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		<title>You&#039;ve Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief</title>
		<link>http://allthingsd.com/20110206/youve-got-arianna-aol-buys-huffington-post-for-315-million-in-cash/</link>
		<comments>http://allthingsd.com/20110206/youve-got-arianna-aol-buys-huffington-post-for-315-million-in-cash/#comments</comments>
		<pubDate>Mon, 07 Feb 2011 05:01:47 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=40217</guid>
		<description><![CDATA[In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web's most prominent news and opinion sites.

As part of the deal, Huffington Post co-founder Arianna Huffington--who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer--will become editor in chief of a new unit that has purview over all of AOL content properties.

The deal was signed just this afternoon.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2011/02/imgres2.jpeg"><img src="http://kara.allthingsd.com/files/2011/02/imgres2.jpeg" alt="" title="imgres" width="160" height="160" class="alignright size-full wp-image-40227" /></a></p>
<p>In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web&#8217;s most prominent news and opinion sites.</p>
<p>As part of the deal, Huffington Post co-founder Arianna Huffington (pictured here)&#8211;who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer&#8211;will become president and editor in chief of the Huffington Post Media Group within AOL.</p>
<p>The deal was signed late this afternoon, and the board of directors of each company and shareholders of the privately held Huffington Post have approved the transaction.</p>
<p>In an exclusive video interview BoomTown conducted earlier today in Dallas, just before Super Bowl XLV, both Armstrong and Huffington were jovial that the whirlwind deal, begun in November, actually worked out so quickly.</p>
<p>Perhaps giddy, they hit upon a common motto:</p>
<p>&#8220;One plus one equals 11.&#8221;</p>
<p><em>Get it? </em> One and one next to each other is the number 11!</p>
<p>Let&#8217;s move on, shall we?</p>
<p>AOL said it is expected to close in the late-first or early-second quarter of 2011.</p>
<p>Once culminated, it will put Huffington in charge of all AOL content and other properties, including well-known names such as Engadget, Moviefone, MapQuest and TechCrunch.</p>
<p>She said she plans to move to New York from Los Angeles, although she will also maintain her longtime Brentwood home there.</p>
<p>And content for all these sites will be integrated deeply into the Huffington Post, giving it a huge new infusion of editorial material.</p>
<p>More to the point, the flashy acquisition&#8211;which essentially came together in less than two weeks in January&#8211;will become the linchpin of AOL CEO Tim Armstrong&#8217;s aggressive, if risky, strategy to focus the long-troubled company as a content and advertising powerhouse.</p>
<p>For AOL, the deal gives it a popular branded site that is very good at generating lots of page views and impressions very efficiently&#8211;which is the company&#8217;s whole thrust these days.</p>
<p>That means lots more ad inventory to sell and an injection of content talent, giving AOL the scale it desperately needs.</p>
<p>The move also obviously gives AOL a much-needed editorial identity and cohesion, which it doesn&#8217;t really have.</p>
<p>In fact, many think AOL needs a rallying point to bring clarity to its hodgepodge of recent acquisitions that all center on the notion that a strong company has yet to emerge in the premium content space.</p>
<p>Here is a mock-up of the front page of AOL tonight (click on it to make it larger):</p>
<p><a href="http://kara.allthingsd.com/files/2011/02/aol.jpg"><img src="http://kara.allthingsd.com/files/2011/02/aol-314x400.jpg" alt="" title="aol" width="314" height="400" class="aligncenter size-Medium380 wp-image-40355" /></a></p>
<p>While it all makes for a riveting narrative by the charming Armstrong, AOL still has not delivered the business turnaround promised after its spinoff from Time Warner in 2009.</p>
<p>Wall Street, which has given Armstrong a lot of rope, has become more impatient of late to see results&#8211;especially more robust increases in its display advertising business, as its access business dies off&#8211;after AOL spun off from Time Warner in 2009.</p>
<p>In its quarterly report last week, AOL reported earnings of 61 cents a share on revenue of $596 million.</p>
<p>But, as <a href="http://mediamemo.allthingsd.com/20110202/aols-ad-turnaround-still-isnt-here-yet/">MediaMemo&#8217;s Peter Kafka</a> wrote:</p>
<blockquote class="memo"><p>The bigger picture is that Armstrong&#8217;s turnaround is still in progress. Ad revenue was down 29 percent in the last quarter, although that number is worse than it looks. A big chunk of the decline comes from moves AOL has intentionally made that will cut revenue in the short run in return for more profitable sales down the road.</p>
<p>A more representative data set for Armstrong are his display ad sales, which are down 14 percent overall and eight percent in the U.S..</p>
<p>The bad news is that the rest of the Web ad industry is well into rebound mode; the good news is that AOL has trained Wall Street to expect numbers like these. If you&#8217;re waiting to see positive sales numbers, Armstrong said during AOL’s earnings call this morning, wait until the second half of this year.</p></blockquote>
<p>In any case, the move is a good one for the Huffington Post since it will vault it to the next level of growth.</p>
<p>Other companies, such as Yahoo and NBC Universal, had looked at the company as a purchase target, and many expected it to eventually sell out to a larger company.</p>
<p>Sources close to the Huffington Post said that that outcome seemed the most likely, and the recent expansion of the site and its audience made it a good time to do a deal now.</p>
<p>Talks with Yahoo last year went nowhere, sources said, but Armstrong was not as slow to act.</p>
<p>Indeed, the actual deal happened quickly, said Armstrong and Huffington in a video interview with BoomTown earlier today (<a href="http://kara.allthingsd.com/20110206/aols-tim-armstrong-and-huffpos-arianna-huffington-talk-about-deal-touchdown-from-super-bowl/">which you can see here</a>).</p>
<p>The pair started talking in early November of last year at the Quadrangle Conference in New York and continued their discussions through the holidays.</p>
<p>Armstrong made the official offer to Huffington by phone in January, while she was at the World Economic Forum in Davos, Switzerland, and he was snowed in in New York.</p>
<p>Five time multiple to the Huffington Post&#8217;s upward of $60 million in expected revenue for the coming year, and nearly 10 times the $31 million for 2010, the offer was accepted quickly.</p>
<p>AOL used cash for $300 million of the purchase and $15 million in stock for the rest.</p>
<p>&#8220;The idea of turning a fire hose of traffic onto our content made enormous sense,&#8221; said one person close to the situation. &#8220;Everything is changing so fast, it seemed like the time was right.&#8221;</p>
<p>An IPO was also considered for the Huffington Post, sources said. But since the site only recently moved into profitability&#8211;although barely&#8211;such an event would have been farther out.</p>
<p>That&#8217;s despite the fact that the Huffington Post has seen fast-growing traffic and influence, spurred in part by Huffington&#8217;s larger-than-life persona in both the mainstream media and blogosphere.</p>
<p>The wide-ranging site&#8211;which has added a number of content areas in recent years beyond its flagship political offering&#8211;currently has almost 26 million unique monthly visitors, according to recent stats, moving in close range to established news organizations such as the New York Times.</p>
<p>That kind of success seemed unlikely when the Huffington Post launched on May 9, 2005, positioning itself as as a liberal counterweight to the popular right-leaning Drudge Report.</p>
<p>But the Huffington Post&#8217;s heady mix of celebrity bloggers, personality and voice, as well as aggressive curation of links from other sites, quickly caught on.</p>
<p>To fund its efforts, the New York-based online media company has raised $37 million from angel investors such as Lerer&#8211;the largest individual shareholder, followed closely by Huffington&#8211;and venture firms such as Greycroft Partners, Softbank Capital and Oak Investment Partners.</p>
<p>The growth has not been without controversy around issues such as lack of payments to bloggers who contribute and accusations that the site uses too much content from other Web sources when linking.</p>
<p>And Huffington herself has also been a lightning rod, which has been both positive and negative for the site.</p>
<p>But, there is no question she is one of the Web&#8217;s most prominent players, along with writing books, appearing on television frequently and being a fixture at high-profile events in New York, Los Angeles and Washington, D.C.</p>
<p>That includes a never-ending panoply of parties that feature a potent mix of movie stars, corporate poo-bahs, glad-handing politicians and lots of journalists from all over the media.</p>
<p>In fact, full disclosure, I was at one of those parties this past weekend for actor Colin Firth and others involved in the making of the Oscar-nominated film &#8220;The King&#8217;s Speech.&#8221; (Apropos of nothing, actor Helena Bonham Carter is as smart as you would expect, but much more delicate.)</p>
<p>As part of the AOL deal, CEO Eric Hippeau&#8211;who has been integral to professionalizing the business and will be joining Lerer Ventures&#8211;and Chief Revenue Officer Greg Coleman will leave the Huffington Post.</p>
<p>Ironically, Coleman was replaced by Armstrong as head of ad sales at AOL after he took over as CEO. Coleman got a big payout and will now apparently get another.</p>
<p>But the rest of the 200 Huffington Post employees are moving over to AOL with Huffington, who Armstrong hopes will be the company&#8217;s ace in the content hole going forward.</p>
<p>There are likely to be changes to come too at AOL, within weeks, especially in its content-side management and site staffs.</p>
<p>AOL provided some quotes in support of the deal from prominent Internet figures who know Huffington well.</p>
<p>&#8220;Arianna is one of the preeminent authors and editors of our time, and Tim has a remarkable track record of business success,&#8221; said Facebook COO Sheryl Sandberg. &#8220;Bringing them together creates tremendous potential for AOL.&#8221;</p>
<p>And Twitter co-founder Biz Stone said:</p>
<p>&#8220;Editorial vision and leadership are essential in order to transmute our shared cacophony of voices into a valuable dialogue. Arianna&#8217;s expertise, empathy, and entrepreneurial enthusiasm forms a kind of alchemy turning mere words and phrases into powerful expressions of humanity.&#8221;</p>
<p>Inter-Internet harmony: How sweet!</p>
<p>Here is the official press release, with all the details, but there is also an 8 am ET AOL conference call tomorrow:</p>
<blockquote class="memo"><p><strong>AOL AGREES TO ACQUIRE THE HUFFINGTON POST</p>
<p>Acquisition Will Solidify AOL&#8217;s Strategy of Creating a Premier Content Network With Local, National and International Reach</p>
<p>Arianna Huffington To Lead Newly Formed The Huffington Post Media Group Which Will Integrate All Huffington Post and AOL Content, Including News, Tech, Women, Local, Multicultural, Entertainment, Video, Community, and More</p>
<p>The New Combined Media Group Will Reach 117 Million Americans and 270 Million Globally</p>
<p>Group Uniquely Positioned To Redefine the Future of Brand Advertising and Marketing For an Engaged and Influential Audience</strong></p>
<p>New York, NY&#8211;February 7, 2011&#8211;AOL Inc. [NYSE:AOL] announced today that it has entered into a definitive agreement to acquire The Huffington Post, the influential and rapidly growing news, analysis, and lifestyle website founded in 2005, which now counts nearly 25 million unique monthly visitors*.</p>
<p>The transaction will create a premier global, national, local, and hyper-local content group for the digital age&#8211;leveraged across online, mobile, tablet, and video platforms. The combination of AOL&#8217;s infrastructure and scale with The Huffington Post&#8217;s pioneering approach to news and innovative community building among a broad and sophisticated audience will mark a seminal moment in the evolution of digital journalism and online engagement.</p>
<p>The new group will have a combined base of 117 million unique visitors a month in the United States and 270 million around the world**. Following the close of this transaction, AOL will accelerate its strategy to deliver a scaled and differentiated array of premium news, analysis, and entertainment produced by thousands of writers, editors, reporters, and videographers around the globe.</p>
