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Instant messaging is already well established, of course. Yahoo!, MSN and AOL (owned by TIME's parent company, Time Warner) have offered it for years. And Net telephony provider Skype has 51 million people using its system. So why would Google, with an $80 billion empire built entirely on search, bother playing catch-up on a product that seems unlikely to earn it much money? The same reason a hotel offers free wi-fi, says Scott Cleland, CEO of Precursor, an investment research firm. "They're not doing it to make money on wi-fi. It's to get people...
...sure, you can already access an estimated 10 billion pages of online text--thanks to Google, Yahoo!, MSN and other search engines. Americans conducted more than 4.8 billion searches in July--a 22% increase over July of last year, according to a study by comScore Media Metrix. But who needs 14,120,000 results in response to a simple question? People don't want a list--they want an answer...
While Google is still the forerunner in search, with 36.5% of the queries, Yahoo! is a strong runner-up, with 30.5%, and MSN stands at 15.5%, according to comScore Media Metrix. In mid-August, Google announced that it plans to raise an additional $4 billion to fund its next round of growth. The Big Three are investing aggressively in search technology, and with their deep pockets, they are likely to remain the innovation and market-share leaders for some time to come. But a crop of new start-ups, mostly clustered in Silicon Valley and Seattle, offer a glimpse...
...Earth project is flying planes over cities to take pictures. The aim is to have views from all directions so users can circle buildings onscreen--a bit like being in a video game. "This is going to a fully immersive virtual-reality experience," says Erik Jorgensen, general manager of MSN Local Search and MapPoint...
...China, the Internet crowd is partying like it's 1999. Stocks like Sohu and Sina.com - Yahoo! or MSN equivalents - are soaring. IPOs are hot (Baidu.com, a.k.a. the Google of China, debuted on the Nasdaq recently and quadrupled in price on its first day of trading). And so important is China to e-commerce giant eBay that CEO Meg Whitman has been camped out in sweltering Shanghai for most of the summer, making sure eBay gets its China strategy right...