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Google finally has a way of generating revenue without ads...
It looks like the long-rumored "Google Wallet" is real
This is both good for Google - they will finally have a great source of revenue outside of ads, and good for the consumer - as this will no doubt become extremely popular.
This is both good for Google - they will finally have a great source of revenue outside of ads, and good for the consumer - as this will no doubt become extremely popular.
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The importance of Google Wallet
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I agree the China thing is a bit scary. However, for Google as a company, it's a good move (IMO). China is the next big world power, so Google is looking ahead and getting in good with our new overlords. But seriously, I'd have to say that Google being in China is a good thing overall. Bringing internet into China will eventually open them up. It's impossible to completely censor the internet, and although I'm sure Google makes some concessions as to filtering some search items, there's still plenty that gets left in. And, seriously, from a business standpoint...it's quite the untapped market. Overall, though, I would have to agree that's a sketchy situation.
The AOL thing is weird. I would hope that it's some sort of content partnership and not google looking to actually buy AOL. The media seems to up-play everything Google does, so it wouldn't surprise me if most of the rumors are just fluff.
The RSS reader is beta. I was honestly surprised to see it come out so soon. But I think the "release early, release often" philosophy really shines in that arena.
I'd also like to point out that my opinions don't neccessarily reflect the opinions of my employer. I'm just encouraging discussion here.
Besides this, Google's brand is based on Search. When anyone thinks of Google they think of search. When I think of the term "Google Wallet" mental conjectures of a guy frantically looking for his wallet arise in my mind. I don't want to be searching for my money.
1. China blocks some Google pages
and
2. China blocks *all* Google pages
Given those options, I think they made the right decision. It goes without saying that the real culprit is the opressive Chinese government, not the people and corporations they bully into submission. Funny, here all this time I thought it was invented to create a decentralized network between major university and military computers. I guess that's why bandwidth and hosting costs are at an all time low, and home broadband speeds keep rising. Pretty soon, the costs of running a major site will be so low, only the mega-rich will be able to afford it. I find the reverse to be a whole lot more plausible. First, I don't get the impression that Bill Gates is a terribly greedy person.
Second, if he *did* have a burning desire to own a bunch of shares of Google or Yahoo stock, I think he would have bought them already.