Google Announces Increased Profit and Revenue

Reuters has details of Google’s Q3 announcement

…quarterly profit rose 92 percent as the company tightened its grip on the Web search market.

Net income for the third quarter grew to $733.4 million, or $2.36 per diluted share, compared with the year-earlier quarter’s $381.2 million, or $1.32 per share.

Gross revenue rose 70 percent to $2.69. Excluding traffic acquisition costs of $825 million, the financial cut which affiliated Web sites receive for featuring Google advertising, revenue rose to $1.87 billion.

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Google Employee Adds Personal Post to Official Blog

I’ve lost track of the number of times I have posted to the wrong blog (my personal blog, instead of this one). It usually happens when using the “Blogger” button in the Google Toolbar – it defaults to the most recently updated blog, not the one you select as “default”.

Anyway, I’m glad to hear that even Google employees can make this mistake

A Google Inc. employee mistakenly posted information to an official Google blog that she had intended to publish in her personal blog…two postings about skull-shaped candies appeared on Blogger Buzz, the official blog of this Google blog publishing service.

The postings were quickly removed from Google, but it shows that blogger is perhaps not robust enough to manager large-scale corporate blogs.

AdSense Leading Google’s Growth?

ClickZ takes a look at the contribution Google’s contextual ad network, AdSense, is making to the growth of Google’s revenues.

A big part of what’s driving that growth is the expansion of AdSense, Google’s mammoth contextual ad network. While
second quarter earnings pegged revenues on Google’s own sites higher than on AdSense sites ($1.43 billion versus $997 million), AdSense has the larger reach, according to Kim Malone, director of AdSense online sales and operations.

Having spent some time with the Yahoo Publisher Network team, I can tell you that they realize the huge potential of contextual networks too. They showed some very promising developments and plan for growing the YPN network. I’d reveal more, but I lost track of what was under NDA and what wasn’t, and, not being partial to waking up with a horses-head laying next to me, it’s best I err on the side of caution. ;-)

How Social Networks Can Make Money

CNET looks at the complex task of actually making money from a vast social network site.

Social networks attract plenty of visitors but have had a tougher time attracting advertisers who may be wary of associating their brands with inappropriate content….New technologies are being developed to help make social networks more attractive to advertisers.

It’s a long article, so grab the coffee first. ;-)

Amazon Launches Askville

Amazon is apparently inviting select customers to join a new community it is calling Askville, according to overstated.

As a valued Amazon customer, you’ve been specially picked to get an early look at a new website called Askville where you can ask any question on any topic and get real answers from real people. It’s new, and best of all, it’s free!

While Google Answers was the first, Yahoo Answers has grown the fastest, simply because, unlike Google, Yahoo doesn’t make a charge for each question. Amazon takes the “free” format a step further, by actually offering rewards to those who ask and answer questions.

Google Integrates Dodgeball

Back in May of last year, Google acquired mobile social network, dodgeball.com. The service allows users to find nearby friends using their cell phones.

TechCrunch has noticed that dodgeball has now been integrated with Google Accounts, as the company steps-up its efforts to attack mobile search.

I wonder if it will take Google as long to integrate YouTube with Google Accounts.