Hurricane Sandy recently shuttered service for half of Cablevision's customers. The company said costs from the storm would be substantially higher than the $16 million it incurred from Hurricane Irene in 2011.
Google (GOOG) is another popular search. The online search giant has decided to shut down the free version of its Google Apps for Business.
Now, instead of offering a free and premium version, only the paid version will be available for $50 per user per year. Google said it made the move because the free model slowed things down for individuals and businesses.
Google Apps will remain free for individuals and businesses that have already signed up for it. Google Apps for Education will also remain free for schools and universities and Google Apps for Government will still be available for the cost of $50 per user per year.Google Apps is a service that includes various software services, like Gmail, Talk, Docs and Calendar. Google announced in January that its goals included refocusing on building good products and cutting out any that were useless or repetitive.
The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move. -- Written by Brittany Umar.
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