As Internet Evolves, Profit Still Missing Factor


If the global recession has made companies focus on business plans with solid financial returns, the Internet remains its own autonomous trade zone, free from the reach of the standard rules.

Executives from the world’s top technology and media companies convened near San Diego to discuss the future of their businesses and to tout new products that make the Internet more social and more mobile.

But from to Twitter to Microsoft Corp, the heady talk of new Web technology and innovation was matched by the continuing inability by many of the industry’s leaders to make money from their creations, no matter how popular.

“The consumer is deciding where they’re going to spend their time, now we’ve got to figure out what the monetization model is,” said Raj Kapoor, a managing director at the Mayfield Fund venture capital firm, who attended the All Things Digital conference.

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