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« Tennessee's Wretched Licenses-For-Illegals Plan Under Fire | Main | Bush Versus Kerry on Economy, Taxes and The Deficit » July 14, 2004U.S. Online Giants Going GlobalAnd now, something for those of you interested in business news analysis without a partisan political slant: Knowledge@Wharton, from the business school at the University of Pennsylvania, examines why U.S.-based online giants eBay, Yahoo and Google are each making big foreign acquisitions. What's driving these international expansion plans? Even more importantly, what are the chances that they will succeed? Do the business models of U.S. Internet firms lend themselves to being exported and transplanted overseas? Experts at Wharton and elsewhere say that these world conquests are no sure thing. The ability to localize a global business can be a major challenge, they add...Interesting. Posted in Economy & Business
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