I love MyYahoo, where I have 72 different portfolios consisting mainly of stocks that I do not own in categories that I have defined. So for example, I have a Music & Audio portfolio where I track Audible.com and several other companies. Yahoo makes it very easy for me to track stock prices and news about each company. Today I created a new portfolio that is a hand-picked subset of stocks listed by Yahoo Finance in the Internet Information Services industry. I chose Ediets.com, ECollege.com, Audible, TheStreet.com, iVillage, LookSmart, BankRate, Edgar Online, The Knot, and ADAM.
Scott Frazier, an extremely active Utah angel investor and entrepreneur, will speak Thursday, Feb. 9th at the UVEF monthly luncheon. Come hear him tell the story about how he invested in and then sold Truvision. This is a great success story. All entrepreneurs ought to be thinking about how and when to exit their company. As E-Myth author Michael Gerber says, every company will eventually be run by someone else, since when you die, you can't take it with you. So start thinking about your harvest or exit or transition now.
Global digital music sales triple to US$1.1 billion in 2005 as new market takes shape I saw articles previously that suggested ring tones alone were a multibillion dollar industry. NPR and Tim Bajarin both reported that. But this new study, a free 24-page PDF download, suggests a far lower number for global music and ringtone sales.
No company likes anyone to break news for them. Companies like to control their own news and get their own press coverage. The blogosphere is upsetting to corporate executives everywhere. Many bloggers have lost their jobs over what they have written. It's an interesting time. Against that backdrop, I felt compelled the other day to mention that MyFamily had layoffs and no media (and only 1 blogger) had reported it.
Rivals circle as BlackBerry firm faces patent woes - Business - International Herald Tribune An excerpt:
RIM controls 60 percent of the mobile e-mail market, estimated at about 10 million users by Strategy Analytics, a research firm based in Boston. Its closest competitor is Intellisync, owned by Nokia, which has about 9 percent of the market.
You'd think that in today's connected world that when one of the large employers in the state of Utah has a significant reduction in force that it would get reported in the papers or on someone's blog. Last Thursday MyFamily.com apparently had a large reduction in force, but I haven't seen any mention in the Deseret News, Salt Lake Tribune or Daily Herald. Here are the recent Daily Herald articles on MyFamily.com.
Stock Market News and Investment Information | Reuters.com Digital Music Group starts trading today on the Nasdaq under the symbol DGMI. I'll add this to my My Yahoo portfolio so I can track this company.