Tag Archive | "Wall Street"

Fortune says the “search party” is over for Google

Monday, August 2, 2010

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Fortune says the “search party” is over for Google

Google has a stranglehold on search with 65 percent of the U.S. market -- and even more in some other countries -- but writing in Fortune magazine, Michael C. Copeland, says the Internet giant needs to find new sources of revenue or lose its status as a growth company.

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With $26.5 billion to invest, Google’s investment team sets up shop

Friday, May 28, 2010

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With $26.5 billion to invest, Google’s investment team sets up shop

Google has opened its own trading desk to manage its $26.5 billion in cash and short-term investments, according to Bloomberg Businessweek.  Heading the team is company treasurer Brent Callinicos, who joined Google from Microsoft in 2007.  Under Callinicos, Google has built a “state of the art” cash management system, with technology that allows traders to […]

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What does Google’s power play mean?

Monday, January 11, 2010

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Google last week asked the Federal Energy Regulatory Commission (FERC) for permission to buy and sell electric power like...

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Consumer Groups Ask FTC To Block Google’s AdMob Deal

Monday, December 28, 2009

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Two consumer groups asked the U.S. Federal Trade Commission to block Google Inc.'s (GOOG) proposed $750 million acquisition of mobile advertising company AdMob Inc., as they allege the deal would diminish competition to the detriment of consumers. "Consumers will face higher prices, less innovation and fewer choices," said John M. Simpson, a consumer advocate at Consumer Watchdog. "The FTC should conduct the appropriate investigation, block the proposed Google/AdMob deal, and also address the privacy issues."

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Will City of L.A. jump into Google’s cloud?

Thursday, October 22, 2009

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I spent all afternoon Monday waiting at the LA City Council Budget Committee to give the Council members my two minutes on why Google's proposal to put the City's computing into its cloud could be dangerous. In a nutshell: Security,...

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Heat is on Google, so it ups lobbying spending 30%

Thursday, July 23, 2009

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What do you do if you're a gargantuan Internet company that's come under increased scrutiny, despite your "Don't-be-evil" mantra?  Send in the...

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Reports: DOJ Turns Up The Heat On Google’s Book Deal

Wednesday, June 10, 2009

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The U.S. Department of Justice has stepped up its review of a deal that would settle a lawsuit publishers and authors filed against Google over the latter's book search engine, according to published reports. Consumer Watchdog has charged that the proposed settlement gives Google special protections against lawsuits over orphan works.

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Google’s solution for journalism: Invade your privacy

Wednesday, April 15, 2009

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Google Chairman Eric Schmidt recently sat down with New York Times columnist Maureen Dowd and discussed how newspapers can emerge from their downward spiral.  His solution, not surprisingly, is less privacy.

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Wall Street Journal, AP Take Aim At Google

Monday, April 6, 2009

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Traditional media is once again rattling sabers in the direction of Google and other sites that aggregate the news. There's tough talk coming from managers at The Wall Street Journal and The Associated Press that include threats of legal challenges and even name calling. Google's plan to scan orphan books and preserve them in a database is also being challenged. Google has an agreement with the The Authors Guild and the Association of American Publishers to scan the books, but a group called Consumer Watchdog says the agreement is anticompetitive and has called on U.S. Attorney General Eric Holder to intervene.

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Is Google neutral or not? Does it matter?

Monday, December 15, 2008

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The Wall Street Journal touched off a debate Monday in an article suggesting that Internet giant ...

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