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.

One other point Oracle tried and failed to tarnish The Doctor….Whitman will vanish without trace!!!

i'm not much fussed either way, but i'm afraid it's not nearly as much fun as the slapstick in GKP/EXCAL courtroom

OK ……I’m glad we don’t have capital punishment then. lol

"Here’s the problem with Hewlett- Packard Co.’s explanation today for why it took an $8.8 billion writedown related to its purchase of Autonomy Corp.: The numbers don’t make sense.

HP said “more than $5 billion” of the writedown “is linked to serious accounting improprieties, misrepresentation and disclosure failures discovered by an internal investigation by HP and forensic review into Autonomy’s accounting practices prior to its acquisition by HP.”

One reason the previous number seems odd is that Autonomy showed only $3.5 billion of total assets as of June 30, 2011. That was the date of the last balance sheet Autonomy publicly disclosed before it was bought by HP in November 2011.
Perhaps it’s true that Autonomy somehow committed more than $5 billion of financial-reporting improprieties with only a $3.5 billion balance sheet. I’m not sure how this is possible. But if it is, HP should explain. So far the company hasn’t.

HP said in its 2011 annual report that it paid $11 billion for Autonomy, a software company based in Cambridge, England. In connection with the acquisition, HP initially recorded $6.6 billion of goodwill and $4.6 billion of other intangible assets. HP later revised the goodwill to $6.9 billion and reduced other intangibles by about $300 million, according to its most recent quarterly report.

The goodwill figure is especially telling. Goodwill is the bookkeeping entry that a company records when it pays a premium to buy another company. More precisely, it’s the difference between the purchase price and the fair market value of the acquired company’s net assets. Goodwill can’t be sold by itself. The goodwill in this instance tells you that HP paid $6.9 billion more than it believed Autonomy’s net assets were worth.

Now HP is writing down some of that goodwill and blaming it on supposed financial-reporting improprieties by Autonomy. This also doesn’t make sense. HP didn’t record the goodwill because it was lied to by Autonomy. HP recorded the goodwill because it knew Autonomy’s identifiable assets were worth much less than it paid.

HP provided few details today to back up its allegations, which Autonomy’s former top executives are denying. HP put no hard numbers on the actual accounting errors it alleged. During a conference call with investors, HP Chief Executive Officer Meg Whitman said: “The board relied on audited financials -- audited by Deloitte -- not Brand X accounting firm but Deloitte.”

That doesn’t explain why HP paid $11 billion for Autonomy. As I wrote in a Ticker post on Oct. 4, it was obvious well before today’s news that HP needed to book more huge losses to write down goodwill and other intangibles. HP’s leaders just want investors to think the debacle is other people’s fault. What a shock."

And not the 1st time HP has had to write down goodwill - seems they never learn

From today's Daily Telegraph

Hewlett Packard claims 'don't add up', says Mike Lynch
Former Autonomy boss Mike Lynch is to summon Hewlett-Packard chief executive Meg Whitman to the UK "to explain herself", after she accused his business of cooking the books.

The Cambridge-educated scientist admitted that someone at Autonomy could have committed fraud without him or the company's auditors, Deloitte, being aware. But he ruled out any wrongdoing that would have made a "material" difference.

The British entrepreneur claimed that Ms Whitman's sums "simply do not add up" and that there is no way the accounting improprieties that are alleged to have taken place at Autonomy could lead to the $8.8bn (£5.5bn) writedown HP booked this week.

American giant HP bought Autonomy for $11.1bn in August 2011 but has now claimed that the British software company, which specialises in searching texts, voicemails and video, had used serious accounting improprieties to wilfully misrepresent its business and inflate the price tag.

"I will be asking Meg to come over and explain herself. She is not on my Christmas card list," said Mr Lynch, who vehemently denies the charges.

"When we show that everything was fine, then there is a very, very serious question for HP.

"Why did it go and tell investors that it was taking [this] writedown over concerns relating to $100m of revenues?"

Did I miss it...

tabasco - 16 Nov 2012 09:00 - 4219 of 4246

Chess finally to give you peace of mind…Luxor Capital Group have been closing…they would be very vulnerable without the Goldman help…and Goldman are going to have to bring a note out without admitting their fears were incorrect…they are on there own…Luxor…I believe have been closing with some very large trades in dollars…we will soon know for sure…I happen to know there is going to be a positive move in the next ten days…Chess….I am always lucky….trust me!!!

old news.

Bit of a sp collapse this week, can't see any news that may have caused it and there seems to have been plenty of share purchases.

perhaps because the market does not entirely believe mike lynch and fears a messy court case

Yes, it's disappointing. Never mind, not in any hurry to cash in here

oops...

All red and then 2 big blue hits late on and tomorrow could be very different

*Pats self on back*

Harry6 - 11 Dec 2012 16:40 - 4254 of 4254

*Pats self on back*



For what ?

Told you they were a pile of sh*te at 67p on 21/11/12 ... fallen to 56p since.

Sod the pat on the back how about a 21 gun salute , OBE for services to "investors" and a fly past by the Red Arrows for the near 20% fall in 3 weeks ???

jeff ... glad I not as lucky as tabby :)

Dil …I offered you an opportunity in working with me that would have made your life sweeter and easier than it already is…working from home with minimum contact…

You probably don’t remember?…anyway…you are right…even though you said it in Chinese…you will never be as lucky as me…keep an eye on this stock Dil…I will have something to tell you about it very shortly…be lucky….toodle pip!

Nope can't remember that tabby and I do have an excellent memory.

You had plenty to tell me about BPRG/MDX but it still went tits up , don't call that being lucky.

I will admit though that I don't consider these to be in the same basket case league as MDX so good luck to you.

Dil …you really do need to think harder….as far as MDX goes…it cost me £40k all told…I was let down badly by someone else that was also stung…there was far grater corruption than even you can imagine…but we move on………I have had a little piece of luck with this company…BVIC has also been kind…SER…now there was a bit of luck from that piece of shit…BGO has been steady. lol

Anyway back to the star of the show…BLNX in a very short period of time has gone from zero to an estimated $160m this financial year…outperforming it’s sector by a mile in a twelve furlong race… highly cash generative with no debt… $40m in the bank and a partner list from the premier league…now look what has happened to the rest of the World in this same period…lol you must have good shite in Wales