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Submitted by Scott Cleland on Fri, 2008-08-29 10:30
Don't miss the excellent Op Ed in the Wall Street Journal European Edition strongly criticizing net neutrality -- "Stuck in Neutral."
Submitted by Scott Cleland on Tue, 2008-07-22 22:03
Submitted by Scott Cleland on Thu, 2008-07-17 20:33
Growth: 39% YoY revenue growth on a ~$20b base, in a slowing global economy is impressive. Hats off to Google. Lots of network effects at work as Google sites revenue grew 42% YoY.
Tone: I did note the slightest whif of humility this quarter that external factors had some effect on Google's business, in stark contrast to last quarter's more bold statement that Google saw no effect of the external market or economy on Google's business.
DoubleClick: As I suspected, CEO Schmidt said in an answer to a question, that Doubleclick was going well but that he would not break out any information -- in Google's well-established sorry-Charlie-style... no insight or guidance for you... The only thing interesting that was said about DoubleClick was indirect, in that Sergey Brin said that the big problem in display is that it is highly-fragmented." Couple that with CEO Schmidt indicating that Google was only months away fom offering a one-stop advertising solution, one can surmise that Doubleclick will indeed prove to be a material growth kicker to help Google fight off some of the natural drag of the law of large numbers.
Mention most worth follow-up: In Q&A my ears perked up when the CFO explained part of a cost jump was "legal costs" and CEO Schmidt chimed in that these costs were "bursty." I am amazed that a $20b company that gives minimal detail would mention that legal costs were a factor. Do you know how unusually big a legal number has to be to pop up in an earnings call? Did they settle some case that we don't know about? or is the Viacom-Youtube discovery work a lot more costly than Google has let on? Something is amiss and worthy of followup.
Submitted by Scott Cleland on Sun, 2008-06-29 17:23
Kudos to Jim Harper of Tech Liberation Front for eliciting a comment from Google's Vint Cerf on Mr. Cerf's public ruminations in favor of 'nationalizing the Internet' which was reported first on TechCrunch and which prompted me to post why nationalizing the Internet was such a horrible idea.
While claiming his comment: "Should the Internet be owned and maintained by the government, just like the highways?" -- was taken out of context -- Google's Mr. Cerf essentially repeats in his comment to Jim Harper's post -- the thrust of the thinking that has created the bruhaha:
I think it is pretty clear that while Mr. Cerf may not have liked the "nationalized" term TechCrunch's Erick Schonfeld used in his headline to describe and denounce Mr. Cerf's thinking -- it was indeed accurate -- given how Mr. Cerf reiterated in his comment his desire for the Internet to be more like the "public road system."
Submitted by Scott Cleland on Mon, 2008-06-16 12:54
The reality of market pricing for Internet usage is naturally gaining more attention.
The big economic takeaway here is that in a free market Internet, where users have very different demand: i.e. needs, wants and means for speed, usage, mobility, latency, immediacy, reliablity, flexibility and other attributes -- suppliers (ISPs, application providers and content providers) must have the freedom to innovate, experiment and provide a diversity of choices, at a diversity of prices in order to meet the diversity of demand from users.
The big political takeaway here is that Internet "fairness" is not legislated/regulated net neutrality or a one-tier Internet where all bits must be treated the same and where light Internet bandwidth users must subsidize heavy Internet users -- but real and practical Internet fairness comes from users paying their way, paying for what they use above a certain amount and not expecting others to subsidize one's extreme bandwidth usage.
Submitted by Scott Cleland on Mon, 2008-06-09 19:23
I wanted to follow up and build upon my post of last week: "The logic of Internet Pricing Diversity and the Fantasy of free limitless bandwidth."
I believe U.S. Internet access consumers have come to understand at least two truths:
Unleashed: Transcript of Griffin/Cleland talk on Google, net neutrality, monopolies, click fraud, privacySubmitted by Scott Cleland on Thu, 2008-06-05 19:05
For those who like the written format, here is the link to the transcript of Chip Griffin's interview of me on all things Google.
This interview turned out to be one of the most comprehensive and in-depth discussions I have had on all things Google -- that's been captured for web listening or reading.
Submitted by Scott Cleland on Wed, 2008-06-04 19:19
The free market Internet works. Both Time Warner Cable and Comcast are logically and naturally experimenting with free market solutions to address increasing network congestion problems that threaten quality of service, because of extremely high and disproportionate bandwidth usage by a small slice of the broadband population.
Free market experimentation is the best, fastest and most efficient finder of solutions to complex difficult problems.
Free market competition produces a diversity of choices for consumers, which is essential because consumers have a diversity of wants, needs and means. A free market naturally provides a diversity of supply offerings to meet the diversity of consumer demands.
Submitted by Scott Cleland on Tue, 2008-06-03 18:41
Here is the link to Chip Griffin's 28 minute interview of me on "Conversations with Chip Griffin," an in-depth conversation about many of the reasons why I believe Google is becoming such a big problem and why I personally spend so much time focused on Google.
I believe you will find it an informative, interesting, and entertaining interview covering all things Google, the online economy, net neutrality etc.
Submitted by Scott Cleland on Thu, 2008-05-29 12:23
I had to chuckle when I saw the headline: "Google CEO: Get Ready for Cellphone Ads" on the US News and World Report Blog.
While Google's standard line is that Google is all about the "user" -- stories like this shed light on the truth -- it's really all about Google.
Google's self-centered, megalomaniacal mission to organize the world's information to be accessible and useful to Google -- blind Google to the very different privacy reality of the cellphone world: