Latest Google Rumor

It’s funny, even when Google denies a rumor, it still makes the news. InformationWeek tries to make a story out of Google’s internal use of Ubuntu desktop Linux technology.

Google clearly told them…

“We utilize the Ubuntu technology for internal use, but have no plans to distribute it outside of the company,” the spokeswoman said. She also denied the company was using the name “Goobunto” internally for the software, saying, “It’s just an internal system.”

What’s next, speculation on a Google Cola, simply because they have Coca-Cola vending machines at the ‘plex? ;-)

Google Beefing-up Google Talk with VoIP Deal?

Mark Evans has news of a deal between Google and VoIP Inc, which will provide Google with internet telephony services. There are few details of the agreement, but Evans speculates…

So how does that fit into Google and, presumably, its Google Talk service? Perhaps Google Talk will be beefed up to become more Skype-like with SkypeIn and SkypeOut-like services as well as access to 911 and 800 service.

I’ve never used Skype, but I do use Google Talk. If they add “Skype-like” features, I’ll be all over it.

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Newspapers Want Share of Search Engine Success

A group of newspaper publishers say they have had enough of watching the search engines soar to success thanks in part to the content they publish.

According to CNet, the World Association of Newspapers (WAN) intends to “challenge the exploitation of content” by the Googles and MSNs of the Web.

The Paris-based group, which represents 18,000 newspapers, isn’t discussing what action it may take. WAN executives said in a statement that they want to explore their options and added that they understand search engines help them in one way: aggregating content and packaging it for consumers. But WAN noted that Web companies also “built their business models in large part on taking content for free.”

Should Google Have Warned Shareholders?

Google blamed a higher than expected tax rate for the reason it missed expected earnings, raising the question of whether they should have warned investors. That’s exactly what The Age asks

In the age of Sarbanes-Oxley, which aims to get more and better information to investors quickly, unexpected earnings misses create a dilemma for companies: If they know revenue or profit is going to come up short, are they obligated to disclose it in the course of a quarter?

“The senior management team should disclose that to the board,” said Craig Dunn, executive director of the Corporate Governance Institute at San Diego State University, when asked about the Google quarterly results. “The board, then, I think has a duty to report that to investors, whom they represent.”

Microsoft Internet Explorer (IE) 7.0 Sucks!

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UPDATE (Dec 10th): It seams more an more people are complaining about IE 7. Take a look at the increase in people finding this page:

I know Microsoft’s release of IE 7.0 is in beta, but I still didn’t expect it to be such a big piece of crap and cause hours of misery.

After the initial install, things seemed to be ok. I liked the new “tab” option (the staple of Mozilla browsers) and I liked some of the new features. However, what I didn’t like was that at least 20% of the web sites I viewed were not compatible with IE 7.0. In addition, 7.0 appeared to add the “ClearType” (horrible, horrible) font to everything!!! Not just web content but everything on my computer…it looked horrendous.

Google Sees 82% Profit Jump, Is It Enough?

Reuters reports Google’s net profit rose 82% in fourth quarter to $372.2 million.

Net income for the fourth quarter rose to $372.2 million, or $1.22 per diluted share, from the year earlier quarter’s $204.1 million, or 71 cents a share. Gross revenue grew 86 percent to $1.92 billion

The consensus Wall Street prediction for net profit was $1.51 per share, according to Reuters Estimates.

We’ll update with Wall Street’s reaction.

Update: After Hours market shows Google down 13%+ to $373. Ouch.

Update 2: I always find great analysis at TheStreet.com. Here’s their take on why GOOG is tanking.

Google Denies Napster Rumor

Google and Napster not about to do a deal, according to Reuters.

That kills that rumor.