New offensive Google's music market

Auto Date Thursday, May 16th, 2013

 

No potentially lucrative sector of the Web can not escape Google1. Net giant announced Wednesday the launch of a service streaming2 music (a subscription to a music library rather than buying securities unit). Google Play Music All Access will be available for a subscription of $ 9.99 per month, first in the United States, and then rapidly in other countries, including France.

To make its offer streaming attractive, Google did not skimp on resources. It would have won agreements with the largest majors, Universal Music, Sony Music and Warner Music. "Millions of songs" are available. Google relies on its ability to recommend content based on users' tastes and manage research to differentiate. With music streaming, Google does more than add another string to its services available in Android (the operating system for smartphones and tablets, including used by Samsung, LG, Sony).

Unmet goals

Group Mountain View 3change totally strategy in music. Until now, he was content to copy Apple's iTunes download service with its securities unit, called Google Play Music. But it has not achieved its objectives in sales, generating only "a few million" dollars in 2012 according to analysts. The U.S. is trying to solve a problem so far, its services on Android does not generate enough revenue. The comparison with Apple performance in the field may be cruel to Google. In the first quarter of 2013, iTunes, App Store 4 (the Apple App store), iBooks … generated over $ 4 billion in revenue. That's four times more than Google Play. This despite the fact that 900 million Android devices have been activated worldwide, against 500 million for Apple. Another concern, Samsung would pull more profits from Android as Google itself, according to the firm Strategy Analytics.

$ 900 action

For Google, it becomes urgent to restore balance. However, the market for online music and especially the streaming is one of the most promising. And it is still under construction. For now, they are "small players" as Pandora5, a kind of Internet radio with more than 200 million users, the Swedish Spotify, which displays 6 million premium subscribers paying out between 5 and 10 dollars per month, or the French Deezer, who clear the market. But the big players arrive. Google has taken the first step, Apple would consider the follow Amazon have a project in the area, according to the Wall Street Journal.6

Buoyed by these ads, Google stock has passed for the first time the threshold of $ 900, up more than 2.5%, to $ 907, while its market capitalization now exceeds $ 300 billion. It is similar to that of Apple, which totaled 408 billion, or 240 billion less than last September, when the action has reached its historical record.

Agreement on the Rescue snatch Cyprus

Auto Date Monday, March 25th, 2013

 

Cyprus and its donors have pulled in the night an agreement to avert immediate bankruptcy of the island, with EU support. But this rescue, acquired after fourteen hours of tense exchanges, results in the closure of Laiki the second bank, and a net loss estimated at between 30 and 40% for the largest depositors of the first institution, Cyprus Bank.

On paper, the Cypriots will escape the tax from 6.75 to 9.9% Eurogroup had promised them ten days ago on all bank accounts. In fact, the agreement submitted in the night to the final approval of the Eurogroup may cost much more to larger depositors, individuals, companies and non-residents, including Russians. Laiki will be immediately liquidated and they risk losing everything that exceeds 100,000 euros guaranteed by EU legislation.  

Cyprus Bank will be degreased and sharply reduced its balance sheet, with a proportional discount on deposits in excess of the limit of coverage. In both cases, these management measures that do not require approval of the parliament in Nicosia, unlike the tax originally envisaged. The two banks together represent about 80% of the island's financial system.

The outcome of the standoff, hired a week ago, however, allows both sides to claim a success. Nicos Anastasiades, newly elected President of Cyprus, avoid bankruptcy and can claim he has withdrawn his country to a tax spectacularly rejected by parliament in Nicosia. Europe, meanwhile, managed to keep the common currency in Cyprus and deny himself starve, as envisioned by the ECB.

"The best agreement can be reached," according to Lagarde

Christine Lagarde, Director General of the International Monetary Fund, described the agreement "as the best that can be achieved from facing challenges more complicated." The Eurogroup has given the green light for financial assistance. But its president, Dutchman Jeroen Dijssebloem said during a press conference concluding a meeting of the Eurogroup that the amount of aid donors (European Union and International Monetary Fund) is unchanged and 's' amount to 10 billion euros. "

The outcome was precipitated by an emergency appointment seventeen finance ministers in Brussels on Sunday evening. Sign of initial tensions, the meeting began in the middle of the night, with more than six hours late. In fact, this is a camera prior to reduced staff, with Anastasiades President, Herman Van Rompuy, José Manuel Barroso, Christine Lagarde (IMF) and Mario Draghi (ECB) has the breakthrough.

