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All Things Google: Eric Schmidt Says Google Vs. Apple Defines Industry

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Plus, Google and Amazon's foray into customer financing could be a sign of weakness, and more!

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This column highlights the most interesting and useful news and commentary on Google every week.

Wall Street Pit
Link:
Google Vs Apple Is the Industry's Defining Fight: Eric Schmidt
"Google (NASDAQ:GOOG) Executive Chairman Eric Schmidt believes the intensifying battle between Google's Android and Apple (NASDAQ:AAPL) for supremacy in the mobile market could be the defining fight in the IT market today...'The Android-Apple platform fight is the defining fight in the industry today,' Schmidt said during an interview...Without naming his source, Schmidt, who expects more than a billion mobile devices around the world to be running on Google's mobile platform Android within a year, said Google had seen surveys showing that four Android devices sold for every Apple device."

Entrepenuer
Link: How Tech Giants Like Google and Apple Want to Improve the Internet

"This week, Google, Apple, Facebook (NASDAQ:FB) and other major tech companies announced that they had joined forces to launch Web Platform, a repository of knowledge and best practices for web technologies. As with Wikipedia, anyone can contribute, and hundreds of people already have...Along with volunteers from some of the "steward" companies -- which also include Adobe (NASDAQ:ADBE), HP (NYSE:HPQ), Microsoft (NASDAQ:MSFT), Mozilla, Nokia (NYSE:NOK) and Opera -- Web Platform is run by members of the World Wide Web Consortium (W3C), an international group focused on creating web standards."

CNET
Link:
Google and LG's Nexus 4 Outed by Carphone Warehouse
"Google and LG's Nexus smartphone is getting closer to reality after it popped up Carphone Warehouse's inventory system...The listing is just the latest indication that LG (NYSE:LPL) will be at least one of the companies releasing a Nexus smartphone, which Google uses to showcase the latest version of its Android mobile operating system. On Friday, CNET confirmed that the phone would be coming out later this month..."

The Gaurdian
Link:
Google's Privacy Policy: EU Data Protection Chiefs 'to Act Within Days'
"Google's unilateral change to its privacy policy in March will come under fire from European data protection commissioners within days, sources say....the controversial changes, in which Google tied together the previously separate data collected under services including its search engine, YouTube and Google+ were announced in January and implemented two months later....That attracted widespread criticism – and now the group of 30 data protection commissioners from across the European Union are believed to have determined that Google has breached EU privacy laws."

Ars Technica
Link:
How Much Do Google and Facebook Profit From Your Data?
"So that data you're giving away online is worth something, but have you ever taken a stab at figuring out how much?...Privacyfix measures your last 60 days of activity on Google, extrapolates that to a year, and uses a value-per-search estimate. Analysts believed Google was making $14.70 per 1,000 searches in 2010, and possibly less in 2011. Of course, if you spend all your time searching for luxury hotels or mesothelioma lawyers-and then clicking through the advertised links-you're much more valuable than the average user."

Wall Street Journal
Link:
Google, Publishers Shelve Book-Scanning Suit
"Google and major book publishers have settled a lengthy legal battle over digital copyrights, but a bigger dispute still looms with thousands of authors who allege that Google is illegally profiting from their works...Google worked out a $125 million settlement with publishers and authors in 2008, only to have a federal judge in New York reject it..."

Washington Post
Link:
Google Launches Credit-Card Program for Small Businesses
"Last month, the Internet giant launched its 'Google for Entrepreneurs' campaign, a site marketing Google technology to small businesses. Now, it's offering credit cards to small businesses - but the plastic can only be used toward AdWords, Google's search-engine fueled advertising technology."

Forbes
Link
: One Dangerous Sign for Google and Amazon Stocks
Google and Amazon.com (NASDAQ:AMZN) are among the most popular stocks on Wall Street these days, and for good reason...Google is a dominant player in the fastest growing segment of the Internet and mobile devices - Web site searching, on-line advertising, and mobile software....Google in particular is trading at an appealing Forward PE (fye Dec 31 2013 of 15.35)....But there's something that bothers me lately: The foray of the two companies into customer financing....While there's nothing wrong and unusual about large companies helping their small customers with financing, especially for companies with a fat chest of cash, it may be a dangerous sign for the future of these companies, for two reasons..."

Twitter: @brokawbrokaw
No positions in stocks mentioned.
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