October 9th, 2007 by Lloyd Gofton
It’s been a busy day in the world of Google. First of all, news reached us this morning that Google shares have risen above the $600 mark for the first time. Not bad considering Google’s stock launched at $85 a share in 2004.
Then came the news that Google will be allowing websites in its ad network (AdSense) to embed videos from some YouTube content creators. This offers Google a new source of ad revenue, which will of course need to be shared with the content creators and sites that embed them.
However, the news that interested me the most broke this afternoon, when Google announced that it had acquired the Finland-based SMS and microblogging service Jaiku, competitor to the better known Twitter.
This is another telling move, proving the all-encompassing Google development arm is now focusing on mobile and social networking…and everything in between. Mike Butcher at TechCrunch has the full story.
Interestingly, Steve Rubel is giving Twitter 45 days to be sold, and he thinks Yahoo! will be the most likely suitor.
Oh and while i’m doing a Google news rundown, I should also mention that Google and IBM are partnering on a university project to provide data centres holding 1,600 computers that students will be able to use to learn cloud computing.
Or as Eric Schmidt put it: “In order to most effectively serve the long-term interests of our users, it is imperative that students are adequately equipped to harness the potential of modern computing systems and for researchers to be able to innovate ways to address emerging problems.”
Now the weather…
Technorati tags: google, jaiku, twitter, ibm, news, cloud+computing, social+networking, mobile
Tags: cloud+computing, google, ibm, jaiku, mobile, News, Social networking, twitter
