Monday, November 15, 2010

Facts about Google's Rapid Growth

In the past 5 years, Google's global workforce has expanded sevenfold to more than 23,000 employees.

Regarding Google's 2010 hiring boom, its total employee count has increased by 18% since January this year. 

County Assessor Larry Stone says: "Google reminds me of Apple in the 80's, and of eBay and Yahoo in the 90's, in terms of its success."

The Value of an Education

Median Mid-career Salaries for People with Bachelor's Degrees from the Following Universities:
1. San Jose State University: $92,900
2. UC Berkeley: $109,000
3. Stanford: $119,000

These median salary numbers are compile by Payscale.com

According to the data, San Jose State, UC Berkeley, and Stanford Graduates start out with similar salaries, but after about 20 years working, Berkeley and Stanford graduates start earning more........$109,000 for Berkeley, and $119,000 for Stanford, compared with $92,900 for SJSU graduates.


Data shows that students that make the most money are those that do well in technical majors such as engineering. It seems that Cal Poly San Luis Obispo graduates earn as much as graduates from USC, but pay less than half the cost for tuition. Also, the top 10% students from Fresno State seem to earn just as much as mid-level students from Stanford.


The highest earning college graduates come not from Harvard, or Princeton, or Yale, but from Harvey Mudd College, which is attributed to Harvey Mudd's heavy focus on math, science, engineering, and a strong alumni base in Southern California, where salaries are high.



.....  Thoughts and Excerpts from San Jose Mercury News Article "Schools Tout the Value of a Degree"

Kai Fu Lee - Influential Figure in China Internet Market

Kai Fu Lee is the founder and current head of and early-stage venture fund called Innovation Works, which is based in Beijing.

He used to be the head of Google China.

Many riches to be made in China's Internet market

Despite of the negative, unethical, cut-throat competition there, it is still widely perceived that there are still huge fortunes waiting to be made in the Chinese Internet market.

This year's online revenue in China is currently forecast to be $4.4 Billion, with forecast 50% annual growth rate.
This year's web games revenue is forecast to be around $5 billion, with forecast 30% annual growth rate.

This year, eCommerce in general is forecast to have $60 billion in value and transactions, and is estimated to be growing at 45% year-by-year.

There are an estimated 430 million Internet users in China.

Business - Tech - Internet - China

It is not uncommon for companies to pay local reporters to write bad things about their competitors.

A major reason for the existence of this type of cut-throat, unethical competition, is the fact that it really isn't easy to sell services to several hundred million Internet users in a culture that expects most things on the Internet to be free.

Link to Blog Post Regards CNN Report: " Baidu Succeeds where Google Stuggles"

http://hliu5656.blogspot.com/2010/11/cnn-report-baidu-succeeds-where-google.html

Kaiser Kuo is spokesman for Baidu

Business - Internet - China

Qihoo 360 is currently in a competitive battle with a former partner. The former partner is another anti-virus company called Kingsoft. Their alliance ended earlier this year, and after that, both sides began targeting the other's software as malware, and each is in the process of filing a lawsuit against the other.