<p>As part of the transaction, Arianna Huffington, The Huffington Post&#8217;s co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content, including Engadget, TechCrunch, Moviefone, MapQuest, Black Voices, PopEater, AOL Music, AOL Latino, AutoBlog, Patch, StyleList, and more.</p>
<p>&#8220;The acquisition of The Huffington Post will create a next-generation American media company with global reach that combines content, community, and social experiences for consumers,&#8221; said Tim Armstrong, Chairman and CEO of AOL. &#8220;Together, our companies will embrace the digital future and become a digital destination that delivers unmatched experiences for both consumers and advertisers.&#8221;</p>
<p>Armstrong continued, &#8220;Arianna is a singularly passionate and dedicated champion of innovative journalistic engagement, and a master of the art of using new media to illuminate, entertain and enhance the national conversation. Arianna is a remarkable person and she will continue to create remarkable outcomes for the combined company.&#8221;</p>
<p>&#8220;This is truly a merger of visions and a perfect fit for us,&#8221; said Huffington. &#8220;The Huffington Post will continue on the same path we have been on for the last six years&#8211;though now at light speed&#8211;by combining with AOL. Our readers will still be able to come to the Huffington Post at the same URL, and find all the same content they&#8217;ve grown to love, plus a lot more&#8211;more local, more tech, more entertainment, more finance, and lots more video. We are fusing a legendary and powerful new media brand with a vibrant, innovative news organization, known for its distinctive voice, a highly engaged audience, an expertise in community-building, and a track record for demystifying the news and putting flesh and blood on the data while drawing our audience into the conversation.&#8221;</p>
<p>Huffington continued, &#8220;By uniting AOL and The Huffington Post, we are creating one of the largest destinations for smart content and community on the Internet. And we intend to keep making it better and better.&#8221;</p>
<p>Kenneth Lerer, The Huffington Post&#8217;s Co-Founder and Chairman, said, &#8220;The Huffington Post team has created a potent brand with the proven track record of knowing how to grow traffic, inform and entertain its readers and build a one-of-a-kind online community. Add that to the powerful scale and resources of AOL and you have the perfect combination for today and the future. Together these two companies will be a premier online content provider.  From local citizen reporting through AOL&#8217;s Patch, to The Huffington Post’s national reporting on politics, business and culture, consumers will have access to everything they want whenever they want it.&#8221;</p>
<p>AOL has agreed to purchase The Huffington Post for $315 million, approximately $300 million of which will be paid in cash funded from cash on hand. The Huffington Post is privately owned by its two cofounders, as well as a group of investors. The proposed transaction is subject to customary closing conditions, including receipt of government approvals. The boards of directors of each company and shareholders of The Huffington Post have approved the transaction. The transaction is expected to close in the late first- or early second-quarter 2011.</p>
<p>The Huffington Post over-indexes on educated, affluent users, reaching the key decision makers in C-suites around the globe. The Huffington Post speaks to this influential audience via a host of prominent voices on its group blog.  Among those who have blogged on The Huffington Post are: President Barack Obama, Secretary of State Hillary Clinton, Mayor Michael Bloomberg, Larry Page, Diane Sawyer, Buzz Aldrin, Nora Ephron, Bill Maher, Madeleine Albright, Robert Redford, Katie Couric, Neil Young, Rahm Emanuel, Mia Farrow, Senator Russ Feingold, Senator Al Franken, Ari Emanuel, Harry Shearer, Senator John Kerry, Representative Nancy Pelosi, Madonna, Lawrence Summers, Jamie Lee Curtis, Ryan Reynolds, Craig Newmark, Alec Baldwin, Aaron Sorkin, Natalie Portman, Scarlett Johansson, Russell Simmons, Sean Penn, Bill Gates, Norman Lear, Charlie Rose, Elizabeth Warren, Tavis Smiley, Sheryl Sandberg, George Clooney, and former President Bill Clinton.  And the audience speaks back, generating four million comments a month***.</p>
<p>The Huffington Post&#8217;s affluent, influential audience, that is growing at a rate of 22 percent (December 2009 vs. December 2010)****, when combined with AOL&#8217;s massive scale, video offerings and local expertise, will represent an incredibly desirable demographic for a broad range of advertising partners across the board.</p></blockquote>
<p>And here is Armstrong&#8217;s internal memo to the AOL staff:</p>
<blockquote class="memo"><p>AOLers,</p>
<p>We are taking another major step in the comeback of AOL. Today we are announcing that we have agreed to acquire The Huffington Post, one of the most exciting, influential, and fastest growing properties on the Internet. We believe in brands, quality journalism, and the positive role of communities in the world&#8211;The Huffington Post shares our values and the combination of the two companies will create the premier global and local media company on the Internet.</p>
<p>Co-founded six years ago by Arianna Huffington and Ken Lerer, The Huffington Post has grown to become an industry leader&#8211;one of the Web&#8217;s most popular and innovative sources of online news, commentary, and information. Arianna and team have created a brand and a destination that focuses on the consumer experience. By combining The Huffington Post with AOL’s network of sites, thriving video offerings, local expertise and enormous reach, we will create a company that is laser-focused on serving our audiences across every platform imaginable&#8211;social, local, video, mobile and tablet.</p>
<p>The Huffington Post is core to our strategy and our 80:80:80 focus&#8211;80% of domestic spending is done by women, 80% of commerce happens locally and 80% of considered purchases are driven by influencers. The influencer part of the strategy is important and will be potent.</p>
<p>The Huffington Post is a strong influencer brand and it attracts a valuable audience, including a great focus on women’s content. In addition, Arianna Huffington is a world-renowned expert on women&#8217;s topics and issues, and has enabled The Huffington Post to grow rapidly by continually developing new audiences.</p>
<p>In the local area, the combination of the two companies will create a scaled connection between global and local communities on one platform. This will create a new way for people to get local and global information in a timely and entertaining way.</p>
<p>The Huffington Post will join the family of AOL Brands that are destinations for an influencer audience, brands like TechCrunch, Engadget, AutoBlog, and Moviefone. Uniquely, The Huffington Post is the platform for influential people&#8211;the people that drive trends, commerce, politics, entertainment, news, and information. Adding this strategic platform to our already strong network of sites, including the AOL homepage, has the potential to make AOL the most influential company in the content space.</p>
<p>Arianna Huffington is one of the most successful entrepreneurs in the Internet space and someone that is even more successful in building communities and relationships in every corner of the globe. The Huffington Post and Arianna have created a company that has partnered with the most successful and well-known leaders in all aspects of society that touch important topics to give consumers direct access to the most influential decision makers and community leaders.</p>
<p>This acquisition will create a high-quality and diverse digital ecosystem encompassing local, national and international news, politics, entertainment, technology, fashion, sports, health, personal finance, green, lifestyle, the arts and more. This deal will combine the amazing talent at AOL with the innovative and talented staff of The Huffington Post. Here are just a few high-level points around what this deal brings to market:</p>
<p>* Together, AOL and The Huffington Post will have 117MM unduplicated domestic monthly UVs, and ~270MM monthly UVs worldwide (according to comScore Dec 2010).</p>
<p>* The Huffington Post is one of the fastest growing web properties on the Internet. It grew 22% last year&#8211;that&#8217;s faster than Twitter, which grew 18% – and 15x as quickly as the Internet grew last year (comScore Dec ’09-’10).</p>
<p>* Both AOL and The Huffington Post count powerful, affluent users among their top loyal visitors, significantly over-indexing in $100K+ income users.</p>
<p>* AOL passed Hulu in unique viewers on video in the fourth quarter of 2010; video views on AOL are up 400 percent year-over-year.</p>
<p>* Between AOL&#8217;s innovative Project Devil ad unit, engaging users for 27 seconds longer than traditional display ads, and The Huffington Post’s highly-vocal community, with 4MM+ comments per month, we will marry attention-grabbing content and brand experiences for both advertisers and consumers.</p>
<p>In the local area, the combination of the two companies will create a premier global/local syndication network at scale. This will create a new way for people to get local and global information in a timely, informative and entertaining way.</p>
<p>To maximize the strategic advantage of this great deal, we will be creating a new group at AOL called The Huffington Post Media Group. Within this group will be AOL Media, AOL Local &#038; Mapping, AOL Search and our new friends at The Huffington Post. We will continue operating the towns structure, AOL.com and HuffingtonPost.com.</p>
<p>I&#8217;m thrilled to announce that Arianna Huffington will join AOL&#8217;s executive team as President and Editor in Chief of The Huffington Post Media Group. We have asked Jon Brod to lead the overall operational integration on the AOL side of the combined entities. Jon will lead the local group integration and work closely with David Eun and the teams in AOL Media. We will work quickly with The Huffington Post to create a combined organizational design to coincide with the deal closing. While we wait for the required regulatory reviews to be completed and the transaction to close before implementing the design, we will move very quickly to plan the details of the integration of the two companies. To this end, we will announce the new organizational structure as soon as possible.</p>
<p>In the meantime, we will continue creating great content and products for our consumers within the town structure and stay laser-focused on the aggressive goals we have set for our winter luge. We are on the right track and will continue our weekly operating cadence and town structure to drive successful results against our company goals.</p>
<p>Here&#8217;s a special message for all of you we taped to welcome The Huffington Post and Arianna to our AOL Family:</p>
<p>http://today.office.aol.com/company-news/2011/02/aol-agrees-buy-huffington-post</p>
<p>And of course we wanted to welcome Arianna to our &#8220;You’ve Got&#8221; video of the day&#8211;check her out on AOL.com.</p>
<p>We will be holding a company all hands meeting to address your questions related to today&#8217;s exciting news. We will video conference from our New York office on the 6th Floor at 9:30 AM ET and will be joined by Arianna Huffington and key executives from her organization. We will also be holding a call for our west coast offices at 2:00 PM ET and for our Patch offices at 2:45 PM ET. See below for meeting info (conference rooms will be sent out shortly).</p>
<p>AOL is playing to win…and The Huffington Post and AOL will occupy a unique place in the future of the Internet. Let&#8217;s go get it done.</p>
<p>–TA</p></blockquote>
<p>(More full disclosure: As has been <a href="http://mediamemo.allthingsd.com/20100927/the-pros-and-cons-of-a-techcrunchaol-deal/">previously reported</a> by MediaMemo, <strong>All Things Digital</strong> had the briefest and most preliminary of discussions with Armstrong about moving to AOL last year, while exploring several other options. All&#8217;s well that ended well: We stayed at Dow Jones, which is owned by News Corp.)</p>
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		<title>Full D@CES Interview Video: Microsoft Internet Explorer's Dean Hachamovitch</title>
		<link>http://allthingsd.com/20110119/full-dces-interview-video-microsoft-internet-explorers-dean-hachamovitch/</link>
		<comments>http://allthingsd.com/20110119/full-dces-interview-video-microsoft-internet-explorers-dean-hachamovitch/#comments</comments>
		<pubDate>Wed, 19 Jan 2011 16:17:15 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=39756</guid>
		<description><![CDATA[As promised, after posting highlights last week, here's the full video from an interview Walt Mossberg did with Microsoft Internet Explorer head Dean Hachamovitch at our D@CES event at the Consumer Electronics Show in Las Vegas.

