For a long time, Mozilla and Google were a match made in heaven. Both of them were spunky open-source aficionado and that common goal sent them into each other’s arms; even now, the vast majority of Mozilla’s funding comes from a search deal between the two organizations. Then, with the launch of Chrome, things got complicated. Google wasn’t quite the same search engine Firefox fell in love with. And now, Mozilla is officially Keeping Its Options Open with the unveiling of the new “Firefox with Bing” Browser.
Minister, sales charts-topping rapper, stylish innovator, funky headhunter: all those words can be used to describe the oddball career of MC Hammer. But there are a few more that you may not know about, like, say, “tech start-up investor.” Hammer unveiled his newest scheme at the Web 2.0 Summit in San Francisco yesterday; the interestingly named WireDoo is a Hammer-powered search engine, and it’s all about relationships.
So how do you spend your typical day on the Internet? If you spend most of your time trying out new Chrome extensions, trolling forums or debating the pros and cons of one computer chassis over another, congratulations; you've taking the Maximum PC ethos to heart. Even so, you're probably forgetting just how often you shoot off emails or sift through Google search results. A new report says that those two activities are still the most popular time-sucks online. Shocker, huh?
Google has a reputation for attracting the top industry talent at top dollar, which is why when a companywide raise of 10 percent was announced last week everyone took notice of their generosity. Given the sheer number of in-house employees it’s a move that would cost the company millions, but it too has now been slightly overshadowed by executive raises that are rumored to be in the 30 percent range. This would raise the salary of the seven executive officers to a whopping $650,000 from the current $500,000. The news was filled with the U.S. Securities and Exchange Commission late Friday.
In addition to the salary bump the Google executives are also getting new stock options which range between $5 and $20 million each. Interestingly enough CEO Eric Schmidt, and co-founders Sergey Brin and Larry Page declined the 30 percent raise on their $1 a year salaries, but for a very good reason. The three men combined control more than half of Google’s stock, a fortune that totals in the billions.
Microsoft announced today at the Web 2.0 Summit that it would integrate Twitter and Facebook streams into its online search engine, Bing.
So what does this mean to you the average interweb surfer? Well, it’s bringing closer to realization the idea of a “real-time web”. When you search for things now, you will find content that could be days, months, or years old. However, in a real-time web scenario your searches could yield results with up-to-the minute accuracy. Expos with revealing keynotes, product unveilings, and travel information all can benefit from minute-by-minute updates like tweets and Facebook status updates. The Facebook integration is still a work in progress, but twitter results are live as of today.
By the way, did I mention Google also signed the exact same deal with Twitter today? They will be working tweet results into their regular search results over the next few months. They haven’t given any indication that they are working on a deal with Facebook.
It is worth nothing that Facebook and Google do not get along very well. Therefore, hanging on to Facebook exclusively might be Microsoft’s ace-in-the-hole by providing results you can’t get anywhere else, inevitably driving up its market share.
Yahoo’s CEO Jerry Yang has scored a major victory against corporate raider Carl Icahn ahead of the crucial board election on August 1. Legg Mason’s Bill Miller, who owns a 4.4% stake in the internet company, has vowed his allegiance to Jerry Yang and the current board. Bill Miller’s support is being inferred as a fatal blow for Icahn’s Microsoft-backed proxy war as analysts don’t expect any institutional investors – that hold a stake in Yahoo – to back the boardroom coup.
The only glimmer of hope for Icahn is Gordon Crawford, who controls a substantial 6.5% stake. Gordon has hinted that he can align with Icahn but remains undecided. Yang wants to leave nothing to chance and wants to finalize a deal with AOL before the upcoming board elections, however, the chances of the deal going through ere Aug 1 remain slim.