The week’s good, bad & ugly: 22.01.10
The Good
Google can hold its head high after finishing 2009 on a very good note, with revenues surging 17 percent year on year to $6.7 billion, with a net income of £1.97 billion.
Not only is this a sign that its new AdSense payment model is working well, there’s good news for the UK. Google has also released figures that show Britain has added $772m to the search engine’s revenue in Q4 2009, equating to roughly 12% of total revenue.
The Bad
Kraft has come under yet more criticism after near-final news of its acquisition of Cadbury was released during the week. Though the British confectionary maker insists that it’s a ‘friendly deal’, fans of the legacy brand are concerned for its future once the American-based food giant takes control.
Job cuts are being predicted, Peter Cadbury (a great-grandson of the original Cadbury founder George Cadbury) called it a “sad day” and the Facebook group “Against Cadbury being taken over by Kraft’ pondered whether Kraft would scrap the existing commitment to fair trade. Whatever happens, Kraft certainly has a lot to prove in its first few months.
The Ugly
In the same week that Tim Berners-Lee launched Data.gov.uk to make Government data publicly accessible, a ‘he said, she said’ battle of will has been playing out between journalists at The Telegraph and The Guardian. The latter has been berating the former for misreporting a quote from the father of the World Wide Web, as has LeftFootForward.org and editor of Prospect Magazine, James Crabtree.
This morning The Telegraph reported that “Communities could be ‘ghettoised’, though the two authors of the feature don’t provide a direct quote and two eye-witnesses deny that Berners-Lee made the remarks.





