Selling consumer electronics isn’t as easy as it used to be for Best Buy. The big-box retailer is closing 50 stores and compensating employees based on customer service after its fiscal fourth-quarter sales fell short of expectations. The company today reported a fiscal fourth-quarter net loss of $1.7 billion, on revenue of $16.63 billion, up …
Continue reading “Best Buy to close 50 stores in the U.S. and 11 in the U.K.”
In October 2011, Google finally revealed pricing for Google Maps services. Lightweight usage was still free…significant load volumes would begin to incur charges: basically, services and applications that generated more 25,000 map loads per day would be charged $10-$40 for every additional 1,000 map loads. For businesses put off by the new costs of Google Maps, …
Continue reading “Say hello to OpenStreetMap – the Wikipedia of maps”
The Queen is one of the richest ladies in England, worth over £7 billion (pounds) from the property she owns. Yet, due to an Act of Parliament from the 1700s, she gives it all away. Over £200 million every year, in fact, this year it was £230 million. In return she receives about £40 million, most of …
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