The Google Beast
And now Google supposedly is to launch a Google Wallet as a PayPal competitor. Smoke means fire and I am sure that the rumor is true and yet another Google expansion will be put in place.
It will be interesting to see how eBAY's stock reacts to this rumor. Three weeks ago Barron's magazine published a very bullish article on eBAY. The writer, Eric Savitz, particularly emphasized that eBAY's PayPal service could very well be the star driver of revenue and bottom line gains for the famed auction site.
Ironically eBAY is today announcing new PayPal initiatives.
So we have another Internet war brewing. And Google is usually in the middle of the mix. What will be the next chapter?
Jupitermedia CEO Alan Meckler
There seems to be no limits for Google Alan, from my point of view Google it's after the business of a lot of companies out there, and I believe Microsoft it's one of the primary targets. That's why Yahoo has their aim set at Hollywood, focusing on TV production, cable and all that business, simply they know there's no way at this moment to compete with Google.
As I read somewhere: "I'm going to the Google in my Google to get some Google for my Google, which I'll pay for with my Google"
Cheers, Jorge