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Facebook Debuts New Messaging ServiceFacebook unveiled a new email-based messaging based service to its 500 million users, putting it in more directo competition with established giants Yahoo! and Google.
(Full article at International Business Times)

Baidu Struggled in China, Too
Google failed in China because it did not understand the Chinese Internet market, not because the playing field was unfairly tilted against it, said Robin Li, the chief executive…
(Full article at NYTimes.com)

Study: Are Google Searches Affecting the Stock Market?
A joint study by academics in Germany and the U.S. sheds new – and disturbing – light on the power of Google. Published today in the latest issue of Philosophical Transactions of the…
(Full article at TIME NewsFeed)

Ask search engine laying off 130 staff
Ask.com is laying off about 130 engineers as it abandons its own technology for indexing and recommending websites. The retreat is aimed at cutting Ask.com’s costs while…
(Full article at NZ Herald News)

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