Billion Dollar Slap!
- By: Qwaider
- On:Tuesday, March 13, 2007 10:30:32 PM
- In:Science & Technology
- Viewed: (6153) times
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Rated 4.5/5 stars (191 votes cast)
Back in October, I predicted that Google is getting dumber and is committing stupidity at the highest of levels when they decided to acquire YouTube. I would like to rephrase that to be, Google becoming more and more "Corporately arrogant" that their list of mistakes his piling up. And all those billions will not save the company from doom. Unless they learn from others who were in that seat!
Remember what happened to giants like IBM, Novell, Intel, Motorola, Sun, Lotus, Microsoft and Apple when they plunged head first in "Corporate Arrogance"? They all got their wealthy corporate behinds royally kicked some didn't even survive it.
Google is apparently heading in the same direction. The very successful company is facing it's largest lawsuit ever. A 1 Billion dollar lawsuit for copyright infringement through their very popular and recently acquired YouTube.
Viacom, the [legacy] media giant is suing because they're claiming that their products have been floating around on YouTube with potentially millions of hits that YouTube used to generate revenue through advertising.
Back in October I said, "But this new acquisition will probably mean a landslide of lawsuits for the "free" service in an unprecedented way in history (probably since the slew of law suits against Napster and Microsoft)", and looks like this is going to be the case. News Corp, GE, NBC And Mark Cuban have all criticized Google, and YouTube for this, with some preparing to wage their own suits against Google
I guess, only time will tell. I hate to see this happen to Google. There isn't a single day that I don't use one of their products or another. But with Privacy issues floating around, media suing and some very dumb ideas from Google. I fear for their future. Not only that, I have fears that this slew of copyright lawsuits might follow us back home ... Where popular services like iKbis is still in it's infancy and taking it's very first steps
Viacom is the owner of Comedy Central, MTV and several others
NBC owned by GE
Read more here: http://articles.moneycentral.msn.com/Investing/Dispatch/ViacomSuesYouTube.aspx?GT1=9215
Fadi: الله يرحمها و يجعل مثواها بعليين و يجمعك معها بالجنة بعد عمر طويل
بلوجر بالعربي: looks very good
Noura: Different home, but same longing and nostalgia .. it seems we are chasing a mirage , Beirut of my dreams does not exist nor the people i miss .. i don't know if my gains were worth the losses ? I 
price waves repeat: The other day, while I was at work, my sister stole my iphone and tested to see if it can survive a 25 foot drop, just so she can be a youtube sensation. My iPad is now broken 
Sara: You can say that again!God Bless🕊
ياسمين حميد: كما هي طبيعتنا نحن العرب، عند الانتقال بين منصة وأخرى لا نحتفظ بالأولى بل نتركها ونهجرها. الأمور عندنا خاضعة ل
Qwaider: These possessions are meaningless as you said, but it's still painful to let go :( May Allah grant you all you wish for and unite you with your loved ones
s.n.-
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7aki Fadi-
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aya-
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manal y-
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Fadi:الله يرحمها و يجعل مثواها بعليين و يجمعك معها بالجنة بعد عم%
بلوجر بالعربي:looks very good
Noura:Different home, but same longing and nostalgia .. it seems we are chasing a mirage , Beirut of my dreams does not exist nor the people i miss .. i don't know if my gains were worth the losses ? I
price waves repeat:The other day, while I was at work, my sister stole my iphone and tested to see if it can survive a 25 foot drop, just so she can be a youtube sensation. My iPad is now broken
Sara:You can say that again!God Bless🕊
ياسمين حميد:كما هي طبيعتنا نحن العرب، عند الانتقال بين منصة وأخرى لا نحت%
Qwaider:These possessions are meaningless as you said, but it's still painful to let go :( May Allah grant you all you wish for and unite you with your loved ones
Session=
Memories....
P.S.: WOW!! 22 DAYS QWAIDER...good for you! keep it up:D
At the end of the day the result is the same. Give me good products, and take the money you want. No body disagrees. But it's obvious that corporate arrogance has settled in.
I would have agreed completely with you 3 or 4 years go.
It's not hard for YouTube to remove the bad content and I don't think hits lawsuit will ever amount to anything as serious as Google losing a billion dollars or anything close to that.
I think the risk is not very high.
If you look at where Google stands. YouTube cost them 1.6 billion dollars to acquire, Add to that a 1billion lawsuit that they might end up losing (many indicate that they might) Which will add another set of lawsuit carnivore hot in their heels. The end result is the same. There are more where that came from and there are no signs of it stopping
Right after this news, Google stock fell $11.72, That's huge.
I haven't seem much innovation from Google recently. Just a bunch of lousy ideas that are flopping. And some aggressive/arrogant moves
one point i don't agree with you on is the fact that unlike napster of shaman networks is google has the money to get the lawsuit to a stalemate so i don't think they are worried, and probably its just to force them to provide a better collaberation deal.
Google to fall soon is kinda unlikely i think it'll follow after microsoft topples which is pretty soon.
As for innovation yeah haven't seen much in that area recently, but then again they must have something around the corner by now which has been there philosophy.
although they did adjust their google-ads algorithm, tho I don't think its that high on the consumer's list of must dos'
If the 'free video' fun moves to Viacom's site, it will be OK. What's important is that we don't end up paying!
Check out my post about it http://zeidnasser.blogspot.com/2007/03/protect-youtube-or-ensure-free-video.html