The browser chieftain talked a lot about privacy, as you can see from Hachamovitch's latest shirt motto.]]></description>
			<content:encoded><![CDATA[<p>As promised, after <a href="http://kara.allthingsd.com/20110112/dces-highlights-video-microsoft-ies-dean-hachamovitch">posting highlights last week</a>, here&#8217;s the full video from an interview Walt Mossberg did with Microsoft Internet Explorer head Dean Hachamovitch at our <strong>D@CES</strong> event at the Consumer Electronics Show in Las Vegas.</p>
<p>The browser chieftain at the software giant talked a lot about privacy, as you can see from Hachamovitch&#8217;s latest shirt motto.</p>
<p>Enjoy:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=695F4ECD-CA22-4787-8271-131CAAA49BF8&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={695F4ECD-CA22-4787-8271-131CAAA49BF8}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<title>Liveblogging Yahoo’s 3Q Earnings: Busy, Busy, Busy (So Go Away, Tim Armstrong!)</title>
		<link>http://allthingsd.com/20101019/liveblogging-yahoos-3q-earnings-busy-busy-busy-so-go-away-tim-armstrong/</link>
		<comments>http://allthingsd.com/20101019/liveblogging-yahoos-3q-earnings-busy-busy-busy-so-go-away-tim-armstrong/#comments</comments>
		<pubDate>Tue, 19 Oct 2010 21:12:27 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=35801</guid>
		<description><![CDATA[Here we go with the Yahoo third-quarter earnings call starring CEO Carol Bartz, who has some--in the immortal words of Ricky Ricardo--'splaining to do.

Yahoo turned in a much-needed solid quarterly earnings report, with slightly better-than-expected earnings, although still weak revenues.

CEO Carol Bartz sounded subdued and very much on script.

