SearchCap: The Day In Search, October 25, 2007

Below is what happened in search today, as reported on Search Engine Land and from other places across the web.

From Search Engine Land:

  • Facebook Raises $500 Million More
    It appears that $240 million is not enough. Forbes is reporting that Facebook has raised an additional $500 million from two New York based hedge funds, each contributing $250 million at the same $15 billion valuation. That would mean Facebook has raised about $740 million in this round, giving up…
  • Microsoft’s Ballmer: Bidding On 700 MHZ Would ‘Alienate The Telecom Industry’
    Speaking on Tuesday at the CTIA mobile trade show, Microsoft’s CEO Steve Ballmer definitively said that the company would not bid for wireless spectrum licenses next year. Reuters quotes Ballmer as saying, “What would it buy us to buy a piece of spectrum, one piece of spectrum in one country…It…
  • Google Analyst Day Roundup: Search, Ads, Apps And The Big Dashboard
    There are a number of stories this morning recapping aspects of the Google Analyst Day discussions, which were overshadowed to some degree by the Microsof-Facebook announcement yesterday. While most of it appears to have been a basic overview intended to remind financial analysts and some press about the range of…
  • Google Made 20 “Improvements” To AdWords In Q3 2007
    Google bullish on advertising system from the Financial Times reports that Google has made 20 or so improvements to their search ad system in the last quarter. Nick Fox, director of product management in the advertising division, said that in the third quarter of 2006, Google only made 2 or…
  • Yahoo Launches Search Assist In UK
    Yahoo has informed me that they have launched Yahoo Search Assist in the UK. So if you go to and conduct a search, you will see the Search Assist feature: Yahoo launched this in the US earlier this month….
  • Yahoo’s Ex-CEO, Semel, Sells Off 750,000 Yahoo Shares
    Yahoo Chairman Semel exercises options from CNNMoney reports that Terry Semel, Yahoo’s old CEO, has exercised 750,000 options. He exercised options for $15 each and then sold those options for $29 to $29.90 each. You can see the detailed transactions on this SEC filing, which shows he first exercised 500,000…
  • Eric Schmidt, Google’s CEO, Confident DoubleClick Deal Will Be Approved
    Google In ‘Good Shape’ Awaiting OK On DoubleClick Buy – CEO from SmartMoney reports that Google’s CEO, Eric Schmidt is very confident the DoubleClick acquisition will be approved by the U.S. Federal Trade Commission. Schmidt said at Google Analyst day, that Google is in “good shape” for the deal to…
  • Google To Re-Design Products For Chinese Users
    Google to focus on mobile Internet in China from Reuters reports that Google China will be re-designing their products for the Chinese user base. Lee Kai-fu, Google Inc’s president for greater China, said: These mobile users have very different usage patterns from the American users. Most Chinese users who touch…
  • Social Media Marketing: The New SEO?
    Fall is the time of year when we start to look at where search marketing is heading. Looking at the latest search marketing conference agendas, articles, and online news in the SEM space, it certainly appears that social media marketing and networking are the wave of the future. To…
  • Search Windows of Opportunity: Topicality, Regionality, Seasonality and the Small Business
    There are opportunites that small businesses have that large businesses might not even considering touching, or that they may not have the ability to respond to quickly enough. The aerospace industry uses the term “launch window” to describe the right combination of time and location for a rocket to…
  • Live Search Almost Certainly Coming To Facebook
    During this afternoon’s Microsoft-Facebook conference call, the question was asked whether the new deal would include paid search. Microsoft’s Kevin Johnson and Facebook’s Owen Van Natta declined to directly answer the question and made general statements about future collaboration and that the deal a “win win win.” Nobody listening was…
  • Microsoft Makes $240 Million Investment In Facebook
    The conference call is going on now. Here’s what the press release says: Facebook and Microsoft Corp. today announced that Microsoft will take a $240 million equity stake in Facebook’s next round of financing at a $15 billion valuation, and the companies will expand their existing advertising partnership. Under the…
  • Yahoo! 360 Quietly Slips Away
    Yahoo! has decided that their blogging and social networking platform, Yahoo! 360, is a failed experiment, and they’re pulling the plug. The news comes via Techcrunch, which noted that Jerry Yang announced it in a blog post on October 16. The Yahoo 360 blog explained the shut down in more…

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About The Author: is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here. For more background information on Barry, see his full bio over here.

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