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My 2 featured articles for the week ending Oct. 6, 2006:

Archived blogs for the week of Oct. 2, 2006

1246 - Oct. 5, 2006 - 8.56 AM EST

Yahoo after Google on wireless sponsored search

Yahoo said it expanded its wireless sponsored-search offerings in the United States and United Kingdom.

Yahoo announced the beta launch of a wireless service that returns sponsored, clickable links with search results.

Advertisers can develop their own text ad listings and choose keywords that will trigger the ad placement. Yahoo then generates revenue every time a user clicks on a marketing message.

In a separate announcement, NTT DoCoMo said for its part it will add three new search services, including Yahoo’s offering, to its wireless data service. Japan’s largest carrier hopes to offer search technology from 10 engines.

Posted on Businessblog™

1245 - Oct. 4, 2006 - 1.38 PM EST

Google opens new offices in Manhattan

On Oct. 2nd, Google has officially opened a new and larger office in the trendy Chelsea neighborhood in downtown Manhattan.

For the past six years, Google has had an advertising sales presence in New York. Google did invite the press to take a sneak preview at its new premises. The office, specially designed and built for Google, houses the company's largest advertising sales team.

Google's new Manhattan office is also home to the largest engineering group outside of the main office in Mountain View.

While Google is a global company with 8,000 employees throughout the world, New York City has become a key location, both in terms of generating revenue and developing newer products. Google is hoping to expand its headcount in the New York office during the next two years, executives said.

Google's New York-based advertising team has been instrumental in securing big partnerships, including recent deals with MySpace and AOL, said Tim Armstrong, vice president of advertising sales.

The company added an engineering staff to New York City two years ago. Since then, more than a hundred engineering projects have been housed in New York, including: Google Maps, Google Spreadsheets, parts of Google Checkout, Google Blog Search and Google Mobile Search.

"New York City is ripe with software engineering talent", said Craig Nevill-Manning, engineering director in New York for Google. "There are great computer software engineers who don’t want to move to California," he said. "So we are opening up facilities wherever there are great software engineers, including New York City, Bangalore and Tokyo."

The company, which had occupied four floors of office space at 1440 Broadway in Times Square, has almost tripled the amount of square footage in its new location. The new office space covers about 300,000 square feet over three floors.

But unlike its previous home in Times Square, most employees will be housed on one floor, which Nevill-Manning said will allow employees to collaborate on projects, accelerating development time and greatly spurring innovation.

The office space at 111 Eighth Ave., which real estate experts estimate is costing the company $10 million a year in rent, is similar in design and functionality to its headquarters in Mountain View. This includes a fully equipped game room that would make any high school boy drool. Foosball, air hockey, ping-pong and pool tables are all available for employees to take a break and "blow off some steam." Read more...

Posted on Businessblog™

1244 - Oct. 3, 2006 - 8.22 AM EST

Google acquires the garage where it all began

If you're like me, you like to read a good story about a successful company. Especially when the company had very humble beginnings and the name is Google...

Google has acquired the original garage (and the home) that its co-founders Sergey Brin and Larry Page rented just eight years ago as they set out to change the way people search the Internet.

Google bought the 1,900-square-foot home in nearby Menlo Park from one of its own employees, Susan Wojcicki, who had originally agreed to lease her garage for $1,700 per month because she wanted some help paying down the mortgage.

Wojcicki, now Google's vice president of product management, didn't work for the company at the time and only knew the Stanford University graduate students because one of her friends had dated Brin.

During Google's five-month history there, the garage became like a second home for Page and Brin. The entrepreneurs, then just 25, seemed to be always working on their search engine or soaking in the hot tub that still sits on the property. They also had a penchant for raiding Wojcicki's refrigerator - a habit that may have inspired Google to provide a smorgasbord of free food to the 8,000 employees on its payroll.

When Page and Brin first moved in the garage, Google had just been incorporated with a bankroll of $1 million raised from a handful of investors. Today, Google has about $10 billion in cash and a market value of $125 billion.

Posted on Businessblog™

1243 - Oct. 2, 2006 - 3.54 PM EST

Pay-per-Post to raise $3 million in equity financing

Tomorrow, Per-per-Post.com is to announce it will raise $3 million (in its first round) of equity financing with venture capital firm Inflexion Partners.

Pay-per-Post is a marketplace for advertisers to pay bloggers to write about their products for a specific fee.

Such a service has created some controversy in the past, because advertisers can mandate that posts be positive on the product, and disclosure of payment is optional for the blogger.

However, that controversy didn’t stop venture capitalists from quickly jumping on board. The equity financing will be done with help from Villiage Ventures and Draper Fisher Jurvetson.

Posted on Businessblog™

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