Friday, April 17, 2009

4/17 TechChuck » Google

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Don't Get All Huffy About the Huffington Post
April 17, 2009 at 3:03 am

As Mark Gimein noted last week in The Big Money, the media giants have put the Web's journalistic "parasites"—blogs, aggregators, Google—on notice that they will no longer allow them to pinch their copy without reimbursement. The Associated Press has threatened legal action against thieves of its intellectual property, MediaNews executive (and AP Chairman) Dean Singleton has seconded that threat, and News Corp.'s Rupert Murdoch and Robert Thomson, the top editor of News Corp.'s Wall Street Journal, growl in harmony.


Google Suffers Several Negative Firsts in Quarter
April 16, 2009 at 11:40 pm

It took a worldwide recession to put the Google growth machine in reverse.

The world's largest Internet search company marked several negative firsts in the quarter just passed, despite beating Wall Street's expectations in a tough economic environment.

Google saw its quarterly revenue decline compared to the previous quarter for the first time since it began publishing results in 2003.


Google Maps Now Show Views From Webcams
April 16, 2009 at 11:30 pm

Google Maps Now Show Views From Webcams

The latest layer to be turned on in Google Maps is one for webcams. Just click on the "More" button on the top right of each map right next to the "Traffic" button. When you do that, it shows you thumbnails from different public Webcams around the world as tracked by Webcams.travel.

You don't see an actual video, just the most recent still image captured by the Webcam. But this can come in handy when you want to actually see the traffic on a major highway yourself, or how the waves look like at the beach. While you are at it, you can also click on the other layers, such as Wikipedia entries,, photos Youtube videos, and public transit.


It's Official: YouTube Gets Hulufied
April 16, 2009 at 10:19 pm

Next time you pop on over to YouTubeYouTube reviews, you might want to check out the site's new navigation bar. Remember when we said that GoogleGoogle reviews was planning to launch a redesign to Hulufy YouTube? Well, now it's official.

It may not be as obvious as we expected, but YouTube now has a new "Shows" tab in their navigation bar, that comes complete with programming from networks like CBS, Animal Planet, Discovery Channel, and Current. Now you can turn to YouTube to get your Harper's Island, Married…With Children, and Beverly Hills 90210 fix.


As sales execs defect, is this the end of an era for Google?
April 16, 2009 at 9:12 pm

As sales execs defect, is this the end of an era for Google?

During today's earnings report, Google announced that its global head of sales, Omid Kordestani, perhaps better known as its business founder (or employee No. 12), will leave his post to become a senior adviser to the company's founders and chief executive Eric Schmidt. While he hasn't exactly left for good, his decision to step down follows the departure of several other high-profile executives in Google's sales organization - signaling even more strongly that the bloom is finally coming off the rose.


Google Gives Back Most After Hours Gains; Worries On Q2?
April 16, 2009 at 7:38 pm

Easy come, easy go.

Google (GOOG) shares, which at one point this afternoon traded as high as $412, more than $23 above the regular session close of $388.74, has now given most of that back. Or to think of it another way, while you were driving home, the stock dropped about $20.

What happened? Well, the stock had rallied on Q1 earnings, in particular better-than-expected performance at the EPS line, as margins increased, thanks to tighter cost controls. The market was looking kind of giddy there for a bit, but there were apparently a few things on the post-earnings conference call that left people feeling a bit more sober.


Google money machine records Q1 choking sound
April 16, 2009 at 7:17 pm

The recession has finally gummed-up the dial on Google's top secret money machine even though the search firm is still doing better than most other advertising-dependent companies.

Google's first-quarter earnings showed the slowest revenue growth year-over-year since the company went public in 2004 - but it was growth none-the-less. The Mountain-View chocolate factory's chief exec Eric Schmidt called it a "good" quarter given the depth of the recession, saying the results show the resilience of their business model and ongoing potential of the web as advertisers shift their cash online.


YouTube launching premium section with movies, TV shows
April 16, 2009 at 7:15 pm

YouTube launching premium section with movies, TV shows

Google plans to launch a premium content section of YouTube, which will feature its growing collection of full-length films and TV shows while still preserving its user-generated content side. Now, maybe YouTube can make some money.

Google has announced that it will partner with major movie studios to stream a number of full-length films and TV shows for free on YouTube. The studios involved in the launch of this premium content section will include Sony, CBS, MGM, Lionsgate, Starz, and the BBC. The movies will be ad-supported, and ad revenue will be shared with the content owners. Those who love YouTube's user-generated video offerings should not fret, however, as those will remain on the site separate from the premium offerings.


YouTube takes 'baby step' towards countering Hulu
April 16, 2009 at 7:14 pm

YouTube takes 'baby step' towards countering Hulu

Google-owned video site YouTube continues to expand beyond the amateur and pirated content that its known for, with an announcement today that it's becoming more welcoming to licensed, professional content, with a new channel for watching TV shows, a revamped channel for movies, and an expansion of its program for ads that run during the videos.


