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(You
MAY need the FREE QuickTime
plug-in to view and hear s90tv) • ReturnTop ReturnTop top top Part
03 /
Google
lets sites create customized Easy Searching tools,
FREE! More
Articles • Converging
News 442006 / TeleCom BuyOuts, Spinoffs and Asset
Seizure Boom Respectfully
Submitted • 109 / Education THIS
WEEK'S COVER • TVI
Magazine HOLLYWOOD
BEAT LookRadio AMAZON SoulFind NBS100 • top top 120 PIXELS 3
columns 40 40+110+570=720
- 102 smart90.com/tvimagazine/2006/4406/109CorpWallStreet1902-2007.htm/
•
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ˆ
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ˆ
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1.
Feature Story /
44th
Week October, 2006. As Google's Profit Soars 92% in
Third Quarter, investors cheered the results, which
came out after the closing bell on Wall Street.
•••
Also cheering are the historians that are now
comparing Eric Schmidt and the Google Boys with
styles of J.P. Morgan, Andrew Carnegie, George
Westinghouse, John D. Rockefeller, David Sarnoff,
and the Smart-Daaf boys during the early days of
AT&T and wireless.
•••
The Mountain View, Calif.-based company reported
net income of $733.4 million, or $2.36 a share, for
the three months ended Sept. 30, up 92% from $381.2
million, or $1.32, in the third quarter of
2005.
•••
Factors behind the company's strong quarter
included a blizzard of products and partnerships
Google has unveiled during the year, Chief
Executive Eric Schmidt said.
•••
Google struck a $900 million on several KudoDeals
to provide search results and Adsense plugs on
MySpace.com, Xingtv.com, DV90.com and the websites
maintained by Fox Interactive Media Inc.
•••
In the days
of radio and the wireless telephone, there were no
such a deal on Wall Street for the inventors of the
Smart-Daaf boy group; Marconi, Tesla, Stubblefield
and Fessenden, nor a solid company with a strong
quarter.
"In fact
say's publisher, Josie Cory, "the highs and lows of
public companies were measured in terms of
benchmarks named after
animals, the bear and bull.
•••
Unless the inventor or patent
holder was part of a monopoly, they declined to
cash in during the radio-wave boom. They quietly
built a highly profile business during the
pre-electricity days of wireless-telephone
doldrums, then . . . with
the help of
the Morgan's, Carnegie's, George Westinghouse,
pictured above, they raised
millions from investors, and sometimes, but rarely,
the originator of the innovation received both fame
and fortune.
•••
The Morgan
finacial system worked miracles for both Wall
Street and government. By drawing in more users of
the end products of the radio wave, like: programs,
content, and of course the radio and wireless
telephone unit itself, it brought in
E-advertising.
••
Ethnography and lyrics to music have changed
traditions. Google's founders and path to dominance
as monitizers followed a Silicon Valley tradition.
Founders Sergey Brin and Larry Page met as computer
science doctoral students at Stanford University in
1996 and began working on a better way to retrieve
information from huge piles of data, focusing on
the links that interconnect websites.
•••
After raising about $1 million in seed money, they
set up shop in a friend's Menlo Park garage and
focused on Web search when most Internet
entrepreneurs saw it as a low-value commodity.
•••
Google struck a $900 million deal in August to
provide search results and ads on MySpace.com,
Xingtv.com, DV90.com and the websites maintained by
Fox Interactive Media Inc.
•••
Google's valuation of almost $152 billion makes it
the third-largest technology company on that scale,
behind Microsoft ($289.7 billion) and Cisco Systems
Inc. ($164.8 billion). Brin and Page have benefited
handsomely -- each founder's stock holdings are
worth more than $50 billion.
Part
02 /
Schmidt
-- a former executive at Novell Inc. and Sun
Microsystems Inc. -- said that Google's growth
strategy is "in forming alliances."
•••
It's hard to imagine now, but Google's IPO
struggled to get off the ground. Holding an
unorthodox auction-style offering during a summer
month when many on Wall Street were away, Google
was forced to cut the value of its IPO in half
during the final hours.
