Could Google finally have some competition? From Yahoo? It's not that Yahoo beat Google in first quarter earnings. Wall Street estimated Yahoo earnings of $0.37 a share on revenue of $1.08 billion and the Internet old timer just edged out estimates by posting earnings of $0.38 per share on revenue of $1.09 billion. (Mashable) Compared to last year, that's flat but, it is more than expected and Yahoo has been showing some spit lately. Yahoo wants to create a competitor to Google's YouTube. It's been snapping up useful apps lately, including Evntlive and Ptch, as Movitly reported in December. It's even trying to poach some YT stars for its project. Comparatively, Google's first quarter earnings fell beneath estimates. It posted $6.27 a share before costs. That's six cents below the Wall Street estimate. (Forbes)
And Google's falling behind in Web traffic. In March, web analytics firm comScore released its updated traffic report. comScore's data showed Yahoo's sites received an aggregate 197 million unique visitors during July versus Google's sites with 192 million unique visitors. (The Huffington Post)
In other news this week, your online videos could sound like the theater versions in the not-to-distant future. Dolby's working on a mobile audio technology that leverages all the information in a 5.1 multi-channel soundtrack so you'll have cinema sound while watching on your mobile device, says JC Morizur, senior director of professional solutions and products for Dolby. (beet.tv)
Soon (but it's not saying how soon) Facebook will force mobile users to switch to its Messenger app for chatting. Facebook will remove the internal chat option from the main app. (The Christian Science Monitor)
A new study by video ad platform Videology revealed that online video viewers visit quick service restaurants (QSR) more often than non-online video viewers due to the mobile advertisements they view. According to the study, online video viewers are 60 percent more likely to visit a QSR after viewing an ad or promotion. (Media Post) And I thought it was because we all valued the free WiFi at McDonald's and Taco Bueno so greatly.