Business2 Magazine reports that Google is facing a backlash after their stock went down more than 7% yesterday. With the proposed acquisition of DoubleClick for which they’re offering $3.1 billion (already being scrutinized by the FTC) and a German conglomerate recently receiving a $166 million from the German government to build a search engine, it seems like there’s trouble from every corner.
It also seems that Google is trying to monetize Youtube as part of the solution, though with those intrusive Flash ads. My solution though would be such: Allow video bloggers on Youtube to insert Adsense in their videos and profiles. Considering the shear amount of Youtubers, I think it would be in Google’s best interest to make this another source of revenue.
July 20th, 2007
Recently I read an article on Forbes.com regarding Sumner Redstone’s (the guy who owns Viacom and CBS) ongoing feud with his daughter, Shari Redstone. Sumner claims that she “ignores the cardinal rule of good governance” in regards to the two companies, and that they should be able to pick out a successor for him. The full article can be found here:
Redstone Blasts Daughter
So is it wise to get the family involved in business? My personal opinion has always been no; money, family, and friends don’t mix. Personally I have see quite a few “business families” spiral into feuds between each other, sometimes with ugly results. Whenever money is involved, greed is usually there to rear it’s ugly head. Family/friends are supposed to be a source of comfort. Business is stressful, and sometimes even devious. Why bother mixing the two?
July 20th, 2007
