A study conducted with funding from The Kauffman Foundation by researchers from Harvard and Duke University found the average ago of Internet entrepreneurs is 39 years old. This research shows there were twice as many entrepreneurs older than fifty than those who were younger than twenty-five. The data proves most Internet technology companies are not started by people in their 20’s in college dorm rooms. Click here to read the results of the study.
Google, Yahoo and Bing June 2010 market share was just announced by Comscore.com this week. According to them, “Google Sites led the U.S. core search market in June with 62.6 percent of the searches conducted, followed by Yahoo! Sites (up 0.6 percentage points to 18.9 percent), and Microsoft Sites (up 0.6 percentage points to 12.7 [...]
According to the LA Times, “Irvine-based Internet search engine Local.com Corp. said Thursday that it had acquired Octane360, a Los Angeles technology start-up that specializes in online marketing for small businesses and Web domain owners. Local.com said it paid $5 million in cash and stock for Octane360, with up to $5.9 million in additional cash [...]