Advertising: TV Keeps Majority and Display Internet Grows

Television remains in the majority for advertising spending in the first quarter of 2013, according to a Nielsen report. Television advertising has 59 percent of total spending and 3.5 percent of global growth. Newspaper and magazine ad spending has declined in this period. In contrast, display Internet advertising spending has grown significantly at 26.3 percent. Growth in Internet ads was strongest in non-U.S. markets in Q1. Continue reading Advertising: TV Keeps Majority and Display Internet Grows

Xbox 360 to Surpass Wii in Total U.S. Sales by End of 2013

Microsoft’s Xbox 360 is expected to surpass Nintendo Wii’s accumulated lead in U.S. sales by the end of 2013. This projection is based on consistently increasing Xbox 360 sales over the past three years. Although the Wii is the best selling console worldwide, especially in Japan, the previous holiday season was marked by the rise of Xbox 360. Over the last year, the Xbox 360 has outsold the Wii in the U.S. by an average of more than 275,000 units per month. Continue reading Xbox 360 to Surpass Wii in Total U.S. Sales by End of 2013

China Denies Cyberattack Allegations from Mandiant Report

After U.S. computer-security firm Mandiant Corp. accused China of stealing large swaths of data from U.S. companies, China flatly denied the accusation. In a 74-page report, the firm claims a group attached to China’s People’s Liberation Army stole data from 141 companies since 2006, 115 of which were in the U.S., spanning industries like information technology, telecommunications, aerospace and energy. Continue reading China Denies Cyberattack Allegations from Mandiant Report