In the United Kingdom texting is now more popular than making phone calls

People in the UK are now more likely to text than to make a phone call, according to new research from Ofcom.

While 58% of people communicated via texts on a daily basis in 2011, only 47% made a daily mobile call, said the country’s communications industry regulator.

It said the shift away from traditional ways of keeping in touch was being led by young people aged 16-24.

The average UK consumer now sends 50 texts per week while fewer calls are being made on both fixed and mobile phones.

For the first time, there was a fall in the volume of mobile calls – by just over 1% – in 2011, while landline calls were down by 10%.

 

Source: BBC – Texting overtakes talking in UK, says Ofcom study

 

 

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Did Yahoo! hire Marissa Mayer to bring back Yahoo Search?

This is an interesting take on the hire of Marissa Mayer, considering that all the past CEO’s have gone as far away from search as they can.

As you may have heard, Marissa Mayer is now CEO of Yahoo, ready to turn it into a leaner, fitter, more successful firm. It’s a great move for Yahoo, and it could mean great things for you, the consumer. But the entity that may benefit the most? Google.

Yahoo’s search effort is sinking. Back in December 2011 its U.S. market share in search slipped behind Bing’s, and the trend continued at least until June. If its July and August figures show a continued slip in market share, that will make it 12 months of non-stop dropping into oblivion. Bing, meanwhile, is picking up some of this slack, as is Google itself. For Bing, however, this is more a case of it maintaining its slim market share–hovering around 15%, which doesn’t represent a huge threat to Google.

Google needs Mayer to turn Yahoo search around, perhaps growing its market share by pushing for real innovation. Because a stronger Yahoo will also push Microsoft to compete harder with Bing, possibly even stealing market share from Google. That’s not such a bad thing: Google has enough to share, and it’ll create a dynamic, vibrant search engine market in which Google will face much less antitrust heat. “We really think an independent Yahoo’s better for the Web,” Mayer told Charlie Rose in 2009.

A more competitive market will push Google itself to innovate, delivering what its users want and need–versus what experimental services Google deems fit to push on them.

 

Keep reading: Fast Company – Why Joining Yahoo Is The Best Thing Marissa Mayer Ever Did–For Google

 

 

Continue reading Did Yahoo! hire Marissa Mayer to bring back Yahoo Search?

Venture capitalists invested $5.8 billion in the first quarter of 2012

Venture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012.

The report shows that after a strong fourth quarter 2011, VC investment activity for the quarter fell 19 percent in terms of dollars and 15 percent in the number of deals compared to the fourth quarter of 2011 when $7.1 billion was invested in 889 deals.

  • Life Sciences and Clean Technology sectors saw decreases
  • Double-digit percentage increases in the Consumer Products and Services, and Telecommunications industries.
  • The Software industry received the highest level of funding for all industries

 

Read the full reportLeena Rao, TechCrunch