This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Google Gets eBay's Goat

With friends like Google (GOOG - Get Report), who needs enemies?

On Wednesday, eBay (EBAY - Get Report) announced that it would pull its advertising from Google as part of an experiment to gauge the effectiveness of its marketing dollars.

However, that decision came on the heels of an underhanded move by Google to poach eBay users. And nobody believes the timing of eBay's "experiment" was mere coincidence.

But while the fireworks between the two companies may steal the show, investors can glean some valuable lessons from the exchange. Google's move suggests a sign of desperation to push its struggling Checkout online-payment service. And for all the lip service Google has been giving to the importance of partnerships, the company can be unusually abrasive when push comes to shove.

Here's what happened:

eBay, the largest buyer of ads on Google and the one publicly pointed to as a key partner, was set to host an event in Boston for its users on Thursday night. Google decided to throw its own party on the same day, with invitations specifically aimed at eBay users.

"Are you an online seller attending eBay Live! in Boston this week?" Google wrote on its blog. "If so, join us for a celebration of user choice at the Google Checkout Freedom Party on Thursday night."

Want more? Check out TV video. Vishesh takes a closer look at the ramifications for Google.
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
EBAY $23.91 0.46%
GOOG $697.60 0.27%
AAPL $92.72 -0.96%
FB $117.75 -0.26%
TSLA $213.19 -4.20%


Chart of I:DJI
DOW 17,648.76 -2.50 -0.01%
S&P 500 2,054.61 +3.49 0.17%
NASDAQ 4,732.5120 +6.8730 0.15%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs