Google CEO Eric Schmidt has acknowledged he realized upfront that he was overpaying to acquire YouTube, to the tune of $1 billion, judged by any conventional measures.
Technology market research firm Gartner Inc has published the 2009 "Hype Cycle for Emerging Technologies," its effort to chart out what's hot or not at the cutting edge of hi-tech jargon. It's just one of an annual phalanx of reports that handicap some 1,650 technologies or trends in 79 different categories for how likely the terms are to make it into mainstream corporate parlance.
There’s not much news coming out of D7, the Internet executive chat fest, other than that Yahoo’s new CEO is willing to accept “boatloads of money” to sell the company’s Web search business, if Microsoft were willing to pay. They are still talking, sort of. But that is so-o-o last’s year’s story. Move on.
Google famously made “don’t be evil” its official mantra a few years ago.
But a new, 7-word phrase may well end up Google’s most-used, unofficial slogan, as company officials take turns repeating “we don’t comment on rumor or speculation” in response to reports that Google is in talks to buy microblogging startup Twitter.
Facebook CEO Mark Zuckerberg may have traded in his Adidas flip-flops for tennis shoes, but he was as coy as ever when it came to talking about the social network. On stage at the Web 2.0 Summit in San Francisco, host John Batelle asked Zuckerberg about Dubai, referring to rumors that Facebook CFO Gideon Yu was in the Middle East seeking financing from the sheikhs.