Probably a good idea, considering!]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/10/t-shirt-not-now-im-busy-705334-275x295.jpg" alt="" title="t-shirt-not-now-im-busy-705334" width="250" height="275" class="alignright size-medium wp-image-35810" /></p>
<p>Here we go with the Yahoo third-quarter earnings call starring CEO Carol Bartz, who has some&#8211;in the immortal words of Ricky Ricardo&#8211;<em>&#8216;splaining</em> to do.</p>
<p>Yahoo turned in a <a href="http://kara.allthingsd.com/20101019/yahoo-tops-earning-expectations/">much-needed solid quarterly earnings report</a>, with slightly better-than-expected earnings, although still weak revenue.</p>
<p>Of course, there are all the <a href="http://kara.allthingsd.com/20101013/yahoos-stock-acts-like-its-in-play-because-it-kind-of-is/">takeover rumors</a>, the <a href="http://kara.allthingsd.com/20100930/yahoo-confirms-exec-departures-the-internal-memo-from-the-foxhole">exec departures</a> and fights with partners such as <a href="http://kara.allthingsd.com/20100916/apparently-yahoos-bartz-didnt-get-the-memo-about-avoiding-land-wars-in-asia">China&#8217;s Alibaba Group</a>.</p>
<p><strong>2 pm PT:</strong> First on is the lovely investor relations lady, Marta, saying stuff I never pay attention to.</p>
<p>But Bartz came on right away and she sounded subdued and very much on script.</p>
<p>Good idea!</p>
<p>She began by explaining what she has been up to and&#8211;once again with feeling&#8211;exactly what Yahoo is.</p>
<p>&#8220;The key words are innovative, content, media and communications,&#8221; she stressed.</p>
<p>Technology is all well and good, but Yahoo is the &#8220;largest digital media, content and communications company.&#8221;</p>
<p>She also briefly addressed the departure of execs: &#8220;Some people leave, some get promoted and some good people arrive.&#8221;</p>
<p>Well, you could put such turmoil that matter-of-factly, I suppose.</p>
<p>Bartz then asked the question: &#8220;What have we done to re-engineer Yahoo?&#8221;</p>
<p>She reeled off a list she has repeated many times before, the point of which was to let us all know she has been mighty busy cleaning up the big mess she had to deal with on arrival.</p>
<p><em>So lay off</em>, all you naysayers! It&#8217;s kind of like what President Barack Obama is saying these days, as he looks forward to huge political losses in the upcoming election.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/humorous-pictures-275x206.jpg" alt="" title="humorous pictures" width="275" height="206" class="alignleft size-medium wp-image-35969" /></p>
<p>It&#8217;s apparently a <em>disciplined</em> approach. &#8220;First you walk, then you run.&#8221; Then, she added, you FLY!</p>
<p>Don&#8217;t look down, Carol!</p>
<p>She promised to talk about what&#8217;s on all our minds&#8211;as in the takeover swirl related to AOL, News Corp. and a passel of private equity moneybags circling Yahoo.</p>
<p><strong>2:15 pm:</strong> Time for the numbers from CFO Tim Morse, which <a href="http://kara.allthingsd.com/20101019/yahoo-3q-earnings-slides-the-good-the-bad-and-the-revenue-ugly/">you can see here</a>.</p>
<p>He was much jauntier than usual. I wonder if that was in the script. Smile with your voice, Tim!</p>
<p>I mostly did not listen to this spiel, as it was a recount of the numbers I already read. But there are some nuggets.</p>
<p>Apparently, for example, revenue for owned and operated search is down because users are clicking on the really good new results from the Microsoft algorithmic search transition, so they are not clicking on paid search as much.</p>
<p><em>Hmmm&#8230;.</em>I wonder what happens when they get great.</p>
<p>Then it was on to earnings and stock repurchases, designed to goose the shares, which Yahoo considers undervalued.</p>
<p>So do investors.</p>
<p>Next, he moved on to the outlook, which was weak.</p>
<p>And Morse also noted the uncertainty that has to do with the search and online advertising alliance transition. &#8220;Caution is warranted,&#8221; said Morse.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/monopoly-empty-pockets.png" alt="" title="monopoly-empty-pockets" width="137" height="131" class="alignright size-full wp-image-35845" /></p>
<p>&#8220;We&#8217;re pleased with our third-quarter results,&#8221; summarized Morse, seemingly ignoring the revenue issue.</p>
<p><strong>2:31 pm:</strong> Bartz was then back on discussing the search alliance and the rocky relationship with China&#8217;s Alibaba Group. Rocky is my word and actually is also Alibaba&#8217;s.</p>
<p>At least all is well with Microsoft, Yahoo&#8217;s one-time nemesis.</p>
<p>It has been a big transition, of course, Bartz noted. Indeed.</p>
<p>Then Bartz went out of her way in praising Alibaba CEO Jack Ma, whom many sources said she has treated shabbily in the past.</p>
<p>It is &#8220;a good productive business relationship,&#8221; said Bartz.</p>
<p>Other than that, she politely suggested we all butt out of what Yahoo is going to do with the asset, a 29 percent stake of Alibaba.com worth $3.1 billion, according to the company.</p>
<p>Finally, Bartz said Yahoo had &#8220;potential&#8221; and promised a payoff to shareholders in the months ahead.</p>
<p>That would be nice.</p>
<p><strong>2:38 pm:</strong> Time for Q&#038;A.</p>
<p>The first question was about the search revenue growth. Soon!</p>
<p>The next was about search revenue and display advertising and a left-field query on engagement on smartphones.</p>
<p>Same answer, and also people will use Yahoo on any screen.</p>
<p>Next question was on display growth. Same answer.</p>
<p>Will any of these analysts ask the <em>good</em> questions about takeover rumors and other thorny management issues?</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/trade-rumors1-275x270.jpg" alt="" title="trade-rumors1" width="250" height="250" class="alignleft size-medium wp-image-35847" /></p>
<p>Wait, finally there came a sheepish request for clarification about the rumors&#8211;well, they are real, so <em>realmors</em>&#8211;about takeover plans by private equity folks, <a href="http://kara.allthingsd.com/20101014/department-of-deja-vu-little-aols-quixotic-quest-to-land-giant-yahoo/">along with AOL&#8217;s Tim Armstrong</a>.</p>
<p>&#8220;As tempting as it is to tell you what I really think, you know I can&#8217;t comment,&#8221; said Bartz, who really sounded like she wanted to comment.</p>
<p>Give in, Carol! In the words of Oscar Wilde, which is BoomTown&#8217;s operating motto: &#8220;I can resist everything except temptation.&#8221;</p>
<p>Nope, she will not utter a word about &#8220;hypothetical this and hypothetical that.&#8221;</p>
<p>Instead, the boilerplate: &#8220;We like our strategy, we like our progress, and that&#8217;s what we&#8217;re focused on.&#8221;</p>
<p>Next, more questions about revenue weakness. Bartz blamed it all on the drag of search revenue. &#8220;The main drag on our growth has been search revenue,&#8221; she noted.</p>
<p>She said it will get better once the whole transition kicks in.</p>
<p>Bartz did sound convincing, especially when she noted it was part of a six-year trend in decline in search. By the end of 2011, she promised, it will <em>all</em> be different.</p>
<p>But, in the immortal words of Clint Eastwood in &#8220;Dirty Harry&#8221;: &#8220;You&#8217;ve got to ask yourself one question: Do I feel lucky? Well, do ya, punk?&#8221;</p>
<p>Now, a question about a &#8220;bloated&#8221; work force. Yahoo employee count is up seven percent, although costs are down 12 percent.</p>
<p>Morse: &#8220;No, we&#8217;re not bloated.&#8221;</p>
<p>Bartz took a question about competition in the display market, as in Yahoo is going to get smacked by rivals, such as Google.</p>
<p>&#8220;There is always competition and competition only makes us better,&#8221; said Bartz. &#8220;We&#8217;re running very fast and not going to give up this leadership in display very easily.&#8221;</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/111806-road-runner-275x202.jpg" alt="" title="111806-road-runner" width="275" height="202" class="alignright size-medium wp-image-35854" /></p>
<p>Given Google&#8217;s inroads here, she better run faster than the Road Runner.</p>
<p>The last question was about monetization of mobile.</p>
<p>Lots of pretty, empty words from Bartz, especially since Yahoo does not have a really competitive offering compared to Google and Apple.</p>
<p>It should be added that both <a href="http://mediamemo.allthingsd.com/20101014/google-q3-beats-earnings-estimates/">Google</a> and <a href="http://mediamemo.allthingsd.com/20101018/of-course-apple-beats-earnings-estimates/">Apple</a> smoked it in terms of revenue growth in their quarterly earnings this week.</p>
<p>Also, I hear that Facebook social networking site is growing pretty quickly.</p>
<p>And it ended, with nary a decent question from Wall Street analysts about the clear turmoil at the long-troubled Silicon Valley icon and answers about what Bartz is going to do to address it.</p>
<p>The media is in listen-only mode for these calls, which is a shame, since I for one would love to listen to what Bartz has to say.</p>
<p>I know you&#8217;re busy and all, Carol, but perhaps you can talk over dinner soon?</p>
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		<title>Like BoomTown Said: Cisco Announces &quot;Umi&quot; Consumer Telepresence</title>
		<link>http://allthingsd.com/20101006/like-boomtown-said-cisco-announces-consumer-telepresence/</link>
		<comments>http://allthingsd.com/20101006/like-boomtown-said-cisco-announces-consumer-telepresence/#comments</comments>
		<pubDate>Wed, 06 Oct 2010 16:37:34 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=35002</guid>
		<description><![CDATA[In a post last week, BoomTown wrote that Cisco would introduce a consumer telepresence product.

It did today at San Francisco at a press event. It is called, inexplicably, ?mi telepresence.

I'll be honest, it sounds like sushi I refuse to eat.

