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Google Out of AOL
Seems like the only person who wants anything to do with AOL is former Google exec Tim Armstrong, who just recently took over the company. In a quarterly report filed yesterday, Time Warner (TWX) announced plans to spin off part or all of the former dial-up giant. First-quarter revenue for AOL fell by 23 percent compared with the same period last year, to $867 million.
Probe Into Google Books
Google's grand project to digitally archive the world's body of printed knowledge may have just run into a serious roadblock. To recap: Google Book Search aims to scour university libraries across the country, scan every book it can, offer a short excerpt for free on the Web, and sell the entirety of each book, or access to the catalog, for a fee. This both advances Google's goal of making all information available to the public and nets a tidy piece of revenue for the company. But not everyone is thrilled with the project.
Android Home Runs
You may recall that earlier this month, Google (GOOG) CEO Eric Schmidt mysteriously predicted that the Android operating system was poised to have a very good year but refused to go into details. In the last 24 hours, those details have begun to emerge, and it looks like Schmidt knew what he was talking about.
Google Tracks Swine Flu
Wondering where the Swine Flu has broken out while stockpiling industrial respiratory filters? Of course you are. That's why Google (GOOG) is mapping both outbreaks of Swine Flu worldwide and flu infection rates in the United States. Click here, and you'll see all the confirmed, suspect, and lethal cases reported so far.
Android Hits 1 Million
T-Mobile's G1 smartphones have now sold to the tune of 1 million units, Deutsche Telekom announced earlier this week. That sounds impressive, until you realize that the phones have been on the market since October. And, as CNet notes, until you realize that the Apple (AAPL) iPhone sold 1 million units in its first two months.
Google Gets To Shoot Brits
Google's (GOOG) Street View camera cars are revving up around Britain once more, as the country's information commissioner has rejected a request to shut down Google Street View on the grounds that the service violates citizens' privacy rights.
Yahoo Sharpens the Ax
"We had a lot of people running around but nobody fucking doing anything!"
Google News Over Time
Yesterday, the smart fellers over at Google (GOOG) unveiled two new nifty services in Google Labs, the online space where interesting tools in beta mode can be tested by the public. The first out of the gate was a new twist on Google's image search function. Heretofore, search terms that have multiple meanings brought you completely unrelated images, with no way to cull the images you didn't want to look at.
Throwing the Book at Google
Looks like Google's grand project to digitize and archive every book in the field of human knowledge is running into more problems. The plan, known as Google Book Search, seems entirely noble at first glance: Google will gradually catalogue and make available every book published in history, in cooperation with some of the world's largest university libraries. But as people began to scrutinize the project, they grew more and more concerned.
Google Kicks Ass
The numbers are out for the first quarter, and, in one sense, Google (GOOG) met all of Wall Street's expectations. The company's revenue reached $5.5 billion, which is 6 percent higher than the same time last year but 3 percent lower than the fourth quarter of 2008; this marks the first sequential decline in revenue in the company's history. But Google's cost-cutting was slightly more significant than analysts expected, and the company notched a nice profit of $1.42 billion.
Google Ads Going Cheap
As Wall Street gears up to hear how Google (GOOG) did in the first quarter, the search engine marketing firm Efficient Frontier has released a study indicating that the search giant's clients are paying less and less for ads as the recession continues. Advertisers bid to buy space next to Google search terms, with the winner paying a set amount as people click on their ads.
Google's Day of Reckoning
Google (GOOG) will release its first-quarter numbers on Thursday, and the investing world will find out if the company can shrug off the recession or will face the same hammer as the rest of Wall Street. Analysts predict that Google will announce a drop in its quarterly revenue for the first time in the company's history, although they haven't exactly reached consensus on a figure.
YouTube's Korea Gambit
On April 1, the government of South Korea began enforcing a new law requiring Web sites that draw more than 100,000 users to verify the identity of anyone who posts a comment or uploads any content onto their sites. This law flies in the face of Google's (GOOG) mandate to provide universal access to information on the Web, but the company doesn't want to give up on the South Korean market. What's a global search and video company to do?
YouTube-Universal Music Deal
It's no secret that YouTube has run into its share of problems. Advertisers have shied away from the site's clutter of amateur videos, and finding more professional films has been extraordinarily difficult, given YouTube's present navigability issues. As a result, the ad rates have stayed in the basement, right with the number of eyeballs.
Blowback on Eric Schmidt
When Google (GOOG) CEO Eric Schmidt made the keynote speech at the Newspaper Association of America this week, proclaimed the newspaper model a dying hulk, and gave the assembled editors and publishers a bumper crop of advice on how to revive their fortunes, it was perhaps only natural that some in the industry would take umbrage at his chutzpah.
Mr. Schmidt Goes to San Diego
On Monday, the Associated Press announced a new campaign to force Web sites that use its stories to obtain permission and share revenue with it. Although it's not entirely clear how the company will enforce this new rule, there's little doubt who will be the biggest target: Google (GOOG), whose Google News scans and aggregates headlines, angering publishers who feel the service makes Google money by mooching off their hard work.
YouTube Courts Sony
YouTube continues its push to bring more feature-length movies to its lineup, as word breaks that the Web site is in talks with Sony (SNE) to add some of the film company's vast film library to its repertoire. CNet's Greg Sandoval writes that while the two companies have yet to disclose what their partnership would entail, past Sony deals have been considerably limited, with Sony offering only 15 or so films to other Web distributors.
Not Another Twitter-Google Buyout Rumor!
Yes, it's true; there's more buzz that Google will snatch up Twitter and add it to the monolith. The first rumors cropped up in late February, when Google set up a Twitter account and prompted speculation that the search engine was on the cusp of a deal.
Get Orf My Land, Google
Paul Jacobs was minding his own business yesterday, presumably wondering how to stop the riff-raff from burgling homes in Broughton, England, his tony village northwest of London, when a small black Opal Astra cruised past his home with a 360-degree camera mounted on a tripod on the roof, shutters clicking away. Suddenly, he realized the awful truth. Google Street View had come to his home town.
Google's HP Play
Google may have just scored a fresh blow in its eternal war with Microsoft. PC manufacturer Hewlett-Packard has announced that its engineers are studying the possibility of using the Android operating system in its new line of inexpensive netbooks. Until now, Android has been used solely for mobile phone platforms, but if HP decides that the system will work well on laptop computers, the system would metastasize into a new line of computing products.
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