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Targeted ads to drive mobile video business, Verizon CFO says

2015-07-21 23:41:26| IT Services - Topix.net

NEW YORK: Verizon Communications Inc 's upcoming mobile video service will drive revenue with a combination of highly targeted ads, exclusive content and pay-per-view live concerts and sporting events, Chief Financial Officer Fran Shammo said in an interview on Tuesday. Most Americans own a mobile phone and Verizon is looking at offering video content to increase data consumption on mobile devices and grow revenue.

Tags: business video mobile drive

Vintage Wine Estates appoints CFO

2015-07-20 17:07:00| Daily beverage news and comment - from just-drinks.com

California-based Vintage Wine Estates has appointed Karen Diepholz to the role of chief financial officer.

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SMARTRAC Appoints Dr. Goetz Moeller as New CFO

2015-07-17 15:04:20| Location-Based Services (LBS) Zone

LBSzone news - (Amsterdam (The Netherlands), 17.07.2015) RFID pacesetter SMARTRAC today announced the appointment of Dr. Goetz Moeller as Chief Financial Officer. He takes over the role from Christian Uhl, who became the company’s Chief Executive Officer in November 2014 and has carried on as acting CFO since that time. “With his blend of administrative and managerial skills, international experience, […]The post SMARTRAC Appoints Dr. Goetz Moeller as New CFO appeared first on LBSZone.

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Google revenues up 11%, CFO signals spending check

2015-07-17 08:23:00| Telecompaper Headlines

(Telecompaper) Google reported second-quarter revenues up 11 percent year-on-year to USD 17.727 billion. While revenues rose at half the rate of the year-earlier period, operating profit increased 13 percent to USD 4.825 billion. Net profit increased to USD 4.829 billion or USD 4.93 per share, from USD 4.104 billion or USD 4.88 per share a year earlier. Google total advertising revenues rose 11 percent to USD 16.023 billion, led by 13 percent growth on its own sites. Traffic acquisition costs fell to 21 percent of ad revenues from 23 percent a year ago. The cost per click was also down 11 percent over the same period. Google's capital expenditure fell slightly to USD 2.515 billion in the quarter, while free cash flow rose to USD 4.470 billion from USD 2.981 billion a year ago. The company had total cash of USD 69.780 billion at the end of June. This was Google'a first earnings report with the new CFO Ruth Porat. She said the growth came mainly from core search, especially mobile, as well as YouTube and programmatic advertising. "We are focused every day on developing big new opportunities across a wide range of businesses," she said. "We will do so with great care regarding resource allocation."

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