THE WEEK THAT WAS
WINNER: New home builders, buyers
Low prices, cheap credit fuel rebirth of the recession-damaged market for new homes, with sales up nearly 10 per cent over last year.
LOSER: Facebook
Excitement of its public offering gives way to reality: revenue down 6 per cent, profit down 32 per cent. Stock price down too.
Google Chrome surpassed Internet Explorer as the world's most-used Web browser during the week of May 14-20, marking the first time Chrome received the highest traffic for a full seven days. According to the website StatCounter, Chrome was ahead of Microsoft's Internet Explorer, with Firefox in third place and Apple's Safari a distant fourth. While Chrome ranked No. 1 worldwide, there are still certain regions where Internet Explorer holds the title. In the U.S., Chrome was still in second place, and that held true to a dramatic degree in some countries like Japan and China. In India, Chrome is the most used while Internet Explorer falls to third place, and in South America, Chrome brings in almost half of all Web traffic.
Los Angeles Times
THE WEEK THAT WAS
WINNER: New home builders, buyers
Low prices and cheap credit fuel rebirth of the recession-damaged market for new homes, with sales up nearly 10 percent over last year.
LOSER: Facebook
Excitement over its public offering gives way to reality: revenue down 6 percent, profit down 32 percent. Stock price down too.
Looking ahead: New GDP numbers, which signal the economy's strength and direction, come out Thursday.
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