Wednesday, February 04, 2009

Google Unveils Tracking Software - February 4, 2009

Is there anyone out there that you need to monitor? If so, then Google Inc. (GOOG) has the software for you. Just released today, the company announced that have a product that will allow a user to effectively track anyone using a cell phone by using their mobile map software.

Expanding on a product released in 2007, Google is now offering the newest feature, “Latitude” to customers that need to know the whereabouts of family, friends or others that are important to them. The software will allow users to keep an eye on them by the use of their cell phone or other wireless devices.

Within the product, the software plots a user’s location on Google Maps by the use of cell phone towers, GPS and Wi-Fi connections to determine where the tracked individual is. The new application can be used throughout the U.S., along with 26 other countries.

"What Google Latitude does is allow you to share that location with friends and family members, and likewise be able to see friends and family members' locations," announced Steve Lee, product manager for Google Latitude.

The software will initially work on all BlackBerry units, made by Research In Motion Ltd. (RIMM), and other devices that run Symbian software. Latitude will also run on Microsoft’s Windows Mobile, along with certain cell phones from T-Mobile that currently run Google’s Android software.

What about those people that would love to use the tracking program but don’t own a cell phone? Plans are in the works for Google that the company is working on a version that can be installed on a personal computer that will give you the same tracking possibilities that the mobile phone does.

Steve Lee went on to add, "What we found in testing is that the most common scenario is a symmetrical arrangement, where both people are sharing with each other."

One of the biggest concerns related to the release of this kind of monitoring product is privacy. In recent months, Google has come under the gun on how they run their privacy acts. In a statement from the company itself, Google proclaims that the company will only keep the records of a person’s locale as it relates to the most recent shared location. If a user has opted to turn off their tracking service, then Google will not provide any information regarding that person’s last location.

"Google aggressively protects user privacy, and user trust is central to Google's values and essential to the success of our products," a Google representative said.

As everyone knows, the main reason behind Google’s new product launch is, of course, to generate revenues. With Latitude, the company has hopes that this product will lead the company’s mapping technology to an influx of location-based ad revenues.

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Tuesday, February 03, 2009

How Did the Super Bowl Fare In a Sagging Economy? - February 3, 2009

Did you team come out on top in the Super Bowl? If it wasn’t your favorite team that was playing, chances are some people did without the most anticipated football game of the year. preliminary readings from the nation’s top research firm for television, Nielson Media Research, stated that this year’s game was more than likely down from last year’s peak viewers, but was on pace to equal the previous two games.

Early Monday morning, Nielson posted that the Pittsburgh-Arizona game received a 42.1 rating and a 65 share according to the research group. That amounts to just under the previous year’s game between the N.Y. Giants and the New England Patriots received a 44.7 rating, being the most watch game in Super Bowl history.

Within the rating system itself, each rating point represents approximately 1.145 million households. The shares means that 65% of all monitored television sets that were turned on during the same time slot of the football game was tuned to the game. Although no official number has been released, Nielson estimates that some 90 million Americans watched this year’s Super Bowl game.

However, with the economy the way it is, how much money were companies willing to invest in commercials during the game? NBC, which is owned by General Electric Co. (GE), stated that total revenues generated from commercials equated to more than $261M, a new record for the sporting event.

For those companies related to the glitz and glamour of the Super Bowl, this year was less memorable than previous years. Playboy Enterprises Inc. (PLA), which usually throws a game-day bash, didn’t have their annual party due to the economic downturn. Sports Illustrated, which has seen advertising revenues drop more than 6% from last year, didn’t put on their annual bash as well.

"Based on the number of this year's Super Bowl-related events which have either been canceled or where cutbacks have been announced, it is clear that businesses have found it difficult to ignore their more immediate operating uncertainties and investor demands - even at the expense of one of America's most popular events," a PricewaterhouseCoopers analyst, Robert Canton commented.

Others throwing their Super Bowl parties saw dramatic declines in attendees invited as the economy pressured them to reduce the overall expense for the parties thrown. Maxim magazine reduced their size to only 1,000 guests, down more than half of last year’s party, due mainly to the publication’s decline in ad revenues falling more than 5% in 2008.

Additionally, Coors Light, which is owned by Molson Coors Brewing Co. (TAP), reduced their party size this year as well, even after being the official beer for the Super Bowl back in 2002. Although the company posted solid earnings in the 3Q of 2008, the company opted to reduce their party size and make those that were invited feel more important with the intimate setting.

Furthermore, there were other areas of business that the weakened economy had an impact on that was related to the Super Bowl. Federal Aviation Administration (FAA) official confirmed that there were smaller amounts of corporate jets flying into Tampa this year, than in previous Super Bowl weekends, as companies just couldn’t fund the expensive trips amid a lagging economy.

With fewer corporate parties landing, the number of corporate travel cars were reduced this year as well. The main providers of those vehicles came from General Motors Corp. (GM), which contributed such models as Cadillac and Chevrolet. With all that has happened over the past year within the auto industry, GM was looking forward to some positive exposure, didn’t even purchase one ad spot during this year’s game.

Although the much anticipated game was great for the sports fan, companies competing to get those all important dollar from the fans, seemed to be lagging this year. Companies that did spend the capital to reach out to those fans, figured that the nearly 100 million viewers were well worth the company’s expenditures.

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