Google Gets Mini-Sitelinks
April 16, 2009 at 6:18 pm

Google Gets Mini-Sitelinks

Google announced a new, smaller version of their sitelinks search feature on their official Webmaster Blog today. The new mini-sitelinks will appear on more than just the top search result, and will occupy a maximum of one line and four links per result. Sitelinks were originally added by Google to help people jump to more specific portions of large web domains like Amazon or About.com. Additionally, the original version of sitelinks were only generated for the topmost result of a search query, the new one-liners can appear on other result on the first page.


Wall Street Beat: Earnings Season So Far Shows Signs of Hope
April 16, 2009 at 5:50 pm

As quarterly financial reports start to pour in from IT bellwethers like Google, Nokia and Intel, industry insiders are not worried so much about what happened last quarter as what's in store for the rest of the year.

Judging from results so far, as well as some industry reports on the PC sector, the first quarter went about as badly as -- and in some cases a little better than -- expected. What's more important, there are signs that some sectors of IT have hit bottom for the year.


For the Converts, Pocket Informant Comes to the IPhone
April 16, 2009 at 5:40 pm

Pocket Informant from WebIS has been giving Blackberry and Windows Mobile users a solid PIM for the past 8 years. They have taken that experience and are now offering up a fully featured PIM for the iPhone and iPod Touch. It's priced at US$13.

Some features include a built-in calendar that syncs over-the-air with your Google Calendars; Franklin Covey and GTD based to-do (Tasks) that sync with the ToodleDo online service; Full blown search of your appointments and to-do's and contacts; and future sync support for iCal, Things, Remember the Milk, Omnifocus and others.


Google defies economy, ekes out decent Q1
April 16, 2009 at 5:01 pm

Google defies economy, ekes out decent Q1

Google has announced its first quarter financial earnings, and so far the results look decent - given the economic climate. The search giant reported net revenue of $5.5 billion, or $4.49 per share. In terms of historic earnings, Google's Q1 performance was actually down 3 percent compared to Q4 2008, and up 6% in comparison to Q1 2008.


YouTube Preps Its Hulu Answer: Movies, TV Shows
April 16, 2009 at 4:52 pm

YouTube Preps Its Hulu Answer: Movies, TV ShowsGoogle's YouTube (GOOG) has a press conference scheduled to start at 5:30 eastern today. The topic, presumably, is its plan to start showing movies and TV shows on the site. Asked about YouTube's effort to get licsensed, long-form content on the site during the company's earnings call, CEO Eric Schmidt said he'll be talking about that "literally very very soon."


Google's New Global Sales Boss, Nikesh Arora
April 16, 2009 at 4:52 pm

Google's New Global Sales Boss, Nikesh Arora

President of international operations Nikesh Arora will replace Omid Kordestani as Google's (GOOG) global sales boss, according to a note in the company's quarterly filing.

After ten years of building and managing our global sales and partnership operations, Omid Kordestani has decided to hand over the reins to Nikesh Arora, currently President of International Operations, and take on a new role as Senior Advisor, Office of the CEO and Founders. Continued growth is essential to our future success and no one is better placed to advise on new revenue opportunities than Omid, the business founder of Google. In his new role as President, Global Sales Operations and Business Development,


Google Still Shaking Up Sales Force: Nikesh Arora Replaces Omid Kordestani
April 16, 2009 at 4:31 pm

Google Still Shaking Up Sales Force: Nikesh Arora Replaces Omid Kordestani

Here's the other shoe that hadn't dropped following Tim Armstrong's move from Google (GOOG) to run Time Warner's AOL (TWX). Omid Kordestani, who was the official head of Google's sales, has been moved aside in favor of Nikesh Arora (pictured).

Here's the text of the annoucement, buried at the bottom of Google's earnings report. More shortly:


Google's Revenue Slumps, But Cost-Cutting Pays Off
April 16, 2009 at 4:19 pm

Google's Revenue Slumps, But Cost-Cutting Pays Off

As predicted, Google (GOOG) saw its revenue decline from last quarter of 2008 to the first three months of this year. The search giant said it generated net revenue of $4.07 billion, which is down from the 4.22 billion Google notched in the previous quarter, and a it's tad shy from $4.08 billion consensus.


Google Shows a 3% Sequential Dip In Revenues: First One Ever
April 16, 2009 at 4:09 pm

Google Shows a 3% Sequential Dip In Revenues: First One Ever

Google has just announced its Q1 2009 results, and for the first time ever, there has been a dip. Revenue fell 3% for the quarter versus the fourth quarter of 2008. But, for the year, revenues were still up.

And it's actually not as bad as analysts had been expecting. JP Morgan had been expecting revenues to be down 13% quarter to quarter and 2% year over year. And, perhaps most importantly for Google, its paid click numbers were actually up. Aggregate paid clicks were up 3% quarter to quarter, and 17% year over year.


LIVE ANALYSIS: Google Reports Solid Q1, Amazing Cash Flow
April 16, 2009 at 3:59 pm

LIVE ANALYSIS: Google Reports Solid Q1, Amazing Cash FlowWelcome! Here's the press release. Please feel free to join our live discussion below.

Quick Read: Revenue in line. EPS modestly ahead of consensus on cost control. Cash flow un-fracking-believable. Revenue probably not strong enough to drive stock much higher, but something's wrong with you if you aren't knocked silly by that cash flow.

 

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