Will Airbus A350 rescue EAD?

EADS, the maker of Airbus passenger air-crafts, announced a $10 billion redesign of its discredited A350 long range mid size jet. EADS, which has been reeling under the news of the postponement of the A380 jumbo jet, has been under increased pressure by investors to regain moment from Boeing. Boeing has been taking back lost market-share from Airbus with the launch of 787 and 7E7 (Dreamliner). So far this year Boeing has significantly more orders than Airbus. Moreover, customers of Airbus have increasingly moving away from its A340 series of air-crafts because of significantly more fuel consumption. So EADS plans to add fuel efficiency features to the redesigned A350. Lets see if EADS can answer its critiques with this newly redesigned A350 series of air-crafts.

Success stories!

YouTube

Internet Video Search leader YouTube said on Sunday that its viewers are watching more than 100 millions videos a day. YouTube is an on-line service which allows users to post and view small video clips on-line for free. It has been spectacularly popular since its inception and its viewership has been increasing rapidly. The company is also working on generating ads for its portal. YouTube’s market-share in the on-line video business is at 60% and is far more popular than competing services like Google Video.

MySpace

Another popular portal is MySpace, a leading social networking website. It is currently owned by News Corp, a big media conglomerate that owns Fox, Star, and New York Post. According to a survey released by Hitwise, MySpace ranks as the most popularly frequented portal in the world with a 19% market-share. It is more popular than Yahoo, AOL and even Google.