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Did you know there is a real-time game going on right in front of our faces? And the main combatants are Google and Twitter. What is a “real-time game”? It is a race to provide the public with up-to-the-minute news and conversation…in (you guessed it) “real-time”. And right now the leader by far is Twitter…Now, this isn’t my assessment of the race, it is the assessment of none other than Larry Page, Goolge co-founder and Eric Schmidt, Google CEO… and they should know.
Here is what Page had to say, “People really want to do stuff real-time and I think they (Twitter) have done a great job about it. I think we have done a relatively poor job of creating things that work on a per-second basis”.
Google did try to make a run at Twitter in the early days. It purchased a micro-blogging company called Jaiku…but Google squandered that opportunity and stopped funding the infant Twitter competitor. Today there is speculation that Google will (excuse me) buy Twitter by making it an offer it can’t refuse. Twitter has already refused $500 million from Facebook. But CEO Schmidt says don’t be too sure about a Google purchase “We do not have to buy everybody to work with them, the whole principle of the Web is people can talk to each other”.
That’s easy for a guy to say who runs a company with $15 billion in cash and liquid assets.
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