TC Roundup: China's ban on Google is costing search giant billions of dollars while giving huge boost to Baidu
China's ban on Google is costing search giant billions of dollars while giving huge boost to Baidu: It's no surprise that by being blocked in China, Google is missing out on some serious search advertising revenues. But a new report today from eMarketer provides more insight into just how much Google may be losing.
For the first time, eMarketer has broken out search advertising as a separate category in its digital advertising reporting. To understand how much the ban may be costing Google, consider first that eMarketer projects around the world (including China), spending on search advertising will increase in 2015 to $81.59 billion, a 16.2 percent increase from the $70.1 billion spent in 2014. (Venture Beat)
Uber wins French court reprieve over legality of low-cost service: A French court declined Tuesday to ban Uber Technologies Inc.'s lowest cost services, kicking the case to a higher court and winning the car-hailing service a reprieve in one of its biggest European markets. (The Wall Street Journal)
IBM says to invest $3 billion in 'Internet of Things' unit: International Business Machines Corp said on Tuesday it will invest $3 billion over the next four years in a new 'Internet of Things' unit, aiming to sell its expertise in gathering and making sense of the surge in real-time data.
The Armonk, New York-based technology company said its services will be based remotely in the cloud, and offer companies ways to make use of the new and multiplying sources of data such as building sensors, smartphones and home appliances to enhance their own product. (Reuters)
Why tech companies are against Indiana's RFRA law: LGBT Tech Partnership Executive Director Christopher Wood and Indiana Business Research Center Director Jerry Conover examine tech companies speaking out against Indiana's 'Religious Freedom' law. (Bloomberg)