•
•
Along with founders Larry
Page, 34, and Sergey Brin, 33, Schmidt has
shepherded the company from a money-losing start-up
to an Internet giant with a market value of $117
billion in five years. With their holdings each
worth billions of dollars, the three executives
draw annual salaries of $1.
•••
Heavy capital spending, not high salaries seem to
be the way to improve the performance of Google's
search engine. The Schmidt philosophy has been
paying off in record
numbers.
••• Since
then, its profit and revenue have leaped each
quarter. The company offers more than 50 online
services and employs 9,400 people, and it continues
to hire voraciously.
••
Google also reached agreements to place ads on
websites run by online auctioneer Ebay Inc, outside
the U.S. -- with the popular LookRadio.com and
Smart90.com, and agreed to distribute their video
clips as well as the video clips from Viacom Inc.'s
MTV Networks. Google's partnership with Intuit Inc.
will enable small businesses to use Intuit's
bookkeeping software to place Google ads.
•••
It was just last June during
a Q&A session for the LATimes that Google's
chief executive said, "Don't let the trinkets,
pets, free food, bouncy-ball chairs, and the lava
lamps standing around our headquarters fool you.
Google Inc. is serious, innovation is not just fun,
games, our focus is on cold, hard
numbers."
•
•
Schmidt said, "we're not
going to end up in the PC model" -- that everybody
talks about. The reason is because the advertising
industry, which monetizes it, is not a
single-solution
space.
•
•
After a hundred years of
consolidation, the media industries are down to
five mega-media companies.
•
Q: Is Google a media company
or a technology
company?
•
•
A: It's better to think of
Google as a technology company. Google is run by
three computer scientists, and Google is an
innovator in technology in our space. We're in the
advertising business
-- 99% of our revenue is advertising-related. But
that doesn't make us a media company. We don't do
our own content. We get you to someone else's
content faster.
4.
Related Stories
/ FREE WEB TOOLS FOR EASY SEARCH
•••
Google Inc. celebrated its monetary profits by
unveiled a radically new approach to online
searches. Google is offering a free service that
lets a website operator create a tailored search
engine to scour an index of handpicked sites.
•••
Anyone who has used Web search engines knows the
frustration of trying to find the desired
information embedded in pages of results. Google's
Custom Search Engine adds human intelligence to the
company's hyper-efficient automated process,
presumably increasing the relevance to the user.
CLICK FOR MORE STORY
What
does Rollyo do?
•••
Rollyo
does away with irrelevant results through its
personalized search engine, which combs a
hand-selected collection of Web resources.
Eurekster Inc. similarly aims for focused results
by giving more control to users by giving
publishers some measure of editorial voice in their
search pages, while at the same time creates more
opportunities to sell advertising. -
MORE
ABOUT ROLLYO and SinTrends
Josie
Cory
Publisher/Editor
TVI Magazine
•
• TVI
Magazine, tviNews.net, YES90, Your Easy Search,
Associated Press, Reuters, BBC, LA Times, NY Times,
VRA's D-Diaries, Industry Press Releases, They Said
It, SmartSearch, and Wikipedia, the free
encyclopedia were used in compiling and
ascertaining this Yes90 news
report.
•
• ©1956-2007.
Copyright. All rights reserved by: TVI
Publications, VRA TelePlay Pictures, xingtv and Big
Six Media Entertainments. Tel - 323
462.1099.
Smart
Daaf Boys -
Products
Troy
Cory Show / DVDs VRA
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GOOGLE
KudoADS
We Preserve The Moment
Yes90
tviNews S90 102
As Google's beats Wall Street's 2006 Profit
forecast.
Google
celebrates with freebies to users to create -- Your
Easy Search
tool.
In 1902, it was J.P. Morgan and Andrew Carnegie,
George Westinghouse, Marconi,Tesla, Stubblefield
and Fessenden that created exitement . . . today
it's all about Eric, Sergey, Larry, Steve, Bill and
Warren. •
/ Feature
Story / • 109CorpWallStreet1902-2007.htm
/
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