Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Saturday, August 29, 2009

Google Expands AdSense Euro Reporting

By Chris Crum

Now Available for More European Locations

Google has expanded the number of European places where Euro reporting is available for AdSense. Users who are in the following locations can now switch to local currency reports to view their earnings in Euros:
- Cyprus- Luxembourg- Malta- Monaco- San Marino- Slovenia- Vatican City
"Once you make this change, any earnings generated from advertisers paying on other currencies will be converted to Euros each day," says Arlene Lee of Google's Inside AdSense Team. "This also means that if you're receiving payments in Euros, there won't be any additional conversions at the end of the month when payments are issued."




Google recommends that users download and save copies of their past reports in US dollars for their own records, before they switch to local currency reports. After that, the company says to look for the green prompt in the upper right-hand corner of the Reports Overview page, and click the link in the prompt, where you'll be asked to agree to a new set of terms and conditions. Google says that it is a good idea to switch to local currency soon, because in the future, it will be a required update. More information about the new reports can be found in the help center. Google also suggests contacting your lawyer if you have questions about the new terms.

Sunday, February 15, 2009

Revenue-Generating Products In the Mix for Twitter

By Chris Crum

Twitter co-founder Biz Stone announced some big news today about the company accepting an offer it couldn't refuse. Twitter has not been actively seeking funding, but due to its enormous growth, some parties just couldn't resist courting them.

Big News at Twitter HQ - Biz Stone Tweet

"Last night, we closed on funding with our friends Peter Fenton from Benchmark and Todd Chaffee from Institutional Venture Partners," Stone explains. "When Ev [CEO Evan Williams] and I visited IVP we were very impressed and Benchmark's approach regarding teamwork was equally inspiring—every partner is invested in each others success."

With this new funding comes big plans for Twitter. Exactly what those plans are have not been revealed, but Twitter enthusiasts can rest assured that there will be some monetization involved.

"We are now positioned extremely well to support the accelerating growth of our service, further enable the robust ecosystem sprouting up around Twitter, and yes, to begin building revenue-generating products," says Stone. "Throughout this year and beyond, our small team will grow much bigger to meet the challenges and opportunities ahead."

Word is that this round of funding amounted to $35 million. Stone also noted that they still have money left from investments made last year by Spark.