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Photon acquires Naked

*** Update 9:54am ***
The announcement has been made and the trading halt has been lifted. The ASX filing here

In a stunning piece of acquisition action, Photon Group Limited (ASX: PGA )has acquired independent planning shop, Naked Communications. There is currently no announcement of the acquisition lodged with the ASX, but according to sources, the deal includes an initial upfront cash payment of £16.5 million.

Photon entered a trading halt last night, and are expected to resume this morning according to an ASX filing.

February 4, 2008

Adage Power 150


I found out about the AdAge Power150 which ranks the top marketing blogs worldwide (English language though) in January and annoyed that Bannerblog wasn't listed. After a quick email we are now on the list but at a dismal rank of 165. Which I'm told is down 107 from the day before? Our stocks going terrible too :)
Update: Ok this list automatically updates and we're now ranked a respectable 60. I now have another stat to check everyday.

The top blogs are an interesting mix with Seth Godin's blog taking top spot. Which is what you'd expect from a celebrity with a book publishing career. I have two of his books myself.

Superbowl Ads 2008

Adrants has acomplete list of Superbowl ads on Youtube with their patented form of commentary.

I liked this ad from Pepsi. The lack of audio would have at least got peopel's attention thinking their TV was broken.

ASX Digital Media Market Watch 2


Ashley reports from his ivory tower

We posted in January about the fall in digital stocks in Australia. It seems a lot can happen in a month with two of the biggest players having more troubles and management changes.


And it seems Blue Freeway has continued to be hit hard. Their share price was $1.11 when we posted and now sits at $0.44c. This from a high of $2.44. Ouch! Richard Webb their CEO has stepped aside after just 12 months and management are fanning the fires by announcing restructures and top level job cuts.


All this noise about Blue Freeway covered the fact that Hyro's share price dropped from 16c to 9c in a day and their CEO step aside the day after.

Ashadi pointed out that Apple shares have also dropped since January (down form $199 to just $136) so anyone heeding my investment advice would have been screwed either way.

But the share market is for the long term and it will be interesting viewing watching these local tech stocks as they keep their head above water.

Facebook Overtakes Myspace in OZ

B&T reports that Facebook has overtaken Myspace as the most popular social network. This is from a survey of over 35,000 people. This is the opposite of a similar survey conducted with the same group of people last year.

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