In the last hours, the leaders of Nicosia had ended up, after a long denial of the danger. "The goal is to save the Cypriot economy and avoid a debt default uncontrollable effects," acknowledged Cypriot President upon his arrival Brussels. The price of a rough exchange the Executive Director of the IMF, the President got the Cyprus Bank is not liquidated as Laiki, but kept alive and restructured. To achieve this, Nicos Anastasiades was up to his resignation in the balance. Once the compromise torn in small groups, the seventeen ministers of the Eurogroup have countersigned and set the details. "The immediate future looks difficult for Cypriots," warned Olli Rehn, "Mr. Euro "of the European Commission.

Remains a bitter pill to impose a government just installed a Parliament had rejected outright the first draft of the plan and Cypriots who has long believed in a miracle cure. The EU and IMF have not hidden that night that "restructuring" Banking is the hottest step sanitation of the island. Should follow as Greece, Portugal and Spain, fiscal consolidation and restoration of external accounts, with effect as a brake on the same activity.

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The advance tax credit for SMEs competitiveness unlocked

Auto Date Wednesday, February 27th, 2013

 

VSEs and SMEs can now request a cash advance on tax credit for competitiveness and employment (CICE), announced on Tuesday the Minister of Economy, Pierre Moscovici, and Minister for the Budget Jerome Cahuzac . The smallest firms, so the most fragile in the current context, will benefit now that key measure of competitiveness pact, which aims to alleviate the burdens on businesses. They will not have to wait until 2014 to receive a check from the government. The amount that the company can receive will depend on its payroll in 2012. "Small businesses may request pre-financing directly from OSEO, future pole Bank financing public investment (BPI), by ceding the CICE debt they have on the state," says Bercy.

Moreover, OSEO is "immediately establish a guarantee fund" which will allow commercial banks also offer pre-financing of SMEs CICE, "BPI covering up to 50% of the risk involved in these operations," says Ministry of Finance. Commercial banks can offer pre-financing companies "to the beginning of the second quarter."

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Maurice Taylor, a boss of Midwest without complex

Auto Date Thursday, February 21st, 2013

 

From our correspondent in Washington

Maurice Taylor is well known United States. But only in the world of tire. His outspokenness that shocks the French syndicalists today, is however in the standard of an industrial world of Midwest where the bosses who have made themselves all alone are not afraid to call a cat a cat.

Native of Michigan, aged of 68 years, "Morry» Taylor is respected for his exemplary career. After be past by Michigan Tech, a University of Houghton (Michigan), he is first illustrated for years as seller of wheels. "I followed 257 engineering courses. None me has never served to nothing, "confessed-he in 1996. His stroke of genius goes back to his redemption in 1983 for 6 million dollars of a factory wheels Quincy (Illinois) Undercutting by Firestone. "Some do will see that waste where others will see of gold … When I saw this factory, I understood that it was an opportunity in pure gold of 24 carats ». From this investment, in association with Canadian industrialist Joseph Tanenbaum, Maurice Taylor has mounted an empire, redeeming over the years and worldwide, factories and activities that large groups as Goodyear abandoned.

Renamed Titan International, the group was introduced into scholarship in 1993. He today employs 3,600 people and its turnover approach 2 billion dollars. Maurice Taylor loves say that his style aggressive in respect of Wall Street analysts has earned him the nickname of "Grizzly». But outside of the universe complex and competitive of the tire for agricultural machines and construction vehicles, "Morry» Taylor, is not a star. His remuneration, bonus understood, is modest. It does not exceed 3 million dollars.  

There long as one has forgotten his candidature botched for the Republican nomination in 1996. By spending 6.5 million dollars of his personal fortune, he did receuilli just 1% of voice cons Bob Dole, the candidate of the establishment.

