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Google's Profit Drops, But Still Beats Forecasts

$382M is off 68% from Q4 of '07; search giants looks to have restrained spending

(Newser) - Quarterly profit at Google fell for the first time, although the performance was better than analysts anticipated. Google made $382 million, or $1.21 per share, in the three months ending in December—a 68% drop from the same period in 2007. The results indicated the company was able to...

What Slump? Big Blue Sees Growth

IBM had a good Q4 and says its business services and software sales are solid

(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins...

Google Ditches Print Ad Biz
 Google Ditches Print Ad Biz 
Jan 21, 2009 1:48 AM CST

Google Ditches Print Ad Biz

Recession bites into ad budgets

(Newser) - The recession is continuing to hit even mighty Google, which is shutting down its three-year foray into the print advertising business, Bloomberg reports. The operation sold space in 800 newspapers, but was hurt as budget-crunched companies slashed spending on print advertising. Google's decision will be another blow to beleaguered newspapers,...

Vatican Goes Viral With YouTube Channel

Viewers can watch Pope and church events

(Newser) - The Vatican is teaming with Google to get more tech-savvy: It will soon have its own YouTube channel, Reuters reports. Visitors to the page will have a front-row seat to church events and papal appearances. More details will emerge at a Friday press conference with Vatican leaders and a Google...

Years of Search and Destroy Get Microsoft Back to Yahoo

New Yahoo CEO opens door for search deal, another shot to catch Google

(Newser) - A new CEO at Yahoo has many speculating Microsoft will renew its bid for Yahoo’s Web-search unit, the Wall Street Journal reports. But Microsoft’s quest isn’t a mere attempt to better compete with Google in the $12.3 billion paid-search market; it’s the rectification of years...

Search Tools Tailored to You
 Search Tools Tailored to You 
TECH REVIEW
Jan 14, 2009 2:19 PM CST

Search Tools Tailored to You

Surf Canyon and SearchWiki provide different methods to customize results

(Newser) - Two new tools aim to make your web searches more valuable—and while both succeed, differences in how Google’s SearchWiki and Surf Canyon operate will make the difference for users, Katherine Boehret writes in the Wall Street Journal. SearchWiki acts as a function of a Google account: While logged...

Google Search Hurts Planet, Study Says

Web giant dismisses charges about its carbon footprint

(Newser) - Googling for ways to reduce your carbon footprint may be counterproductive, according to a study. Every Google search produces about 7 grams of carbon dioxide, PC World notes, which takes into account the energy used by the search giant’s massive databases. Google says the study is flawed, and notes...

Model Sues Google Over 'Skank' Diss

Vogue star demands company reveal identity of blogger/insult-slinger

(Newser) - A Vogue model is suing to force Google to unmask a blogger responsible for a slew of catty comments about her. The blog, on a Google-owned site, labels Liskula Cohen "psychotic" and a "skanky" superstar. "We think we have a case," her lawyer told the New ...

China Lashes Out at Search Engines Over Porn

Tries to crackdown on 'vulgar' content

(Newser) - China is accusing Google, local rival Baidu, and other top search engines and Web portals of threatening public morals by linking to porn and other “vulgar” content, the Financial Times reports. Such Web censorship campaigns aren’t uncommon in China, but this is the first time it’s gone...

Geothermal Energy Hopes Are Booming
Geothermal Energy Hopes Are Booming
Dec 31, 2008 9:15 PM CST

Geothermal Energy Hopes Are Booming

Subterranean rocks could supply 10% of power by 2050

(Newser) - Hot rocks beneath the Earth's surface hold much promise for the nation's energy needs, but it's going to take big money to make the science work, the Christian Science Monitor reports. With $1 billion investment over the next 15 years, experts say geothermal power could provide 10% of the nation's...