In any case, Cisco's entry into the crowded consumer video-chat arena will be $599 with $24.99 monthly fee and can be used with a high-definition television.]]></description>
			<content:encoded><![CDATA[<p><img src="http://kara.allthingsd.com/files/2010/10/Cisco-umi-logo-275x185.jpg" alt="" title="Cisco umi logo" width="275" height="185" class="alignright size-medium wp-image-35012" /></p>
<p>In a post last week, BoomTown wrote that Cisco would <a href="http://kara.allthingsd.com/20100929/exclusive-cisco-to-unveil-an-affordable-home-telepresence-product-for-consumers/">introduce a consumer telepresence product</a>.</p>
<p>It did today in San Francisco at a press event. It is called, inexplicably, &#8220;Umi&#8221; telepresence.</p>
<p>I&#8217;ll be honest, it sounds like the kind of sushi I typically refuse to eat, because I am not as adventurous as I like to pretend I am.</p>
<p>Actually, it seems to be a variation on you-me.</p>
<p><em>Get it?</em> You and me and telepresence. As in &#8220;Star Trek&#8221; for non-geeks.</p>
<p>According to <a href="http://en.wikipedia.org/wiki/Umi">Wikipedia</a>, here are some other definitions for the word:</p>
<p>&#8220;Umi may refer to: Umi, &#8216;sea&#8217; in Japanese language; UMI, Universal Mobile Interface; Umi, Fukuoka, a town in Japan; Umi-a-Liloa, the king of the island of Hawaii; Umi Ryuzaki, a character in the fictional manga series &#8216;Magic Knight Rayearth&#8217; by CLAMP.&#8221;</p>
<p>&#8220;Connect with a touch of the button,&#8221; is the motto for the giant Silicon Valley networking company for Umi.</p>
<p>And, frankly, I wish I could have telepresenced from my bed at home with it.</p>
<p>You can, using Umi with your existing high-definition television and high-speed broadband. It&#8217;s in three parts: A camera, a remote control and, <em>ugh</em>, yet another set-top box to pile on the rest on the shelf in your home living room, as you can see below.</p>
<p><img src="http://kara.allthingsd.com/files/2010/10/Cisco-umi-HD-camera-console-remote-600x480.jpg" alt="" title="Cisco umi HD camera, console, remote" width="300" height="240" class="aligncenter size-large wp-image-35017" /></p>
<p>Cisco said the device is scheduled to be available to consumers on November 14 in Best Buy (BBY) Magnolia Home Theater stores, as well as at bestbuy.com and umi.cisco.com &#8220;for the suggested retail price of $599 with a monthly fee of $24.99 for unlimited ?mi calls, video messaging and video storage.&#8221;</p>
<p>At the short and sweet event, Cisco execs touted their entry into the crowded consumer video-conferencing arena.</p>
<p>&#8220;It&#8217;s all about tasting the chocolate,&#8221; said Cisco exec Gina Clark about her box of Umi, which will work with Google Voice Chat&#8211;but not Skype and Apple (AAPL) iChat yet.</p>
<p>It also has the seal of approval from Oprah Winfrey, who will doubtlessly use it in some Oprah manner on her talk show.</p>
<p>Clark mentions tasting the chocolate several more times to knock the point home that if you try it, you&#8217;ll like it.</p>
<p>I can&#8217;t believe I ate the whole Umi!</p>
<p>Now, Cisco&#8211;which really is obsessed with the chocolate metaphor today&#8211;is making me have a chomp in a demo.</p>
<p>And, while I am no reviewer, it is pretty sweet, and looks great, well beyond what is available via Internet video chat.</p>
<p>Until the inevitable shaky video appears, here is the full press release from Cisco (CSCO):</p>
<p><object id="_ds_56671864" name="_ds_56671864" width="380" height="313" type="application/x-shockwave-flash" data="http://viewer.docstoc.com/"><param name="FlashVars" value="doc_id=56671864&#038;mem_id=1512683&#038;doc_type=pdf&#038;fullscreen=0&#038;allowdownload=1" /><param name="movie" value="http://viewer.docstoc.com/"/><param name="allowScriptAccess" value="always" /><param name="allowFullScreen" value="true" /></object><script type="text/javascript">var docstoc_docid="56671864";var docstoc_title="Cisco umi Press Release";var docstoc_urltitle="Cisco umi Press Release";</script><script type="text/javascript" src="http://i.docstoccdn.com/js/check-flash.js"></script><br /><font size="1"><a href="http://www.docstoc.com/docs/56671864/Cisco-umi-Press-Release">Cisco umi Press Release</a></font></p>
]]></content:encoded>
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		<title>What's the Chinese Word for Bing? Google Threatens to Leave China.</title>
		<link>http://allthingsd.com/20100112/google-threatens-to-leave-china/</link>
		<comments>http://allthingsd.com/20100112/google-threatens-to-leave-china/#comments</comments>
		<pubDate>Wed, 13 Jan 2010 00:48:45 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/?p=32520</guid>
		<description><![CDATA[Evidently, Google is taking its informal "don’t be evil motto" a bit more seriously these days. The search sovereign threatened late Tuesday to pull out of its operations in China after detecting a "highly sophisticated and targeted attack on [its] corporate infrastructure originating from China." Targeted in the assault: The Gmail accounts of Chinese human rights activists.]]></description>
			<content:encoded><![CDATA[<blockquote><p>&#8220;We actually did an evil scale and decided not to serve at all was worse evil.&#8221;</p>
<p>&#8211; <a href="http://digitaldaily.allthingsd.com/20080612/a-battle-of-good-vs-dont-be-evil/">Google CEO Eric Schmidt</a> on the company’s decision to offer a censored version of its search services in China, Jan. 30, 2006</p></blockquote>
<p><img src="http://digitaldaily.allthingsd.com/files/2010/01/google-china-bike.jpg" alt="google-china-bike" title="google-china-bike" width="150" height="104" class="alignright size-full wp-image-32527" />Evidently Google is taking its informal &#8220;don&#8217;t be evil motto&#8221; a bit more seriously these days. The search sovereign threatened late Tuesday to pull out of its operations in China after detecting a “highly sophisticated and targeted attack on [its] corporate infrastructure originating from China.&#8221; Targeted in the assault: The Gmail accounts of Chinese human rights activists.</p>
<p>&#8220;These attacks and the surveillance they have uncovered&#8211;combined with the attempts over the past year to further limit free speech on the web&#8211;have led us to conclude that we should review the feasibility of our business operations in China,&#8221;  <a href="http://googleblog.blogspot.com/2010/01/new-approach-to-china.html">Google&#8217;s chief legal officer, David Drummond, wrote in a post to the company blog</a>. </p>
<p>&#8220;We have decided we are no longer willing to continue censoring our results on Google.cn, and so over the next few weeks we will be discussing with the Chinese government the basis on which we could operate an unfiltered search engine within the law, if at all,&#8221; Drummond added. &#8220;We recognize that this may well mean having to shut down Google.cn, and potentially our offices in China.&#8221;</p>
<p><em>Shut down Google.cn, and potentially our offices in China</em>? Hmm. What&#8217;s the Chinese word for &#8220;Bing&#8221;?</p>
<p>Drummond didn’t directly accuse the Chinese government of orchestrating the incursion, but he certainly seems to be implying there’s a link. And you’d think one would have to exist for Google (GOOG) to threaten pull out of a country that has more Internet users than the total population of the U.S.&#8211;even if its efforts to gain market share there haven’t met with the same success as in the rest of the world.</p>
<p>It&#8217;s tough to stake your claim in a country where the government favors the local rival and blocks your traffic if you fail to censor. Baidu&#8217;s share of the Chinese search market in the third quarter was 77 percent, up from 75.6 percent. Google&#8217;s share for the same period? Just 17 percent, down from 19 percent. </p>
<p>So, to some extent, Google can probably threaten to leave China because the country accounts for such a small portion of its revenue. On the other hand, China leads the world in Internet users and presents a hell of a market opportunity&#8211;large enough that Google willingly provided a censored version of its services as a prerequisite for doing business there. Or, rather, it used to.</p>
<p>At $395.50 Baidu shares are up more than two percent after hours on the news. Google shares are down 1.6 percent at $581.01.</p>
<p>Drummond’s post in full, below, as well as another on the safety of data on Google by Dave Girouard, President of Google Enterprise:</p>
<blockquote class="memo"><p><b>A new approach to China</b></p>
<p>Like many other well-known organizations, we face cyber attacks of varying degrees on a regular basis. In mid-December, we detected a highly sophisticated and targeted attack on our corporate infrastructure originating from China that resulted in the theft of intellectual property from Google. However, it soon became clear that what at first appeared to be solely a security incident–albeit a significant one–was something quite different.</p>
<p>First, this attack was not just on Google. As part of our investigation we have discovered that at least twenty other large companies from a wide range of businesses–including the Internet, finance, technology, media and chemical sectors–have been similarly targeted. We are currently in the process of notifying those companies, and we are also working with the relevant U.S. authorities.</p>
<p>Second, we have evidence to suggest that a primary goal of the attackers was accessing the Gmail accounts of Chinese human rights activists. Based on our investigation to date we believe their attack did not achieve that objective. Only two Gmail accounts appear to have been accessed, and that activity was limited to account information (such as the date the account was created) and subject line, rather than the content of emails themselves.</p>
<p>Third, as part of this investigation but independent of the attack on Google, we have discovered that the accounts of dozens of U.S.-, China- and Europe-based Gmail users who are advocates of human rights in China appear to have been routinely accessed by third parties. These accounts have not been accessed through any security breach at Google, but most likely via phishing scams or malware placed on the users’ computers.</p>
<p>We have already used information gained from this attack to make infrastructure and architectural improvements that enhance security for Google and for our users. In terms of individual users, we would advise people to deploy reputable anti-virus and anti-spyware programs on their computers, to install patches for their operating systems and to update their web browsers. Always be cautious when clicking on links appearing in instant messages and emails, or when asked to share personal information like passwords online. You can read more here about our cyber-security recommendations. </p>
<p>We have taken the unusual step of sharing information about these attacks with a broad audience not just because of the security and human rights implications of what we have unearthed, but also because this information goes to the heart of a much bigger global debate about freedom of speech. In the last two decades, China’s economic reform programs and its citizens’ entrepreneurial flair have lifted hundreds of millions of Chinese people out of poverty. Indeed, this great nation is at the heart of much economic progress and development in the world today.</p>
<p>We launched Google.cn in January 2006 in the belief that the benefits of increased access to information for people in China and a more open Internet outweighed our discomfort in agreeing to censor some results. At the time we made clear that “we will carefully monitor conditions in China, including new laws and other restrictions on our services. If we determine that we are unable to achieve the objectives outlined we will not hesitate to reconsider our approach to China.”</p>
<p>These attacks and the surveillance they have uncovered–combined with the attempts over the past year to further limit free speech on the web–have led us to conclude that we should review the feasibility of our business operations in China. We have decided we are no longer willing to continue censoring our results on Google.cn, and so over the next few weeks we will be discussing with the Chinese government the basis on which we could operate an unfiltered search engine within the law, if at all. We recognize that this may well mean having to shut down Google.cn, and potentially our offices in China.</p>
<p>The decision to review our business operations in China has been incredibly hard, and we know that it will have potentially far-reaching consequences. We want to make clear that this move was driven by our executives in the United States, without the knowledge or involvement of our employees in China who have worked incredibly hard to make Google.cn the success it is today. We are committed to working responsibly to resolve the very difficult issues raised.</p></blockquote>
<blockquote class="memo"><p><strong>Keeping your data safe</strong></p>
<p>Many corporations and consumers regularly come under cyber attack, and Google is no exception. We recently detected a cyber attack targeting our infrastructure and that of at least 20 other publicly listed companies. This incident was particularly notable for its high degree of sophistication. We believe Google Apps and related customer data were not affected by this incident. Please read more about our public response on the Official Google Blog.</p>
<p>This attack may understandably raise some questions, so we wanted to take this opportunity to share some additional information and assure you that Google is introducing additional security measures to help ensure the safety of your data.</p>
<p>This was not an assault on cloud computing. It was an attack on the technology infrastructure of major corporations in sectors as diverse as finance, technology, media, and chemical. The route the attackers used was malicious software used to infect personal computers. Any computer connected to the Internet can fall victim to such attacks. While some intellectual property on our corporate network was compromised, we believe our customer cloud-based data remains secure.</p>
<p>While any company can be subject to such an attack, those who use our cloud services benefit from our data security capabilities. At Google, we invest massive amounts of time and money in security. Nothing is more important to us. Our response to this attack shows that we are dedicated to protecting the businesses and users who have entrusted us with their sensitive email and document information. We are telling you this because we are committed to transparency, accountability, and maintaining your trust.</p></blockquote>
]]></content:encoded>
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		<title>Yahoo Sticks With &quot;It&#039;s Y!ou,&quot; Expanding Pricey Ad Campaign by Pushing &quot;Hero Products&quot; and Relevance</title>
		<link>http://allthingsd.com/20091215/yahoo-sticks-with-the-its-you-expanding-pricey-ad-campaign-and-pushing-hero-products/</link>
		<comments>http://allthingsd.com/20091215/yahoo-sticks-with-the-its-you-expanding-pricey-ad-campaign-and-pushing-hero-products/#comments</comments>
		<pubDate>Tue, 15 Dec 2009 13:40:19 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=20852</guid>
		<description><![CDATA[When Yahoo launched its massive advertising campaign--featuring the tag line, "It's Y!ou"--earlier this fall with splashy events in New York and slick marketing rollouts all over the U.S., not everyone at the Internet portal loved it.

