Google's IPO will probably not hit the market next week as the company and Wall Street try to iron out the snags in the IPO's nontraditional auction process. Analysts remain upbeat about the IPO occurring soon.
Russia has discovered a thirst for beer, which was scarce during Soviet times, and the thirst is so strong that politicians and church leaders are concerned the country is drinking itself into a problem. To stem some of the social ills seen as related to beer, Russia's parliament has enacted the toughest restrictions on beer marketing in Europe, proposing to make ads illegal on TV between 7 a.m. and 10 p.m. and making advertising illegal within 100 yards of hospitals, schools, sports venues and cultural institutions.
Vonage is contacting agencies for its marketing duties, an account thought to be worth between $50 million and $75 million. Responses from the 20 agencies the company said it contacted are due by the end of the month.
Pay-per-call allows advertisers to pay search publishers when they receive a phone call, a boon to small and medium size enterprises that do not have a Web site, provided the concept takes off. Search marketing firm Ingenio thinks it will, and is rolling out its pay-per-call platform in the next few weeks.