Google co-founder, Larry Page, will replace Eric Schmidt as the CEO in April. Schmidt tweeted “day-to-day adult supervision no longer needed” as the reason of the shake up, implying the “boys” (the founders) have grown up. I am not trying to read too much into this shift atop Google. But things may be more complicated than it seems.
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| photo credit to Wall Street Journal: Page & Schmidt |
Google and Facebook have been running in a collision course. Google's recent Groupon acquisition aims at Facebook’s new “Deals” initiative. Facebook’s new Message service is trying to compete with Gamil. Google has been frustrated in being not able to come up with a social networking program to compete with FB, lacking a gaming company acquisition is one of the main hurdles. Cityville (Zynga’s game) has reached 100 million monthly players at FB within 40 days of launch. Of FB 500 million Facebookers, as many as 200 million of them have played a game in the last month.
Google sites (including You Tube, Gmail and Google News, etc) had 181 million visitors in October last year, which was still more than 151 million for Facebook. But people are spending more time on Facebook than on Google sites and that is important for the ad sponsors.
The following is my very first comment at FB on my Facebook debut on 3/20/210.
“I better start facebooking as Facebook has topped Google on visiting the Web sites, lest I would be left too far behind. Visits to Facebook made up 7.07% of all Web visits compared with 7.03% for Google. Facebook is where all friends are.”
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