"It's not M!e," joked a longtime Yahoo exec to BoomTown in an email, one of many like it that I got from inside the company, all of which worried about whether the motto and ad effort had enough punch and point to get Yahoo back on track.

Well, Yahoo is sticking to its guns as it moves into the next phase of efforts to revitalize its brand with more specifics about its products and "relevance."]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/12/its-you.png"><img src="http://kara.allthingsd.com/files/2009/12/its-you-250x154.png" alt="its-you" title="its-you" width="250" height="154" class="alignright size-medium wp-image-21977" /></a></p>
<p>When Yahoo launched its massive advertising campaign&#8211;featuring the tagline, &#8220;It&#8217;s Y!ou&#8221;&#8211;earlier this fall with <a href="http://mediamemo.allthingsd.com/20090922/live-from-new-york-yahoo-introduces-you">splashy events in New York</a> and slick marketing rollouts all over the U.S., not everyone at the Internet portal loved it.</p>
<p>&#8220;It&#8217;s not M!e,&#8221; joked a longtime Yahoo (YHOO) exec to BoomTown in an email, one of many like it that I got from inside the company, all of which worried about whether the motto and ad effort had enough punch and point to get Yahoo back on track.</p>
<p>And, outside the company, several too-early reports purported to show that the $100 million campaign to revitalize the Yahoo brand was not working because it had not increased audience&#8211;although both Forrester Research (FORR) and Nielsen penned counterarguments.</p>
<p>In any case, none of the noise seems to have bothered the Silicon Valley-based Yahoo, whose execs say they are thrilled with the results so far. Thus, Yahoo is staying on message as it moves into the latest phase of the multiyear effort.</p>
<p>That includes adding to the overall brand promise more specific &#8220;product proof points&#8221; that focus on Yahoo&#8217;s &#8220;hero products,&#8221; such as search, email, homepage, mobile and more.</p>
<p>Yahoo&#8217;s <a href="http://kara.allthingsd.com/20091019/yahoo-hires-goodby-as-top-creative-agency-for-its-ongoing-brand-revitalization">new lead creative team at Goodby, Silverstein &#038; Partners</a> has been working on the next direction, which will roll out after the new year and stress &#8220;relevance.&#8221;</p>
<p>The next push will include even more online advertising, as well as more outdoor branding. But it will also add guerrilla marketing, such as live demos at analog locations, from Internet cafes in Malaysia to senior citizen centers here in the U.S.</p>
<p>What&#8217;s not changing at all is the main brand declaration, as the message rolls out to more countries in the months ahead.</p>
<p>&#8220;We are committed to &#8216;It&#8217;s You,&#8217; and it is a foundational element that will remain intact,&#8221; said Penny Baldwin, SVP of Yahoo&#8217;s global integrated marketing and brand management, in an interview with me. &#8220;Now we are going to be demonstrating and tuning the experience.&#8221;</p>
<p><a href="http://kara.allthingsd.com/files/2009/12/yahoo-3.jpg"><img src="http://kara.allthingsd.com/files/2009/12/yahoo-3-233x300.jpg" alt="yahoo-3" title="yahoo-3" width="233" height="300" class="alignleft size-medium wp-image-21979" /></a></p>
<p>Added Baldwin, who <a href="http://kara.allthingsd.com/20090701/yahoos-extreme-makeover-confirmed-with-the-hiring-of-a-new-global-marketing-exec">arrived at the company this summer</a>: &#8220;The first chapter has been to root the brand position&#8230;since the image and stance was muddied in the past. Now, we are going to clarify our position.&#8221;</p>
<p>And that position is that Yahoo execs believe feedback from sales, consumers, employees and advertisers to the campaign has been largely positive and will goose its business.</p>
<p>More to the point, said Baldwin, the effort has started to show some results, especially in international markets such as India and the U.K, where the brand campaign first launched.</p>
<p>&#8220;Our main message has been to say that we have more of what you want and less of what you don&#8217;t want and showing relevance is working,&#8221; said Baldwin. &#8220;We are simply give it more meaning and more evidence, so consumers will spend more time with us.&#8221;</p>
<p>Baldwin points to several different and more recent polls, including from comScore (SCOR) and Nielsen, that do indeed show increases in Yahoo homepage engagement of three to five percent from September to October.</p>
<p>A Yahoo spokesman said that the company&#8217;s goal has been mostly to &#8220;increase engagement with U.S. audience (where we saw positive results in page views, time spent) rather than on unique visitors, which will take longer as we already have about 80 percent penetration.&#8221;</p>
<p>In less mature markets, the spokesman noted, both traffic and engagement are the goals.</p>
<p>As for any grumpy employees, the spokesman said a recent internal Yahoo survey showed that about 80 percent of employees responded favorably or very favorably to the brand, and another 13 percent were neutral.</p>
<p>(Apparently, that was the 13 percent who all emailed me!)</p>
<p>Most important, he said, Yahoo was sticking to its guns because it has seen &#8220;statistically significant lifts in &#8216;brand familiarity&#8217; and &#8216;future brand usage.&#8217;&#8221;</p>
<p>That&#8217;s a fancy way of saying people are noticing the ads, which would be hard not to, since they are everywhere (including on this Web site).</p>
<p>And there will be more where that came from, said Baldwin, as the company leans further into its initial efforts at making consumers think again about Yahoo.</p>
<p>&#8220;This is a brand transformation issue,&#8221; said Baldwin flatly.</p>
]]></content:encoded>
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		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>&quot;Come to Think of It, eBay&quot;&#8211;Is That a Killer Ad Motto or a Desperate Plea for Attention? (Plus Old Commericals!)</title>
		<link>http://allthingsd.com/20091102/come-to-think-of-it-ebay-is-that-a-killer-ad-motto-or-a-desperate-plea-for-attention-plus-old-commericals/</link>
		<comments>http://allthingsd.com/20091102/come-to-think-of-it-ebay-is-that-a-killer-ad-motto-or-a-desperate-plea-for-attention-plus-old-commericals/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 12:10:59 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[Commerce]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=20110</guid>
		<description><![CDATA[BoomTown is not quite sure what to think of another new advertising campaign from an Internet giant--this time by eBay.

With the tagline, "Come to Think of It, eBay," the print, television and online marketing campaign starts today to "boost its standing as a holiday shopping destination."

