Wednesday, October 8, 2008
If This Monetization Plan Doesn’t Work Out, There’s Always the Amazon Tip Jar
It’s been two years since the $1.65 billion acquisition and Google has yet to truly monetize YouTube. And while Google CEO Eric Schmidt insists the company has the “luxury of time” as it searches for ways to recoup its investment in the popular video site, it’s clear the issue is gradually becoming more pressing. “We’re waiting for the innovations,” he said recently. “The innovation will come. We know it will come. We know it’s there.” Could the “it” to which Schmidt refers be the new e-commerce platform YouTube is launching?
Carl Icahn’s a busy guy–busier than usual lately penning broadsides against Yahoo. So he can be forgiven the 138-day delay in lauching “Icahn Report,” the blog he announced back in February. Earlier today the blog offered nothing more than a placeholder page, but a few moments ago it went live with Icahn’s promised anecdotes on “the desultory state of corporate governance in America.” And, specifically, Yahoo.
