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Google Shareholder Meeting Recap

If you’re not a fan of Google-related news, you might want to turn away now (we’ll tell you when it’s safe to resume reading).

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Google held its annual shareholders meeting yesterday and discussed lots of topics. Here are the Pilgrim’s CliffsNotes:

Yahoo: "Excited to be working with them…They were under a hostile attack and we wanted to make sure they had as many options as possible."

YouTube: New ad products in development that are neither pre-roll or post-roll.

Microsoft: "Microsoft is a very large competitor across all facets of Google for many reasons. Applications. Search. Advertising, display. Microsoft is well-funded, clever, smart, and they have a lot of advantages nobody else has."

Microsoft/Yahoo Deal: "Obviously we’re happy it didn’t happen..Had the merger gone through, we would actually have had to have a meeting about it… have a campaign against the merger."

Clearwire/WiMax Investment: "Having more competition in that space is good. And having more end-user services that need high-speed."

Economy: "There’s been no change in the impact of the economy on our business."

Finding New CFO: "…usually takes a year…we’re picky."

Shareholder Proposals: voted down regarding censorship on the Internet and human-rights issues in countries that Google does business in. Co-founder Sergey Brin abstained from voting on the proposals, saying he agreed with their spirit. "Directionally, the two proposals are correct," Brin told 200 shareholders in the audience.

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Comments

News Tags: Yahoo, Google, Microsoft, WiMax
About the author:
Andy Beal is an internet marketing consultant and considered one of the world's most respected and interactive search engine marketing experts. Andy has worked with many Fortune 1000 companies such as Motorola, CitiFinancial, Lowes, Alaska Air, DeWALT, NBC and Experian.

You can read his internet marketing blog at Marketing Pilgrim and reach him at andy.beal@gmail.com.
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