Interestingly, the ads have been crafted by San Francisco-based Goodby, Silverstein &#38; Partners, which has also just nabbed the lead role in the $100 million advertising campaign by Yahoo.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/11/ebay.jpg"><img src="http://kara.allthingsd.com/files/2009/11/ebay-249x146.jpg" alt="ebay" title="ebay" width="249" height="146" class="alignright size-medium wp-image-20114" /></a></p>
<p>BoomTown&#8211;fresh from <a href="http://kara.allthingsd.com/20091102/and-you-thought-ask-com-had-an-annoying-jingle-try-bing-goes-the-internet/">slapping around six graders caught in a Bing stupor</a> and commenting on the use of <a href="http://kara.allthingsd.com/20091028/beware-google-bing-is-going-to-suck-your-blood-um-market-share-the-new-commercial/">restaurant-seeking vampires</a> by Microsoft (MSFT)&#8211;is also not quite sure what to think of another new advertising campaign from an Internet giant.</p>
<p>This time, it is coming from eBay (EBAY).</p>
<p>With the tagline, &#8220;Come to Think of It, eBay,&#8221; the ads start today, according to a <a href="http://online.wsj.com/article/SB10001424052748704746304574505543900212118.html?mod=WSJ_hps_sections_tech">report in The Wall Street Journal</a>, to &#8220;boost its standing as a holiday shopping destination.&#8221;</p>
<p>Interestingly, the new marketing campaign in print, television and online&#8211;the first for the Web commerce giant in 18 months&#8211;has been crafted by San Francisco-based Goodby, Silverstein &#038; Partners, which has also <a href="http://kara.allthingsd.com/20091019/yahoo-hires-goodby-as-top-creative-agency-for-its-ongoing-brand-revitalization/">just nabbed the lead role</a> in the $100 million advertising campaign by Yahoo (YHOO).</p>
<p>Goodby, owned by the Omnicom Group (OMC), is known for its innovative ideas and has done such memorable campaigns as the Slowsky turtles for Comcast (CMCSA), the weird folk of Emerald Nuts, owned by Diamond Foods (DMND)&#8211;as well as campaigns for tech companies such as Hewlett-Packard (HPQ), Adobe Systems (ADBE) and Netflix (NFLX).</p>
<p>Still, Goodby might be getting a little too cute here, because &#8220;Come to Think of It&#8221; could remind consumers exactly how much they <em>have</em> forgotten about eBay.</p>
<p>At best, &#8220;come to think of it&#8221; is a double-edged sword.</p>
<p>In a good scenario: &#8220;<em>Come to think of it</em>, I really haven&#8217;t listened to my &#8216;Frampton Comes Alive&#8217; album in forever and I really want to hear it again.&#8221;</p>
<p>In a bad scenario: &#8220;An old girlfriend of mine is trying to friend me on Facebook&#8211;but, <em>come to think of it</em>, she was pretty freaky and I am very scared she found me again.&#8221;</p>
<p>You get the idea! Come to think of it: Play at home!</p>
<p>Actually, according to the Journal story, Lorrie Norrington, president of eBay&#8217;s marketplace operations, is pushing a different meaning of the phrase: &#8220;to shift the buyer perception of what eBay is today.&#8221;</p>
<p>The San Jose, Calif.-based company has to shift perceptions since it has seen its core marketplace business suffer, even as it has advertised less.</p>
<p>Here&#8217;s a video of one of the new ads, as well as some past ones&#8211;all of which include an unusual amount of Broadway-style singing, dancing and egregiously fabulous frolicking for a company led by then-CEO Meg Whitman.</p>
<p>But, come to think of it, Meg: <em>Not that there&#8217;s anything wrong with that!</em></p>
<p>And, I could not resist adding at the end Weird Al Yankovic&#8217;s funny parody song about eBay, with video clips synched.</p>
<p>Enjoy:</p>
<p><strong>&#8220;Come to Think of It, eBay&#8221;:</strong></p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=F6F5CC7B-765E-4C6D-A885-730E0442D6DB&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={F6F5CC7B-765E-4C6D-A885-730E0442D6DB}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
<p><strong>&#8220;On eBay&#8221;:</strong></p>
<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/fJZMo-F5YGs&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/fJZMo-F5YGs&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p><strong>&#8220;That&#8217;s on, eBay&#8221;:</strong></p>
<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/iiLdP-itBzc&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/iiLdP-itBzc&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p><strong>&#8220;Do It, eBay&#8221;:</strong></p>
<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/hE9xfKsgjak&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/hE9xfKsgjak&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
<p><strong>&#8220;Found It on eBay&#8221; by Weird Al Yankovic:</strong></p>
<p><object width="320" height="265"><param name="movie" value="http://www.youtube.com/v/HYokLWfqbaU&#038;hl=en&#038;fs=1&#038;"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/HYokLWfqbaU&#038;hl=en&#038;fs=1&#038;" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="320" height="265"></embed></object></p>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>The Yahoo Ad Campaign Creative We&#039;d Like to See</title>
		<link>http://allthingsd.com/20090922/yahoo-ad-campaign-creative-wed-like-to-see/</link>
		<comments>http://allthingsd.com/20090922/yahoo-ad-campaign-creative-wed-like-to-see/#comments</comments>
		<pubDate>Wed, 23 Sep 2009 00:41:13 +0000</pubDate>
		<dc:creator>Kara Swisher</dc:creator>
				<category><![CDATA[D7]]></category>
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		<category><![CDATA[D: All Things Digital]]></category>
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		<guid isPermaLink="false">http://kara.allthingsd.com/?p=18729</guid>
		<description><![CDATA[Yahoo introduced its new $100 million marketing and branding campaign in New York today with "It's Y!ou" as the new motto, making use of the Internet giant's famous exclamation point and aimed at its customers.

