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At present US and China account for 20 per cent each of the world s stock of green house gas emissions followed by European Union nations that account for another 15 per cent. Russia and India follow with a share of nearly 5 per cent each.
This year, we’ve seen a lot of pessimistic estimates of YouTube’s operating losses. While the site does bring in some advertising revenue, they haven’t quite covered that $1.65B price tag yet. And based on bandwidth costs, various analysts have estimated annual operating losses of anywhere from $470M to
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Note that the more conservative estimate here still includes a bandwidth bill of nearly $50M. But new reports are estimating that cost as even lower. After Arbor Networks’ recent analysis of 256 exabytes of Internet traffic, it seems YouTube may be paying nothing for their bandwidth.
As we mentioned before, Arbor Networks found that 6% of all Internet traffic worldwide was going to Google. With that much traffic (we’re talking almost 17 quadrillion megabytes), it seems Google would have to have some serious pipage to support their popularity.
According to Wired,

The cost of bandwidth has fallen and so too have the profit margins for moving bits, even as traffic grows at an estimated 40 percent a year.
With the growth of Google’s network and Content Delivery Networks, the economics of who pays whom to connect grows more complicated than the early days of the net when money flowed upwards — little ISPs paid regional ISPs who paid major ISPs who paid backbone operators.
Now if you are Google, you might even begin asking Comcast to pay up to connect its Google Tubes straight to their local cable ISP networks. That way, YouTube videos and Google search results would show up faster, letting the ISP brag that YouTube doesn’t stutter on their network, a potential commercial advantage over its DSL competitors.

Unfortunately, Wired says, the true nature of the Internet infrastructure is guarded by NDAs, so we may never know who owns the pipeline.
What do you think? Is YouTube operating for pennies because Google owns so much pipe?

October 20, 2009 | By Jill Chenery In Online Business | Is it by chance that some people seem to always be in the right place at the right time to take advantage of opportunities, or are they the people that are self assured, that focus on turning a negative situation into a learning experience and are “out there” to be in the position more often to see and to take advantage of opportunities? They keep an open mind about all situations and therefore can judge each possibility clearly.
US bank BB&T Corporation has reported its third quarter financial results, recording a $157m profit for the quarter, equivalent to $0.23 per diluted common share.
This is substantially down on Q3 2008, when the firm made $362m net income, equating to $0.65 per diluted common share.
President and Chief Executive Officer Kelly S. King has stated that the present performance is mostly good, particularly singling out the 16.1% rise in revenue as a notable plus in the results.
However, King went on to say that the high cost of credit continued to be a drag on the bank’s per
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King added that the firm was excited about the acquisition of Colonial Bank, which occurred during August, and the progress of the plans to integrate it with BB&T.
In the early stages of the reporting season US banking sector has had a slightly mixed bag, with most firms that have reported enjoying profits, Citigroup making modest gains compared to larger profits at Goldman Sachs and JPMorgan Chase.
However, Bank of America did suffer a loss of $1bn, an indicator that the sector has yet to properly recover from the depths of the financial crisis.
Bruce Bartlett was a lieutenant in the Reagan revolution. As an aide to congressman Jack Kemp, he helped write the legislation underpinning Ronald Reagan's 1981 tax cut and then worked in the Reagan and the George H.W. Bush administrations.
The Credit CARD (Card Accountability, Responsibility and Disclosure) Act may be introducing may solve many problems for credit card holders but is also introducing a few of its own as well. It isn’t its fault, however and the new problems are primarily being driven by credit card companies trying to seek new avenues for profit as the Credit CARD Act closes many of their traditional ones.One particularly problematic side effect of the Credit CARD Act is the introduction of higher monthly minimum
Your bank, with help from Uncle Sam, is making obscene profits at your expense. Instead of funding the fat cats, here's how to join them in the economic recovery.
Rich countries are preparing to relent on their demand that developing countries agree to long-term cuts in greenhouse gas emissions ahead of Copenhagen summit