Google Says Microsoft Bigger Threat Than Facebook
Google CEO Eric Schmidt believes that Microsoft is a bigger threat to the search engine giant than social networking giant Facebook. Microsoft’s Bing has recently been getting an increased market share in web search but is still way behind Google than has close to 83% of the market share in web search. However, considering Microsoft’s global outreach and expansion, it would not be wrong to say that Bing has room for increased market share in web search. One cannot underestimate Microsoft and it’s prowess. Steve Ballmer, the CEO of Microsoft is regarded one of the smartest and respected executives and possesses what it takes to make Bing successful in the near future.
However, it would be not be smart to forget about Facebook. The company has been gaining all the headlines and media attention courtesy of its speeding number of users and the hype surrounding it going public early next year. Facebook will make it’s IPO no later than April 30th, 2012. Mark Zuckerberg is very ambitious and it is evident from his plans to expand to China where he recently visited and met some top executives including the CEO of Baidu ( Baidu is more popularly known as the Google of China). Also Facebook has managed to get some top engineers and executives from Microsoft and other leading companies. According to reports, the company has been hiring a lot of graduates from India and is one of the top recruiters from the IIT’s (Indian Institute of Technology), better known as the Ivy League colleges of India.
I think the competition is going to be great for the market and also for the public and we will see a lot of innovation coming out of these companies. Google, Microsoft and Facebook are three very ambitious firms and we shall wait and see what they have in store for us in the near future!