Sure, it's clever and all, but All Things Digital has come up with a much better advertising idea focused on Yahoo CEO Carol Bartz, a sassy and ofttimes salty exec whose pugnacious utterances have become legend quickly.]]></description>
			<content:encoded><![CDATA[<p><a href="http://kara.allthingsd.com/files/2009/09/3941699976_328c3c6564.jpg"><img src="http://kara.allthingsd.com/files/2009/09/3941699976_328c3c6564-250x166.jpg" alt="3941699976_328c3c6564" title="3941699976_328c3c6564" width="250" height="166" class="alignright size-medium wp-image-18730" /></a></p>
<p>Yahoo <a href="http://mediamemo.allthingsd.com/20090922/live-from-new-york-yahoo-introduces-you/">introduced its new $100 million marketing and branding campaign</a> in New York today with &#8220;It&#8217;s Y!ou&#8221; as the new motto, making use of the Internet giant&#8217;s famous exclamation point.</p>
<p>Sure, it&#8217;s clever and all, but BoomTown felt the need to jump in and help Yahoo (YHOO), since our posts have been a little tough when it has come to the Silicon Valley icon&#8217;s tumultuous ride over the last two years.</p>
<p>So, while CEO Carol Bartz (pictured above as a giant lady on the Nasdaq Jumbotron in Times Square) explained&#8211;as reported by MediaMemo&#8217;s Peter Kafka&#8211;that &#8220;Yahoo is the only site where you when you wake up in the morning and you want to know what’s going on everywhere about everything, you can find it one place,&#8221; I&#8217;d say there&#8217;s more to the brand that just that!</p>
<p>In fact, there&#8217;s Bartz herself, a sassy and ofttimes salty exec whose pugnacious utterances have become legend quickly.</p>
<p>Today, for example, when asked about a comparison with its search rival, she noted, &#8220;Why not be cynical about <em>fricking</em> Google?&#8221;</p>
<p>That was mild in comparison to her cursing me out at the seventh <strong>D: All Things Digital</strong> conference when she thought I was insinuating she was too old to be an Internet exec (you can see that exchange in the video below).</p>
<p>Thus, please take a gander at our branding effort for Yahoo below.</p>
<p>(While Yahoo has Ogilvy &#038; Mather to do its work, <strong>ATD</strong> has the very clever Photoshop stylings of<a href="http://digitaldaily.allthingsd.com/"> Digital Daily&#8217;s John Paczkowski</a> to work our marketing magic.)</p>
<p>Best of all, you can switch out the picture and moniker to denote any Yahoo foe&#8211;Google (GOOG); Microsoft (MSFT) CEO Steve Ballmer if he does not behave in the new search-partnership deal; billionaire investor and Yahoo board member Carl Icahn; and more!</p>
<p>Fondly dedicated to Carol&#8211;and the rest of the Yahoo crew, especially Judy&#8211;here&#8217;s our ad (click on the image to make it larger):</p>
<p><a href="http://kara.allthingsd.com/files/2009/09/fyoukara.jpeg"><img src="http://kara.allthingsd.com/files/2009/09/fyoukara.jpeg" alt="fyoukara" title="fyoukara" width="320" height="213" class="aligncenter size-full wp-image-18728" /></a></p>
<p>And <a href="http://d7.allthingsd.com/20090528/d7-video-by-popular-demand-carol-bartz-sound-bites/">here is Bartz in action</a> at <strong>D7</strong>, cussing me out at 00:57 in the video of the interview:</p>
<p><div class="video-wsj"><object width="640" height="360"><param name="movie" value="http://s.wsj.net/media/swf/microPlayer.swf"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><param name="flashvars" value="videoGUID=CECDCD68-0182-4AA4-BC10-30A6804A8AC3&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/"name="microflashPlayer"></param><embed src="http://s.wsj.net/media/swf/microPlayer.swf" bgcolor="#FFFFFF" flashVars="videoGUID={CECDCD68-0182-4AA4-BC10-30A6804A8AC3}&playerid=4001&plyMediaEnabled=1&configURL=http://m.wsj.net/video-players/&autoStart=false" base="http://s.wsj.net/media/swf/" name="microflashPlayer" width="640" height="360" seamlesstabbing="false" type="application/x-shockwave-flash" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed><br />[ See post to watch video ]</div></object></p>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>A Battle of Good Vs. Don&#039;t Be Evil</title>
		<link>http://allthingsd.com/20080612/a-battle-of-good-vs-dont-be-evil/</link>
		<comments>http://allthingsd.com/20080612/a-battle-of-good-vs-dont-be-evil/#comments</comments>
		<pubDate>Thu, 12 Jun 2008 12:00:29 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[Eric Schmidt]]></category>
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		<category><![CDATA[John Paczkowski]]></category>
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		<guid isPermaLink="false">http://digitaldaily.allthingsd.com/20080611/a-battle-of-good-vs-dont-be-evil/</guid>
		<description><![CDATA[Now that Google's demonstrated that you can, in fact, make money without doing evil, it's apparently wiling to admit you can make even more without lending much credence to silly informal corporate mottos.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.lot49.com/evil_scale.html"><img src='http://digitaldaily.allthingsd.com/files/2008/06/evil_scale.jpg' class='centered' style="border: 1px solid #000;" alt='evil_scale.jpg' /></a></p>
<p>Now that Google (GOOG) has demonstrated that you can, in fact, make money without doing evil, it&#8217;s apparently willing to admit you can make even more without lending much credence to silly informal corporate mottos. Google&#8217;s moral relativism in quotations below.</p>
<p><strong>2008</strong></p>
<blockquote><p>
&#8216;Don&#8217;t be evil&#8217; is misunderstood. <a href="http://news.yahoo.com/s/nm/20080612/bs_nm/google_dc_3">We don&#8217;t have an &#8216;Evilmeter&#8217; we can sort of apply&#8211;you know&#8211;what is good and what is evil.</a> &#8230; The rule allows for conversation. I thought when I joined the company this was crap&#8230; it must be a joke. I was sitting in a room in [the] first six months&#8230; talking about some advertising&#8230; and someone said that it is evil. It stopped the product. It&#8217;s a cultural rule, a way of forcing the conversation especially in areas that are ambiguous.&#8221;</p>
<p>&#8211;<a href="http://news.cnet.com/8301-13953_3-9966025-80.html?part=rss&#038;subj=news&#038;tag=2547-1_3-0-20">Google Chairman and CEO Eric Schmidt, June 11, 2008</a> </p></blockquote>
<blockquote><p>It really wasn&#8217;t like an elected, ordained motto. I think that &#8216;Don&#8217;t Be Evil&#8217; is a very easy thing to point at when you see Google doing something that you personally don&#8217;t like; it&#8217;s a very easy thing to point out, so it does get targeted a lot.&#8221;</p>
<p>&#8211;<a href="http://www.smh.com.au/news/biztech/dont-be-evil/2008/04/15/1208025168177.html?page=fullpage#contentSwap2">Google VP Marissa Mayer, April 15, 2008</a></p></blockquote>
<p><strong>2006</strong></p>
<blockquote><p>Many, if not most, of you here know that one of Google&#8217;s corporate mantras is “Don&#8217;t be evil.” Some of our critics&#8211;and even a few of our friends&#8211;think that phrase arrogant, or naïve or both. It&#8217;s not. It&#8217;s an admonition that reminds us to consider the moral and ethical implications of every single business decision we make.&#8221;</p>
<p>&#8211;<a href="http://googleblog.blogspot.com/2006/02/testimony-internet-in-china.html">Google VP of Global Communications and Public Affairs Elliot Schrage, Feb. 15, 2006</a></p></blockquote>
<blockquote><p>We actually did an evil scale and decided not to serve at all was worse evil.&#8221;</p>
<p>–-<a href="http://blogs.siliconvalley.com/gmsv/2006/01/quoted-222.html">Google CEO Eric Schmidt on the company&#8217;s decision to offer a censored version of its search services in China, Jan. 30, 2006</a></p></blockquote>
<p><strong>2005</strong></p>
<blockquote><p>I think it&#8217;s much better than Be Good or something. When you are making decisions, it causes you to think. I think that&#8217;s good.&#8221;</p>
<p>&#8211;Google co-founder Larry Page, &#8220;The Search: How Google and Its Rivals Rewrote the Rules of Business and Transformed Our Culture,&#8221; 2005</p></blockquote>
<p><strong>2002</strong></p>
<blockquote><p>Evil is what Sergey says is evil.&#8221;</p>
<p>–-<a href="http://blogs.siliconvalley.com/gmsv/2006/01/quoted-222.html">Google CEO Eric Schmidt, December 2002</a></p></blockquote>
]]></content:encoded>
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		</item>
		<item>
		<title>A Battle of Good Vs. Don't Be Evil</title>
		<link>http://allthingsd.com/20080612/a-battle-of-good-vs-dont-be-evil-2/</link>
		<comments>http://allthingsd.com/20080612/a-battle-of-good-vs-dont-be-evil-2/#comments</comments>
		<pubDate>Thu, 12 Jun 2008 12:00:29 +0000</pubDate>
		<dc:creator>John Paczkowski</dc:creator>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[Eric Schmidt]]></category>
		<category><![CDATA[evil]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[John Paczkowski]]></category>
		<category><![CDATA[Marissa Mayer]]></category>
		<category><![CDATA[motto]]></category>
		<category><![CDATA[Sergey Brin]]></category>

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		<description><![CDATA[Now that Google's demonstrated that you can, in fact, make money without doing evil, it's apparently wiling to admit you can make even more without lending much credence to silly informal corporate mottos.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.lot49.com/evil_scale.html"><img src='http://digitaldaily.allthingsd.com/files/2008/06/evil_scale.jpg' class='centered' style="border: 1px solid #000;" alt='evil_scale.jpg' /></a></p>
<p>Now that Google (GOOG) has demonstrated that you can, in fact, make money without doing evil, it&#8217;s apparently willing to admit you can make even more without lending much credence to silly informal corporate mottos. Google&#8217;s moral relativism in quotations below.</p>
<p><strong>2008</strong></p>
<blockquote><p>
&#8216;Don&#8217;t be evil&#8217; is misunderstood. <a href="http://news.yahoo.com/s/nm/20080612/bs_nm/google_dc_3">We don&#8217;t have an &#8216;Evilmeter&#8217; we can sort of apply&#8211;you know&#8211;what is good and what is evil.</a> &#8230; The rule allows for conversation. I thought when I joined the company this was crap&#8230; it must be a joke. I was sitting in a room in [the] first six months&#8230; talking about some advertising&#8230; and someone said that it is evil. It stopped the product. It&#8217;s a cultural rule, a way of forcing the conversation especially in areas that are ambiguous.&#8221;</p>
<p>&#8211;<a href="http://news.cnet.com/8301-13953_3-9966025-80.html?part=rss&#038;subj=news&#038;tag=2547-1_3-0-20">Google Chairman and CEO Eric Schmidt, June 11, 2008</a> </p></blockquote>
<blockquote><p>It really wasn&#8217;t like an elected, ordained motto. I think that &#8216;Don&#8217;t Be Evil&#8217; is a very easy thing to point at when you see Google doing something that you personally don&#8217;t like; it&#8217;s a very easy thing to point out, so it does get targeted a lot.&#8221; </p>
<p>&#8211;<a href="http://www.smh.com.au/news/biztech/dont-be-evil/2008/04/15/1208025168177.html?page=fullpage#contentSwap2">Google VP Marissa Mayer, April 15, 2008</a></p></blockquote>
<p><strong>2006</strong></p>
<blockquote><p>Many, if not most, of you here know that one of Google&#8217;s corporate mantras is “Don&#8217;t be evil.” Some of our critics&#8211;and even a few of our friends&#8211;think that phrase arrogant, or naïve or both. It&#8217;s not. It&#8217;s an admonition that reminds us to consider the moral and ethical implications of every single business decision we make.&#8221;</p>
<p>&#8211;<a href="http://googleblog.blogspot.com/2006/02/testimony-internet-in-china.html">Google VP of Global Communications and Public Affairs Elliot Schrage, Feb. 15, 2006</a></p></blockquote>
<blockquote><p>We actually did an evil scale and decided not to serve at all was worse evil.&#8221;</p>
<p>–-<a href="http://blogs.siliconvalley.com/gmsv/2006/01/quoted-222.html">Google CEO Eric Schmidt on the company&#8217;s decision to offer a censored version of its search services in China, Jan. 30, 2006</a></p></blockquote>
<p><strong>2005</strong></p>
<blockquote><p>I think it&#8217;s much better than Be Good or something. When you are making decisions, it causes you to think. I think that&#8217;s good.&#8221;</p>
<p>&#8211;Google co-founder Larry Page, &#8220;The Search: How Google and Its Rivals Rewrote the Rules of Business and Transformed Our Culture,&#8221; 2005</p></blockquote>
<p><strong>2002</strong></p>
<blockquote><p>Evil is what Sergey says is evil.&#8221;</p>
<p>–-<a href="http://blogs.siliconvalley.com/gmsv/2006/01/quoted-222.html">Google CEO Eric Schmidt, December 2002</a></p></blockquote>
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