Yahoo Will Keep Searchers' Info Only 3 Months
Yahoo Will Keep Searchers' Info Only 3 Months
ANALYSIS
Dec 17, 2008 3:38 PM CST

Yahoo Will Keep Searchers' Info Only 3 Months

Search firm now holds information for less time than Google, Microsoft

(Newser) - Yahoo will shorten the amount of time it will keep users’ personal data, Stacey Higginbotham reports for GigaOm. The firm will scrub page views, ad views, and search data after 90 days, though it will keep data flagged as suspicious for twice as long. Google and Microsoft recently proposed changes...

Google Seeks Special Online 'Fast Lane'

Dumps 'Net neutrality' support; wants preferred treatment

(Newser) - Google is quietly negotiating for preferential treatment from Internet providers in an about-face from its staunch support of equal network access for all content providers. The move could spark an industry-wide race for Internet "fast lanes" that would discriminate against less-funded sites and potentially curb users' online choices, reports...

Google Taps Zeitgeist, Finds Palin a Winner

Alaska governor went zooming up search charts in '08

(Newser) - Every year, Google releases its analysis of the global zeitgeist based on billions of searches around the world. Newsweek reports the highlights:
  • Sarah Palin: "Obama" was the most searched for term overall, but the Alaska governor grabbed the top spot on the fastest-rising list.
  • Beijing 2008: The world was
...

YouTube Partners Carve Out Niche, Rake In Cash

Sharing ad revenue boosts income for YouTube and lets videomakers hone skills

(Newser) - YouTube's "partnership" deal with users is generating cash for both sides, the New York Times reports. Splitting ad revenues helps YouTube avoid the copyright kerfuffles that have hamstrung much of its moneymaking potential. Hundreds of partners are making thousands of dollars a month, the company says, allowing some self-made...

Google Cuts Spending, New Projects

Company plans cuts in contract workforce, tightens perks as it refocuses

(Newser) - Times are tough even at Google, forcing the company to refocus on its core business, the search advertising that generates 97% of its revenue, reports the Wall Street Journal. CEO Eric Schmidt says the company has begun to trim not only some of its legendary employee perks, but unprofitable products...

Google Quietly Conquers With Irresistible Apps

Columnist worries about being so tied to giant, but everything just works so well

(Newser) - Despite near-total lack of marketing, Google finds its way into Web lovers’ hearts with an irresistible bundle of applications. “Having grown up in the vapor trail of the ’60s, I learned to be wary of large, centralized organizations,” David Carr writes in the New York Times. “...

Slashing Prices Online May Kill Etailers

Price wars sure to kill off some struggling e-tailers

(Newser) - Online retailers’ response to their first dreary holiday season is a price war so fierce many won’t see the new year. Web shoppers are trained to search for deals, and 75% say they would leave a site that doesn't offer free shipping, the New York Times reports. Fine for...

Google CEO: Energy Bailout Is a Must, Too

Adviser thinks Obama should open power grids, fund innovation

(Newser) - Google CEO Eric Schmidt thinks the government needs to fund a massive reinvention of America’s energy infrastructure, opening up the grid to startups and funding innovation, Information Week reports. It’s crucial “that small startups with funny names get founded and funded in the new regime,” said...

For Yahoo, Question Is: Who's Yang's Yin?

The next Yahoo CEO will have to take the Web portal in a new direction to sate Wall Street

(Newser) - Yahoo’s successor to CEO Jerry Yang could come from outside the Internet industry, as long as he has a strong operations background and the decisiveness to break the company’s culture of indecision, reports the Wall Street Journal. But even before hiring a CEO, the company needs to decide...

Yang's Departure Gives Microsoft New Opening
Yang's Departure Gives Microsoft New Opening
ANALYSIS
Nov 18, 2008 9:54 AM CST

Yang's Departure Gives Microsoft New Opening

Analysts see 'beginning of the end for Yahoo' as CEO steps down

(Newser) - Investors are hoping Jerry Yang’s departure will lead to renewed talks with Microsoft, BusinessWeek reports. “This is probably the beginning of the end for Yahoo,” said one. “Microsoft will probably come back with an offer.” Microsoft has repeatedly denied interest in reviving a deal, but...

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