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Submitted by Scott Cleland on Thu, 2008-07-24 16:15
Knol, Google's newly announced online publishing service, is an ominous direct competitive threat to traditional newspaper/magazine/journal publishers, NOT a challenge to Wikipedia as many in content circles naively and wishfully think.
Wake up publishers/editors! Google, with by far the world's largest:
Submitted by Scott Cleland on Tue, 2008-07-22 22:03
Submitted by Scott Cleland on Thu, 2008-07-17 20:33
Growth: 39% YoY revenue growth on a ~$20b base, in a slowing global economy is impressive. Hats off to Google. Lots of network effects at work as Google sites revenue grew 42% YoY.
Tone: I did note the slightest whif of humility this quarter that external factors had some effect on Google's business, in stark contrast to last quarter's more bold statement that Google saw no effect of the external market or economy on Google's business.
DoubleClick: As I suspected, CEO Schmidt said in an answer to a question, that Doubleclick was going well but that he would not break out any information -- in Google's well-established sorry-Charlie-style... no insight or guidance for you... The only thing interesting that was said about DoubleClick was indirect, in that Sergey Brin said that the big problem in display is that it is highly-fragmented." Couple that with CEO Schmidt indicating that Google was only months away fom offering a one-stop advertising solution, one can surmise that Doubleclick will indeed prove to be a material growth kicker to help Google fight off some of the natural drag of the law of large numbers.
Mention most worth follow-up: In Q&A my ears perked up when the CFO explained part of a cost jump was "legal costs" and CEO Schmidt chimed in that these costs were "bursty." I am amazed that a $20b company that gives minimal detail would mention that legal costs were a factor. Do you know how unusually big a legal number has to be to pop up in an earnings call? Did they settle some case that we don't know about? or is the Viacom-Youtube discovery work a lot more costly than Google has let on? Something is amiss and worthy of followup.
Submitted by Scott Cleland on Tue, 2008-07-15 19:07
Anyone interested in Google's increasing dominance or the Google-Yahoo partnership should read Andrew Orlowski's great piece in The Register: "Google the mother of antirust battles?"
Submitted by Scott Cleland on Sun, 2008-07-13 18:35
In advance of the Senate and House antitrust hearings on Google-Yahoo, I thought it would be useful to debunk some of the primary antitrust myths you will likely hear.
Myth #1: There can’t be an antitrust problem as long as consumers are just one click away from a competitive search engine.
Submitted by Scott Cleland on Thu, 2008-07-10 12:14
With Senate and House antitrust hearings on Google-Yahoo next Tuesday, the timing of Yahoo's new BOSS initiative, Build your Own Search Service, is designed to try and show that Yahoo is still trying to compete with Google after Yahoo partnered with Google "to enhance its ability to compete in the converging search and display marketplace."
Check out the 45 word "headline" on Yahoo's press release on BOSS. There will be a short quiz afterward.
Submitted by Scott Cleland on Wed, 2008-07-09 08:45
Don't miss the Op Ed by Richard Bennett today in the San Francisco Chronicle on net neutrality, Google's leadership of the issue, privacy, and the Google-Yahoo partnership.
Submitted by Scott Cleland on Tue, 2008-07-08 17:25
Just learned that the Senate Judiciary SubCommittee on Antitrust has scheduled a hearing on the Google-Yahoo agreement for Tuesday July 15th, at 10:30 am.
The House Judiciary Committee is expected to have a hearing that same afternoon on the Google-Yahoo deal, Internet competition and privacy.
Submitted by Scott Cleland on Wed, 2008-06-25 14:47
Google unfairly represents that it competitively conducts 'auctions' for keywords in AdWords; Google even has an "auction policy." However, if you look up the definition of "auction" one finds it is the public sale of property to the highest bidder.
If Google were interested in fair representation and truth in advertising, Google would represent Adwords as Google's algorithmic secret selection process or GASSP.
Submitted by Scott Cleland on Mon, 2008-06-23 16:13
Drake Bennett of Boston Globe did a great job of highlighting some fresh new concerns about Google's extraordinary influence that I had not heard before -- see "Stopping Google."