Without complex

The active participation of Maurice Taylor to political debate has decreased in recent years. Its blog has no been updated since October 2010. This is also at this time that was the last whole page he is offered in the daily USA Today for denounce what he judge be "incompetence" of Barack Obama and democrats. His crusade cons the growing role of the State conforms to the republican rhetoric liberal. "Who wants leave at Government 40% of the money that you will earn in outgoing of the school?», Launched-he to a group of high school students in 1996. When a young "at look weird" has lifted hand, Maurice Taylor has replicated from tac at tac: "Note the name of that one. It must be put in a institution and study its brain. He is not human. It is a extra-terrestrial ».

Maurice Taylor is not more diplomat with the U.S. government than it is with Bercy. "Who still believes what recount the politicians? It does mean anything. There has many egos to Washington.

We would be better if we closed it all, "he explained at the beginning of months in a magazine professionals of the tire. He spends weeks visiting tire factories in difficulty on all continents. Sometimes it in redeems a. It negotiates at this moment a taking participation majority in a society of wheels in India, Wheels India Ltd. which account develop its exports to America and Europe. It is far from 2008, epoch where he appellait in its advertisements on television to buy its tires "Made in America». We the see saying: "Put a tire Michelin on a tractor American, is like putting a beret on the head of a cowboy. Put a tire Japanese Firestone on a tractor American, is like making wear a kimono to farmer ".

The "grizzly» do not regret these About. "This is the truth at the time Michelin sold his agricultural tires to loss to United States. In our factories in India, one wants produce for the market local. This is what we do in Brazil also. It is necessary that consumers buy tires facts home ", we explains Maurice Taylor, without complex.

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Go Sport wants to open 160 stores in France

Auto Date Saturday, February 16th, 2013

 

Go Sport wants to beef up its network. Distributor of sports, which has 266 stores in France, plans to open approximately 160 additional outlets (one hundred and sixty GB Sport of Running) in the coming years. "We want to cover the territory and increase our market share by opening ourselves to the franchise," says Loïc Le Borgne, Director General of the brand since July.

This former Auchan and Kiabi identified franchising as one of the best ways to increase sales for the third player in the sector. Go Sport, with its market share of 6%, is still far behind Decathlon and Intersport, respectively five and three times bigger. Loïc Le Borgne hope and Go Sport will regain the benefits

Profitability in the second half in progress

In 2012, the group Go Sport, controlled by Rallye (also a shareholder in Casino), recorded a loss of 21.9 million euros for a turnover of 675.6 million euros, a slight decline from 0 , 7%. "2012 was a year in two stages. In the first half, we realized a capital increase of € 30 million and our EBITDA was down. In the second half, EBITDA grew by 28%. We launched the e-commerce site Go Sport and opened our first three stores Go Sport free, "explains the director instant credit reports.

Many new outlets operated by third parties are expected this year, the store network to remain stable for the first time in years. Last year, 8 GB stores and Sport Running the curtain fell in France.  

For 2013, other "activities that consume little investments are planned," says Loïc Le Borgne, who wants to improve the management of such stocks and make more impactful promotions, but fewer. Go Sport hopes to attract new clients, and casual sports enthusiasts, with sharp marks, such as The North Face, thus distancing itself from Decathlon, which favors its own labels, and Intersport, which sells most major brands (Adidas, Nike .. .). For its part, in Run, which targets an urban clientele from 15 to 25 years, the range of accessories and textiles will be reworked and a site will be launched in late 2014.

Renovation of two networks, priority of the previous CEO, they are currently suspended. "2013 is a year of construction to Go Sport a multi-brand, multi-channel and international ', provides Loïc Le Borgne.

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Bruce Willis to rescue Marie Brizard

Auto Date Tuesday, February 5th, 2013

Belvedere shareholders will vote February 12 on the future of the group in trouble. Bruce Willis announced he will vote in favor of the plan negotiated by the administrator Frederic Abitbol. The star, which, since 2009, promoting …

The diesel returns bar € 1.40

Auto Date Tuesday, January 29th, 2013

 

Diesel just board the symbolic € 1.40. According to the website dedicated Carbeo.com, it reached 1.403 euro Monday on average, up 4.3 cents since the beginning of the year.

Unleaded gasoline is not left out: last week, the increase was 1.2 cents per liter on average. The unleaded 98 average now stands at 1.62 euro per liter, while unleaded 95 points to 1.582 euro. It is now four consecutive weeks as fuel prices rise.

