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In a relatively quiet week after quarterly result releases, skittishness about the economy has abated lightly with a noticeable decease in analysts' ominous tone.
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As search giant Google(GOOG) wraps up the deal to acquire Motorola Mobility(MMI), analysts are in a frenzy trying to decide if it's the right or wrong move, and how exactly it will impact the company and the industry. The news splash, however, wasn't enough to get people's minds off their economic worries. The market continues to teeter and head downward, much to the displeasure of media and advertising agencies. Unfortunately, the U.S. market is looking more like a broken promise, as media stocks slid 5.4% on Thursday with the release of weak economic data.
Read More As more companies released their second quarter earnings this week, analysts were mostly pleased with what they saw and gave themselves a nice pat on the back for their precise predictions. Unfortunately, it looks like a level of uncertainty is also creeping back into the scene. Weak economic data could foreshadow turbulence for the media industry into the second half of this year.
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Today's interns are Internet Pioneers -- the first to spend their whole lives with the Internet and mobile as an embedded part of their lives. The Internet is the defining influence on Internet Pioneers, and they are hooked up to and dependent on the Internet for managing almost every aspect of their lives.
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