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Trillion-dollar kids; Parents Have Ceded Control

Marketing to children is no longer about hawking toys, sweets and cereal in between the cartoons. Children are now influencing purchasing decisions for grown-up items such as cars and holidays, and firms are responding accordingly (Economist article). 

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VC Funding for OnMeta, TravelGuru, iSkoot, NextHop, Syndero and more...

Next Big Thing: VC Deal Flow

BitTorrent (Online file-sharing company): $20 million
Travelguru (Indian online travel portal): $15 million
Horizon Wimba (online education software): $10 million
Syndero (online marketing company): $7 million
iSkoot (mobile internet solutions): $6.2 million
OpenSpan (application integration software): $8 million
OnMeta (entertainment search engine): $2 million
First Coverage (institutional investment sw): $5 million
NextHop Technologies (Networking software ): $4.8 million

Virtual Space is the Place: Daily Over 5 million Take Virtual Tours Online

As of August 2006, some 72 million Americans (i.e. 51% of adult internet users have taken virtual tours of another location online, up from 45% in 2004, according to Pew Internet & American Life Project.  On a typical day, more than 5 million people are taking virtual tours in cyberspace, up from roughly 2 in 2004.

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Podcasts Proliferate: 12% of Internet Users Download Podcasts

Some 12% of internet users, or roughly 17 million adults, say they have downloaded a podcast so they can listen to it or view it at a later time, according to a recent survey by the Pew Internet & American Life Project. 

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U.S. Economic Calendar & Key Economic Indicators - Week of Nov.27

US Economic Indicators

Tue 11/28 Durable Orders (Oct): down 8.3%
Tue 11/28 Consumer Conf. (Nov): down 2.2
Tue 11/28 Existing Home Sales (Oct): up 0.5%
Wed 11/29 GDP (Q3 Prel.): Revised Up to 2.2%
Wed 11/29 Chained Inflation (Q3): 2.1%
Wed 11/29 New Home Sales (Oct): Fell 3.2%
Thu 11/30 Jobless Claims (wk. 11/25): up 34,000
Thu 11/30 Personal Income (Oct): up 0.4%
Thu 11/30 Personal Spending (Oct): up 0.2%
Thu 11/30 Chicago PMI (Nov): Fell to 49.9%
Thu 11/30 Help-Wanted Index (Oct): up 1 point
Fri 12/1 ISM Index (Nov): fell to 49.5%
Fri 12/1 Construction Spending (Oct): fell 1%

Holiday Season: Laptop Sales Jump 52%, but Desktops Fell

Most electronics are hot during the holiday season, but the outlook for computer makers looks a little less joyful, partky due to delays in Microsoft Windows Vista delay. The holiday PC sales tracked by Current Analysis shows laptop sales climbed nearly 52% from the year-ago period, while desktops fell 7%.

Overall, the number of PCs sold rose 23% during this holiday period so far, compared to 36% unit growth during the same period last year. 

U.S. CEO Departures Hit Record in 2006; Options Backdating Claims 54

A record total of 1,347 chief executives at U.S. companies, including 113 in November, departed in the first 11 months of this year, compared with the previous record level 1,322 CEO departures in all of 2005, according to outplacement firm Challenger, Gray & Christmas. 

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IDC: 783 petabytes of Disk Storage Shipped in 3Q, a 50% Jump YoY

Worldwide external disk storage systems revenues in the third quarter of 2006 grew 9.9% from a year ago to $4.3 billion, according to IDC.  For the quarter, the total disk storage systems market grew to $6.2 billion, up 7.9% from the prior year's quarter. For the first time, total disk storage systems capacity shipped was 783 petabytes, an increase of 50.2% from a year ago quarter.

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IDC Projections on Microsoft Windows Vista Penetration at Home and Enterprise

In calendar year 2007, deployments of Windows Vista are projected to hit 90 million units, according to IDC. Through 2010, IDC forecasts Windows client operating environments to experience a 2005-2010 CAGR of 8.2%. 

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U.S. Construction Spending Falls Sharpest Since Sep. 2001

Overall construction spending in U.S. fell 1% in October to $1.178 billion, the sharpest fall in more than five years (since September 2001), according to latest data from the Commerce Department. 

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U.S. Manufacturing Activity Declined to Lowest Level in 42 months

Economic activity in the manufacturing sector failed to grow in November for the first time following 41 consecutive months of growth, while the overall economy grew for the 61st consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

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China Mobile Users Exceed Japan and U.S. Population Combined; 4 billion Global Mobile Users by 2010

Nokia expects the number of handset users in China to rise 11% to more than 500 million in 2007 and will add another 160 million users from next year until 2010, taking the total to 660 million. China has 449 million cell phone users as of October, more than the populations of Japan and the U.S. combined.

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Google Search: $1 trillion Copyright

WSJ ran an editorial highlighting the copyright issues with Google Search, the bread and butter of the American tech icon of the early 21st century. The report questions if Google's practice of downloading and reproducing books, articles, photographs and other creative materials without approval of the copyright owners is legal. 

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World-Class IT Organizations Spend 7%; Generate Strong ROI in Other SG&A Areas

World-class information technology (IT) organizations spend 7% more than typical companies, according to 2006 Enterprise Book of Numbers™ research from The Hackett Group. Hackett's research found that world-class IT organizations now spend $9,024 per end user while typical companies spend 7% less, or $8,485. World-class IT organizations are also investing 17% more on technology-enabled solutions than typical companies.

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