Oil prices remain relatively high

This rise coincides with the phasing out of government scheme aimed at reducing – temporarily – taxes on petroleum products. Only – Slim – consolation: "Average prices currently observed in France are still below prices August 28, then 6 cents higher for diesel and 7 cents for gasoline," says Carbeo personal business card.com.

For their part, oil prices remain relatively high: Brent crude in London is firmly established above the $ 110 mark, while in New York a barrel of light crude oil exceeds $ 96. This environment that the price at the pump for motorists French do not seem to observe a near lull.

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The fall of the yen is bitching Americans and Europeans that bitch

Auto Date Monday, January 21st, 2013

 

The continuing decline of the yen begins to stir. The Japanese currency, which hovered around 90 yen to the dollar fell to 90.21 yen Friday, its lowest level in two and a half years. Since the arrival of Shinzo Abe as prime minister last month, the yen has lost 4.5% of its value against the greenback. The decline is equally spectacular against the euro.

A "gift payday" to serve the public interest

Auto Date Wednesday, December 19th, 2012

 

"Give a little more often." In 2004, during a business trip to Mexico that Pierre-Emmanuel Grange, co-founder Olivier Microdon with Pluck was clicked. There, he discovers a pervasive generosity citizen – including supermarkets – and performs almost the same time the lack of generosity in France. In 2009, two employees Microdon launched with the support of ADP, which manages payroll systems 9200 companies in France, 2.5 million ballots.

The principle is simple and based on the "Payroll Giving" Anglo-Saxon, born there thirty years in England: the gift payday provides the opportunity for employees to support the actions of associations of their choice by making micro-donations on their net salary to pay. "It's amazing that this concept is so developed in England and France so little … There each year is approximately 900,000 employees English who donate 100 million pounds, "says Olivier Cueille.

A principle which requires "courage"

Employees and employers together choose the causes they want to support, education, environment, disability, employment – from more than 20 associations and NGOs great general interest Microdon partners. "In January 2010, Eutelsat – 450 employees – was our first customer to enter the program. In spring 2010, the company ADP – 2200 employees – has also become a full-fledged customer! "Says Olivier Cueille. The food group is also part Soparind Bongrain customers.

However, the current social context does not encourage companies to donate. "In times of crisis, companies are much more particular about their budget … The only position that companies are both courageous and have a desire for openness, who want to innovate, "says Olivier Cueille. Currently, about 15,000 employees working with Microdon, 15-25% of them are active and really invest in the programs offered.

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Telethon: dressing the stars of auction

Auto Date Saturday, December 8th, 2012

 

Buy the famous red phone service emissions Omar et Fred, the leather jacket Johnny Hallyday or the headphones Bob Sinclar is possible. Shop Cloakroom Collective has partnered with dozens of famous personalities from the fashion and media who have agreed to auction their belongings in order to give a boost to the Telethon. "A great opportunity to acquire a unique piece while making a gesture of solidarity" can be read on the auction site that must close Sunday at 12:00.

The actress Virgina Efira the former Miss France Sonia Rolland, through presenter Bernard Montiel, more than two dozen celebrities have played the game graciously offering their jewelry, jackets, bags and shoes for a good cause. Each article is presented by the star herself on the site and during the two-day telethon to raise up the stakes. Franck Dubosc, sponsor of the 26th edition, presents his football jersey worn in the movie Lords.

With regard to branded products, the prices of the items still high. For example, the bid amount for the leather jacket Johnny Hallyday Saturday afternoon reached 6,000 euros payday loans for self employed. In contrast, Michèle Laroque dress seems to be less successful because it is only 165 euros.

For now, the amount of donations collected by Cloakroom Collective will be handed over to the French Association against Myopathies (AFM) amounted to 27,562 euros. An amount that will be added to other gifts that record the moment a drop of 20% compared to last year. Indeed, the association had collected Saturday noon around 12 million euros, while the meter displays more than 14 million at the same time last year. A "first" since the creation of the Telethon according to the president of the AFM, Laurence Tiennot-Herment, which however spoke of a "delay rattrapable yet." To do this, the AFM has appealed to the generosity of the French to mobilize despite a difficult economic environment.

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