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AOL Names Former Google Exec as CEO
AOL Names Former
Google Exec as CEO

AOL Names Former Google Exec as CEO

(Newser) - AOL is getting a new CEO. Tim Armstrong, a senior vice president at Google, will replace Randy Falco, who took the job in late 2006. Falco is leaving along with president and COO Ron Grant. The shakeup could mean that a Time Warner spin-off of AOL is more likely. Time...

New Search Engine Won't Delete Google

(Newser) - A British math whiz plans to roll out a revolutionary search engine this year, but that doesn't mean Google is doomed, Saul Hansell writes in the New York Times. “Google is a company,” while the search engine "is a technology," Hansell writes, responding to a blog...

Tech Stocks Fall; Dow Down 80
 Tech Stocks Fall; Dow Down 80 
MARKETS

Tech Stocks Fall; Dow Down 80

Google remains below $300

(Newser) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79....

Firms Reprice Employees' Worthless Stock Options

Repricing plans toss lifeline to 'underwater' stock option holders

(Newser) - Major firms are trying to boost morale by giving workers another chance to profit on stock options made worthless by the stock market dive, the Washington Post reports. Many employees—especially execs—are currently stuck with "underwater" options with a strike price above the trading price. Close to...

Google's Twitter Attracts 27K Followers—in 2 Days

First tweet spells 'I'm feeling lucky' in binary

(Newser) - Google’s Twitter feed has attracted a staggering number of readers in the two days since it launched, proving that the micro-blogging service is already a fixture of internet culture, cNet reports. Google’s feed already has 27,176 followers—not as popular as Barack Obama, whose Twitter has 333,...

Google Denies It's Atlantis
 Google Denies 
 It's Atlantis 

Google Denies It's Atlantis

(Newser) - Google has rebuffed a claim that Google Earth 5.0 helped uncover the lost city of Atlantis, vnunet reports. The undersea lines spotted by an engineer are not streets, a Google spokesperson said, but traces of boats gathering data with sonar technology. Google Earth has aided in other "amazing...

Did Google Ocean Find Atlantis?

Or just seabed measurements collected by boats?

(Newser) - A mysterious grid of lines spotted by a British aeronautical engineer using Google Ocean may be the fabled lost city of Atlantis, experts tell the Telegraph. The rectangular region—roughly the size of Wales—is located near the Canary Islands in a region believed to be a likely spot for...

Google to Fight All Patent Lawsuits
Google to Fight All Patent Lawsuits

Google to Fight All Patent Lawsuits

Search firm worries it's seen as easy target for settlements

(Newser) - Google is pursuing a more aggressive litigation strategy in an attempt to curb the number of patent lawsuits filed against it, Bloomberg reports. The company originally tended to settle lawsuits, getting rid of them quickly. But management is worried that doling out settlements has made it look like an easy...

Google Earth Sparks Texas Treasure Dispute

(Newser) - A California man who used Google Earth to locate a 19th century Spanish treasure ship is suing for the right to excavate on private land, ABC News reports. Nathan Smith drove to Refugio, Texas, after spotting evidence—what it was isn’t clear—from a satellite photo. The case of...

Google 'Latitude' Knows Where You and Your Friends Are

Mobile app uses GPS, cell towers, networks

(Newser) - Google’s newest mobile app—Latitude—allows users to keep track of where they, and their friends, are at all times, reports CNET. The phone-based application debuts today and opens up a new vista for social networking. The software allows users—tracked via GPS and by proximity to phone towers...

Google Earth Adds 'Depth,' Tackling World's Oceans

Underwater volcanoes, shipwrecks now available to program's users

(Newser) - Google has added a new feature to its Google Earth software, which now enables users to explore the world’s oceans and access information from scientists and explorers, AFP reports. “Google Earth is equipping itself with a new dimension: depth,” an engineer said. Surfers can “dive beneath...

Google Flags Entire Internet as Malware

Oops.

(Newser) - Anyone searching on Google for a short stretch early this morning got a rude awakening. Every result on the search giant turned up the warning, "This site may harm your computer,” ZDNet reports, and firewalls on personal PCs blocked them accordingly. Google blames the glitch—from 6:30am...

Google Brings Gmail Offline
 Google Brings Gmail Offline 

Google Brings Gmail Offline

Offline and 'flaky' modes rolled out to win over business users

(Newser) - Google has rolled out an offline service for Gmail in a bid to woo business users, CNET reports. The system lets users read, write, and search emails in their browsers even when they’re not connected to the Internet. Messages are sent and retrieved again once network access is restored....

Google Will Have the President's Ear

Company may capitalize on the benefits of backing a winner

(Newser) - Google may be the company that needs to do the least searching for influence with the new president, reports the Los Angeles Times. The company was one of the biggest contributors to Barack Obama's candidacy, and four Google execs were on the transition team. The search giant's agenda—widening high-speed...

Downey: Googling Myself 'A Hoot'

Hathaway, too, cops to habit; Pitt not so much

(Newser) - Celebrities really are just like us: They Google themselves, too, reports Perez Hilton. At an Oscars celebrity panel this week, Robert Downey Jr. admitted it: “I love all that shit, personally. Because it’s a hoot.” Anne Hathaway then reversed course: “I lied before when you asked...

To Challenge Wiki, Britannica Will Let Users Edit

But edits still have to be vetted by encyclopedia's staff

(Newser) - The 241-year-old Encyclopedia Britannica is tired of being overshadowed on the web by Wikipedia, so it’s decided to start copying the competition’s defining feature: allowing users to edit and create content. Britannica will not be as laissez-faire as Wikipedia, the Sydney Morning Herald reports, as alterations to online...

Google's Profit Drops, But Still Beats Forecasts

$382M is off 68% from Q4 of '07; search giants looks to have restrained spending

(Newser) - Quarterly profit at Google fell for the first time, although the performance was better than analysts anticipated. Google made $382 million, or $1.21 per share, in the three months ending in December—a 68% drop from the same period in 2007. The results indicated the company was able to...

What Slump? Big Blue Sees Growth

IBM had a good Q4 and says its business services and software sales are solid

(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins...

Google Ditches Print Ad Biz
 Google Ditches Print Ad Biz 

Google Ditches Print Ad Biz

Recession bites into ad budgets

(Newser) - The recession is continuing to hit even mighty Google, which is shutting down its three-year foray into the print advertising business, Bloomberg reports. The operation sold space in 800 newspapers, but was hurt as budget-crunched companies slashed spending on print advertising. Google's decision will be another blow to beleaguered newspapers,...

Vatican Goes Viral With YouTube Channel

Viewers can watch Pope and church events

(Newser) - The Vatican is teaming with Google to get more tech-savvy: It will soon have its own YouTube channel, Reuters reports. Visitors to the page will have a front-row seat to church events and papal appearances. More details will emerge at a Friday press conference with Vatican leaders and a Google...

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