With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

This will put shorters on red alert any obvious manipulation will be met with a hefty fineshort sellers losing that cosy edge they have had for so long bodes well for the future.how you doing haystack and the gang?

31 August 2011

The Financial Services Authority (FSA) has today published a decision notice for Swift Trade Inc (Swift Trade) indicating that it has decided to fine Swift Trade 8m for market abuse.

Swift Trade has referred the matter to the Upper Tribunal (the Tribunal) where it and the FSA will present their case. The Tribunal will then determine the appropriate action for the FSA to take. The Tribunal may uphold, vary or cancel the FSAs decision. The Tribunals decision will be made public on its website.

In the decision notice dated 6 May 2011, the FSA set out its decision to fine Swift Trade, a non FSA authorised Canadian company with global operations, for systematically and deliberately engaging in a form of manipulative trading known as layering.

In the FSAs opinion, between 1 January 2007 and 4 January 2008, Swift Trades manipulative trading caused a succession of small price movements in a wide range of individual shares on the London Stock Exchange (LSE) from which Swift Trade made substantial profits. It has not been possible to measure Swift Trades profits precisely; however, they were in excess of 1.75m.

The decision notice states that the FSA believes that this was a particularly serious case of market abuse. It was widespread and repeated on many occasions involving tens of thousands of trading orders by many individual traders sometimes acting in concert with each other across many locations worldwide. The trading led to a false or misleading impression of supply and demand and an artificial share price in the shares they traded which was to the detriment of other market participants. The FSA believes that such conduct, if unchecked, could undermine market confidence.

Further, in March 2007, it is the FSAs opinion that when Swift Trade became aware that the LSE had raised concerns about its trading activity it actively sought to evade restrictions on its trading by refining its trading pattern to avoid detection. Swift Trade said it would impose effective controls on its trading but in fact took further steps to avoid regulatory scrutiny by changing its Direct Market Access (DMA) provider. DMA is a service offered by some stockbrokers who are exchange member firms that enables investors to place buy and sell orders directly on the order book.

The FSA believes the size of the proposed fine reflects the serious nature of the market abuse and should act as a deterrent to other market participants.

Tracey McDermott, acting FSA director of enforcement and financial crime said:

The FSA remains committed to tackling abuse of the UK markets - wherever it originates. Interference with the price formation process threatens the integrity of those markets.

Market participants who offer direct market access should be aware of the risks that such access may be abused and take proactive steps to prevent it.

Swift Trade and its President and CEO, Peter Beck, have commenced judicial review proceedings to challenge the FSAs decision made on 11 May 2011 to publish the decision notice. These proceedings are ongoing. They also obtained a High Court injunction on 9 June 2011 to restrain publication of the decision notice. That injunction lapsed on 16 August 2011 following the Tribunals decision dated 2 August 2011 that rejected an application for prohibition of publication of the decision notice. On 26 August 2011, the High Court dismissed a further application for an interim injunction to restrain the FSA from publishing the decision notice.

On 13 December 2010 Swift Trade was voluntarily dissolved under Canadian law after changing its name to 7722656 Canada Inc and its remaining assets were transferred to a former holding company, BRMS Holdings Inc. Any creditors claims including fines levied by the FSA would be paid out of these funds. Despite the dissolution of Swift Trade the FSAs legal proceedings against Swift Trade will continue as if Swift Trade had not been dissolved.

The FSA has liaised with other regulators worldwide and with the LSE in bringing this action and acknowledges their assistance.

Missed this recent broker Buy....

Blinkx PLC

FORECASTS 2012 2013
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Daniel Stewart
30-08-11 BUY 15.11 3.72 24.77 5.51

Hmmmmnice!

A stonking performance today, up 10.5

and on the rampage again with good volume - strange

Reasonable Burst Media RNS yesterday maybe?

New all time high

It has hit 155 intraday sometime in the last 12 months.

So, we neeed to hold above 148

It breached 150 once in April and twice in May - highest was 155. Yesterday's RNS makes for interesting reading - albeit, not that meaningful to me!

Rejoice my friendsthere are still fools wanting to take this Royal Flush on and part with their moneyHaystack and Co.lol
All time high closemuch more to follow.I dont do SP calculations/predictions but a good friend who is also never wrongtells me 4-50 by next May.he also drinks Carlsberg
Chesswell doneone of the few believersenjoyplenty more to come!!

A little bute. A bid will push this to 2

Wow - moving up to the next level! This is my best-performing share by far, and still a long way to go.

what ho Mistess T! .... F hot here in Dubai, but back to wet and cold and gloom tomorrow evening

Cynic.
How are things in Dubai?
I have heard stories about the place that do not put it in a very good light. Especially for the entrepreneur.

Cynicwould love to go to Dubai mainly for the five star Meydan Racecourse with its all-weather and turf tracksalas I am petrified of flying and have to make do with dreaming and looking at my Dubey & Schaldenbrand when we are at Lingfield or Kempton!

Bit like Skegness without the smell of fish & chips, smells of camel poo and locals picking their noses, or holding their balls.

BernieI dont mind the smell of fish and chips on a cold winters night......camel poo?smoked some in my teens.....locals picking their noses, or holding their balls could be an interesting smell?
Opening for youscratch and sniff card? if you could perfect a strong and long lasting cafetera Italiana [Nestle] aromawe could talk business!

i guess it'll turn around in a couple of years, but in the meantime, the general economy is dire and dependant upon abu dhabi money.

however, a lot of oilfield biz and the like is controlled from here and is doing well, and that is my field

The Maktoum family are not short of a few quid when it comes to their thoroughbreds.