Wednesday, October 12, 2005

Google.org - Google Philanthropic Foundation endowed with $90 millionby Google Inc

Google Commits Funds to Philanthropic Arm - Forbes.com: "Google Inc. is financing its promise to make the world a better place with an initial commitment of nearly $1 billion to a philanthropic arm devoted to causes that mesh with the online search engine leader's crusade...

Brin and Page have since decided their company's ambition extended beyond the limitations of a traditional foundation, prompting them to pool all the company's philanthropy under Google.org.

"We hope someday this institution may eclipse Google itself in terms of overall world impact by ambitiously applying innovation and significant resources to the largest of the world's problems," Brin wrote...

the company is endowing the Google Foundation with $90 million and budgeting another $175 million to invest outside the foundation, said Sheryl Sandberg, Google's vice president of global online sales and operations. Google is investing outside the foundation because it plans to put some money into "socially progressive" companies striving to turn a profit...

Google is pegging its total philanthropic commitment to the value of 3 million company shares - slightly more than 1 percent of the stock outstanding at the time of its IPO 14 months ago...

The Google Foundation already has started to give away some of its money. Several million dollars will be donated to the Acumen Fund, a nonprofit venture that also has received money from the Rockefeller Foundation and the Cisco Systems Foundation. The Google Foundation also is backing separate projects working to protect the water supply in rural Africa and to promote business startups in Ghana"

Monday, October 10, 2005

Google Feed Reader

Google Reader: "Reader makes it easier to keep up with your ever-expanding reading list of content from across the web."

Holizz versus the Web Blog Archive Google Reader lets: "you subscribe to a feed when youre already at a website and you cant be bothered to go to Reader and search for the feed?..It finds the author’s preferred feed and takes you to the preview page where you can subscribe. It only has one real bug; it takes you to a blank page with a cryptic message if there are no feeds listed on a Web page."

Sunday, October 09, 2005

Google localises online maps search feature

CTV.ca | Google localizes online maps search feature: "Google Inc. is combining its popular online maps with its local search features, continuing a quest to increase its already rapidly rising advertising revenue.
...
The hybrid service blends addresses, phone numbers, maps, driving directions and other details, like user reviews and credit card information, on the same Web page. Google also offers a satellite-mapping option that provides an aerial view.

By combining maps with local search, Google is following its rival Yahoo Inc. (Nasdaq:YHOO - news), which already provides a similar package, said industry analyst Greg Sterling of the Kelsey Group."

Google Local: "Example searches:
Go to a location
kansas city
10 market st, san francisco
Find a business
hotels near lax
pizza
Get directions
jfk to 350 5th ave, new york
seattle to 98109"

The Google Sun Microsystems Deal

Google and Sun are going for open source development as a means to hinder Microsoft in various ways. Together they form a strong challenge to Microsoft. Google rich in cash has no need to charge for software. Open source software is cheaper to develop anyway because of support due for such systems from the wider tech community. Expect a lot more to come from this partnership soon.

More on the Google Sun Microsystems Deal: "Google is gunning for Microsoft, using the Java Sun Microsystems as its muscle, and Google's strategy goes far beyond pushing Microsoft around.

Under the terms of the deal, the Google Toolbar will be bundled into downloads of the Java Runtime Environment. Java will be used to power new software developed and released by Google, effectively endorsing Java and nailing Microsoft's .Net as an emerging development platform. "


Google ETA? 300 years to index the world's info | CNET News.com

Google still on mission to index all the information in the world and money to be made from offering free WiFi.....has to be advertising..

Google ETA? 300 years to index the world's info | CNET News.com: "It could take 300 years to index all the world's information and make it searchable, Google Chief Executive Eric Schmidt predicted on Saturday at the Association of National Advertisers annual conference in Phoenix.

Schmidt admitted to the audience of advertisers that when he first arrived at Google four years ago, he viewed ads from a skeptical consumer standpoint. Shown ads on Google, he thought "You've got to be kidding! People actually click on this stuff? And they do."

He said he quickly realized, though, that "ads actually do have value if you can figure out the right ones to show."

Technology and the interactivity it enables, such as the ability to measure an Internet ad's success rate by viewing how many people click on it, is shifting power in the advertising industry from executives at corporations to consumers, he said.

"The power is moving from us to the end user; it's occurring by the power of the personal computer, by the power of the cell phone," he said. "Thirty years ago we would make the decision (about ads). Now, that person, that individual makes that decision

During the question and answer session, audience members turned to social, ethical and legal topics. One question dealt with criticism Google and Yahoo have received for cooperating with Chinese government censorship efforts. "The technology is neutral. It can be applied for good or evil," he said. "Overwhelmingly, the message of technology is a positive one."

Previous Next Asked to explain why Google has submitted a proposal to provide the city of San Francisco with free wireless Internet service, Schmidt said the plan arose out of work several engineers did on a system that would allow companies to make money offering such a service. "It's an interesting experiment," he said. "If it scales and if it is successful, we think it's going to be very good for the world.""