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.

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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 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.

FTD: We Forgot About Search

Still think that search marketing is not important? FTD just realized they screwed-up their Christmas marketing efforts by not utilizing search. The result? The marketing exec was fired.

“The consumer business’s order growth for the 2005 Christmas season was below expectations [because of] our decision not to pursue high-cost order volume associated with online search,” FTD president/CEO Michael J. Soenen said in a statement. “In anticipation of continued competitiveness in the online search environment and to better manage the consumer segment business going forward, we have made management changes within this segment including the replacement of our head of marketing.”

I’m thinking of a new line of t-shirts – “Friends Don’t Let Friends Handle Their Own SEM Campaign

Google Tools on Your Next Dell Computer

Just three weeks ago, I wagered that we’d see Google Pack pre-installed on Dell computers before the end of the year.

According to eWeek, it may come sooner than later with news that some Dell laptops and desktop computers are being sold with two Google search features pre-installed.

Should Google Abandon “Do No Evil”?

Speaking to Brett Crosby last week, I know that “Don’t be evil” is something Google really does consider when making any business decision. That being said when Eric Schmidt makes comments like this, should they just go ahead and abandon it altogether?

“We concluded that although we weren’t wild about the restrictions, it was even worse to not try to serve those users at all,� Schmidt said. “We actually did an evil scale and decided not to serve at all was worse evil,� he said, referring to the company’s famous “don’t be evil� creed.

C’mon, since when does one wrong make a right? How large is this “evil scale” and how subjective is it?

Guys, I want to believe that you’re out to do what is right, but statements like this just add fuel to the “mockery-fire” you’re facing right now.