of more than 20%. The average sales by quarter in 2012 were about $48 billion on average. The positive change is only 60% over the five years, which is hardly a torrid pace.

E-commerce is supposed to be the salvation of the retail industry, although the salvation has been uneven. Experts says that companies such as Best Buy Co. Inc. (NYSE: BBY) and Barnes & Noble Inc. (NYSE: BKS) have been ruined. Online sales have augmented the advance of other retailers, including Wal-Mart Stores Inc. (NYSE: WMT) and Apple Inc. (NASDAQ: AAPL).

E-c0mmerce sales improvement actually may slow considerably in the years ahead. Among the reasons are that bricks-and-mortar retailers have learned the tricks of price matching and free overnight delivery. These retailers always will retain the benefit that some people want to see and feel what they buy before they buy it.

The other enemy of e-commerce is that its success has been so uneven. For every Amazon there is a Best Buy, or worse, a J.C. Penney Co. Inc. (NYSE: JCP) where online sales are actually shrinking. The future of e-commerce can be seen in both its victories and its mediocre, or failed, results.

E-commerce may have been the “next big thing” for a while. It future will be much more mixed.

Filed under: 24/7 Wall St. Wire, Internet, Retail Tagged: AAPL, AMZN, BBY, BKS, JCP, WMT

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Source: FULL ARTICLE at DailyFinance