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New Google search rules weed out low-quality sites

Google Inc. announced a major change to its powerful search engine to reduce the appearance of what it calls “low-quality” Web sites in results.

The move comes after months of criticism from a few technology-industry insiders and an acknowledgement by Google last month that it “can and should do better” to beat back sites that game its system to rise up in search results but offer users little value. Get the full story »

Groupon revenue surged to $760 million in 2010

Daily deals Web site Groupon Inc. saw its revenue surge to $760 million last year from $33 million the previous year, with more than a third of its 2010 sales coming from outside the U.S., according to an internal memo.

The e-mail, sent by Groupon Chief Executive Andrew Mason to staffers in early January, also reveals the founder’s grand ambitions for the company started three years ago. Mason writes that he hopes to achieve “billions in revenue” in 2011. Get the full story »

LinkedIn is back on in China

Access to the networking site LinkedIn has been restored in China, a day after it was blocked after calls for Middle East-inspired protests in the country.

A spokesman for LinkedIn based in the United States said: “We are seeing indications that access to the LinkedIn service is being restored in China. We will continue to monitor the situation.” Get the full story »

Analysts: Motorola’s Xoom has plenty of power

Motorola’s new Xoom tablet computer has enough power under the hood to challenge Apple Inc.’s iPad, according to analysis by market researchers IHS iSuppli, but buyers might be disappointed to find that it will need new hardware to work on new, high-speed networks. Get the full story »

Duerson items draw little attention on eBay

Dave Duerson had barely been dead for a day before memorabilia owners took to eBay, but goods related to the former Chicago Bears safety are turning out to be a hard sell.

About two-thirds of the 44 Duerson products listed on eBay have been posted since he committed suicide on Feb. 17. They range from 25 cents for a Topps card to $1,200 for a jersey he wore while playing for the Arizona Cardinals. Duerson played on the 1985 Bears team that won the Super Bowl, and also appeared in four Pro Bowls. Get the full story »

Sprout Social gets $10M in venture funding

Sprout Social, a Chicago-based startup that helps businesses manage their social media presence across different platforms, has raised $10 million in venture funding. Get the full story »

Netflix has deal to stream from CBS library

CBS Corp. struck a partnership with Netflix Inc. allowing the online video company to stream CBS library content, including television shows “Cheers,” “Frasier,” “The Andy Griffith Show” and “The Twilight Zone” to Netflix subscribers. Get the full story »

YouTube seeks to extend live sports to NHL, NBA

Bloomberg News | YouTube says it has been talking with the National Basketball Association and National Hockey League to broadcast live games, part of a move into sports programming stated last year with cricket in India.

Groupon prepares to go into China

Deals Web site Groupon Inc. appears to be making preparations to start operations in China, a move that could shake up the market for group buying, even though challenges lie ahead for the young U.S. company.

Chicago-based Groupon, which opened in 2008 selling discounted products and services from local merchants such as restaurants and nail salons, faces a huge Internet market that has confounded some of the world’s biggest players. Get the full story »

LivingSocial expands in northern suburbs

Daily deal provider LivingSocial said Thursday it has expanded into Chicago’s north suburbs, adding to its roster of more specialized offers for the area.

LivingSocial already offers deals for Chicago, the western suburbs and the northwest suburbs. The Washington, D.C.-based startup also has a “family edition” for Chicago that provides discounts on activities and services for parents and children. Get the full story »

Comcast earnings soar; now hard part begins

Comcast surpassed analysts’ estimates for its earnings in the final quarter of 2010 — its final period before adding NBC Universal to its mix. The company’s operating income grew rose 10.8 percent for the quarter. Revenue was up 7.2 percent to $9.72 billion.

Now the work begins. Despite all of the talk about the importance of fixing the ailing NBC broadcast network or the glamour of entering the movie business, Roberts said the first priority of his lieutenant, NBC Universal Chief Executive Steve Burke, would be “to maintain the strong momentum and focus of the cable channels.”

Orbitz losses widen in 4Q

Chicago-based Orbitz Worldwide Inc.’s fourth-quarter loss widened as revenue increased but the company booked $79.5 million of impairments.

The company also forecast current-quarter revenue of $177 million to $184 million. Analysts surveyed by Thomson Reuters expect $194 million. Get the full story »

Online travel agencies score big with shoppers

Online travel agencies remain a big hit with shoppers, new survey data show, but the sites’ popularity could fade if contract battles with airlines leave them with fewer airfares to lure bargain-chasing consumers, researchers warned.

With airfares soaring and the economy stuck in the doldrums, consumers continue to flock to travel sites to plot dream vacations and research deals and steals, a market that’s expected to total $104.6 billion in 2011, according to market research firm PhoCusWright Inc. Get the full story »

Chrome users now can block certain search results

AFP | Google Inc.  on Monday gave users of its Chrome Web browser the ability to block search results from low-quality Web sites known as content farms.

Google’s principal engineer, Matt Cutts, said Chrome users can download and install an extension for Chrome that blocks sites which provide “shallow or low-quality content” from their search results. Get the full story »

Google: It’s good to be a dog on Valentine’s Day

Google search trends show that Valentine’s Day searches for “personalized dog gifts” — such as a doggie sweater, collar or water bowl with a pooch’s name on it — are more than 10 percent higher than searches for “personalized husband gifts.”

Overall, searches on Google for “Valentine’s Day dog gifts” are up 30 percent this year over 2010. Get the full story »