Google to Reach $600?

Piper Jaffray analyst Safa Rashtchy predicts Google will reach $600 this year. Why such a high target?

Rashtchy points to the company’s ability to continually dominate the paid-search business. In 2005, he estimates that Google accounted for 64% of the $10 billion generated in global search sales. On a net basis, or excluding what Google pays out to its distribution partners, the search firm is estimated to generate $4 billion in revenue for all of 2005.

This year, the analyst expects Google’s net sales will grow by 58% vs. an overall paid-search market growth of 41%. Analysts currently predict Google will grow net sales by 60% this year, so Rashtchy is in line.

Rupert Murdoch Learns Bloggers are Fickle

The NY Times reports News Corp suffered a backlash from MySpace “bloggers” when the company tried to censor any mention of competitor, YouTube.

Proof for many of those people came earlier this month, when MySpace users began to notice that any references to YouTube, a video-sharing site and a competitor, were erased or blocked from appearing on My-Space. Some MySpace users also reported that when they tried to download videos from YouTube, a patch of white space appeared instead.

It appears to be a “simple misunderstanding” and all links to YouTube are now back. However, News Corp has learned a valuable lesson.

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Just 4% of Fortune 500 Have Blogs

Chris Anderson (of Wired magazine) has decided to track the number of Fortune 500 companies blogging. So far, his research suggests that only 4% of them have any kind of public blog.

Wikipedia Waffles on Ads

Lots of discussion as to whether Wikipedia is planning to implement advertising on its site or not.

Why Your Company Needs to Monitor Blogs

Ok, you’re probably tired of me touting our online reputation monitoring (promo) services, but I’m telling you, this is going to be huge in 2006.

CNet takes a look at some of the companies monitoring the blogosphere and examines some of their experiences.

[Hewlett-Packard] considers bloggers–especially chief-level executives, journalists and “influencers in our market”–to be valuable filters for what people think about its products and services.

“The blogosphere is a great place for customer intelligence,” he said. “Things are happening very fast. Bloggers are considered to be people with real strong opinions. So it’s a place where people are being really honest about what they think.”

Canon, Ford Motor, Microsoft, Nokia, Philips, Sony, Procter & Gamble and Toyota are just a few of the many companies tracking their online reputation.

Google Home PC’s Coming?

The LA Times is reporting Google may announce the launch of a Google home computer system.

Sources say Google has been in negotiations with Wal-Mart Stores Inc., among other retailers, to sell a Google PC. The machine would run an operating system created by Google, not Microsoft’s Windows, which is one reason it would be so cheap — perhaps as little as a couple of hundred dollars.

Bear Stearns analysts speculated in a research report last month that consumers would soon see something called “Google Cubes” — a small hardware box that could allow users to move songs, videos and other digital files between their computers and TV sets.

The Million Dollar Homepage

British student Alex Tew sells each of the million pixels for $1 each on his Milliondollarhomepage.com. The result? Almost $1 million in the 21-year-old’s pocket.

Why didn’t I think of that?!?

Via CNet.