Official Chinese Media Lash Out at Google; Wall Street Journal
A leading Chinese government newspaper lashed out at Google Inc., saying the company’s allegations of China-based hacking were a politically motivated attempt to spark new disputes between China and the U.S.
The Takeaway: Google shouldn’t engulf itself in the international political war as a tool for political gaming. If there is “any change in the international atmosphere, I am afraid Google will become a target to be sacrificed by politics, and also will be discarded by the market.
Twitter and Facebook reminders banned from French airwaves; The Guardian
The internet sites have fallen foul of a 1992 decree that outlaws the advertising or promotion of private business on programmes. Journalists will no longer be able to end their reports by saying “Follow us on Twitter” or “Have a look at our Facebook page”, because the French government deems this as either blatant or subliminal promotion, and has decided it is unfair to other similar networks.
The Takeaway: Perhaps one day Facebook will become a generic term, but for the moment (at least according to the French government) it is a commercial enterprise – a leading one, certainly, but not the only one.
Internet Week Kicks off in New York; Wall Street Journal
New York, which long has suffered from Silicon Valley envy, is kicking off a weeklong Internet fete.
The Takeaway: Visitors will be able to see the original versions of more than two dozen websites from the past two decades, displayed on computers and other gadgets from the corresponding eras.
Google Wallet Puts Banks In Its Pocket; On Wall Street
Google Inc. isn’t asking for a share of the payments revenue generated with its new mobile wallet. Nevertheless, partnering with the search engine juggernaut could be a trade-off for banks.
The Takeaway: Some experts say Banks may be leaving money on the table if they allow Google to keep all of that advertising revenue for itself.