California Thank Google for Budget Windfall

California’s budget revenue slides up and down with constant change in capital gain and stock options, is now counting on big income tax filings from few tech executives to help balance its budget. For this wave, California could largely thank Google Inc.

Google cashing in more than 9 million shares valued at $3.7 billion in the year 2006, 16 Google insiders would owe the Golden State as much as $380 million in taxes. As Google’s stock topped $500 in 2006, now continues to sell hundreds of shares each months, according to an analysis of insider transaction data provided to The Associated Press by research.

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Google Search Appliance Adds New Features to Customize Enterprise Search

Google has recently announced new features for the Google Search Appliance that is planned to give enterprise customers the ability to customize search results of their individual corporate environments. It as well offers improved integration with Google services with additional content sources. It offers open source connectors for indexing content in SharePoint 2003 and SharePoint 2007.

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Robot HR takes over at Google

Google uses computer algorithm to sort out job applications and rank the candidates using a score system from zero to 100. This sorting of application would be done using system that scans CVs and other personal information. Applicants are asked to fill wide reaching form, which provides details of their personality, likes and dislikes attitudes and previous behavior.

Previously Google recruited candidates with difficult math’s problems to make sure that the applicants are up to the task. Further Google would extend the practice next month to include all new applications.

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Ross Students Win Second Place in Yahoo! Case Competition

ANN ARBOR, Mich.- Ross School of Business MBA students Kaveesh Chawla, Joy Ghanekar, Irfan Presswala and Tanuka Roy, all from the class of ’07 had won second place in a latest case contest sponsored by Yahoo! The contest was part of the Berkeley Digital Media Conference held at the Haas School of Business, University of California, Berkeley in November.

Students were asked for recommendations on how to make Yahoo! as strong a brand name in television as it is in the online world. If Yahoo! did develop a television channel, what content should it use and how should that content be delivered and monetized?

Students were asked to recommend on how to make Yahoo! as strong as brand name in television as it is in the online world. And in case Yahoo! develops a television channel, what content need to be used and how that content should be delivered and monetized.

The team for their creativity, customer focus and a brilliant monetization strategy, Cammie Dunaway, Yahoo’s chief marketing officer, offered a $5,000 award to the Ross School team.

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Google granted US patent for ‘similarity engine’

The US Patent and Trademark Office have finally granted two patents to Google, one for methods and apparatus estimates similarity and another one for a digital mapping system. This patent number 7,158,962 was initially filed during 2001 and took five years to receive approval.

It will describe the method whereby a similarity engine creates compact representative of objects called ‘Sketches’. These sketches that contain weighting could further be compared for similarities.

Google’s Digital Mapping Systems patent explains different methods, systems and apparatus for implementing aspects of a digital mapping system’. It comprises the methods for using map tiles and grids in client-server environments.

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San Francisco Gets wireless network by Google

Google Inc. and EarthLink Inc. have closed a deal, which will create wireless Internet network across San Francisco. The contract terms, was approved by Mountain View based Google (NASDAQ: GOOG) and Atlanta, Ga. based EarthLink (NASDAQ: ELNK) and should even get okay by San Francisco’s board of supervisors.

This planned network will have a free high-speed Internet service network supported by many ads appearing on users screens. In addition, there will be even faster, commercial-free wireless service available for $20 a month.

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Yahoo looking for Heros in India

The Business Standard of India stated that Yahoo has established a research lab in Bangalore India, which is most popular for sci-fi hit Heros.

Prabhakar Raghavan, head of Yahoo Research, in Bangalore stated, “The researchers now we have are very talented and work on state-of-the-art technologies. The scientists we are looking to employ are the ones who define start-of-the-art coming generation technologies.”

With most varied databases, Yahoo! runs the day to day operations and also develops businesses for the future, Raghavan said. Yahoo! then declared the launch of its ‘Big Thinker’ lecture series in India from January 2007.

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Google’s blog search engine takes over top slot

As far as Google Inc.’s supremacy on Internet search and advertising market is concern, it is very difficult for other search engine to pull Google down.

The feature of Blogger was introduced during September 2005, last week gone up to the top of the category rankings when noticed for total number of site visits, according to a data released. Beginning in October, Google began shining its spotlight on Google Blog Search with a link to the feature from its key page.

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Google to invest in Chinese download firm

Google Inc. is planning to invest in Chinese Web Site, which helps the users to download videos from the net. This investment plan in Shenzhen Xunlei Network Technology would be announced early next year. This would help the world’s most famous search engine company tap into China’s growing interest in online videos. China is the world’s second largest Internet market after the United States.

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Google in profit – 2006 Review

This was an inevitable rise of online advertising by Google Inc.’s that pushed the stock to record levels this year.

The Mountain View, Calif.-based company’s stock traded at a low point during March, at $331.55 on the NASDAQ. But then Google managed to hit expectations in the following two quarters. The company maintained a huge berth as leader in the U.S. search market all through the year and had 49.5 percent of searches during November.

This year Google extended its advertising services beyond the Internet to radio and newspapers. After closing for YouTube Google hit the high share of $513 during November.

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