This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Google Talks the Talk

Google (GOOG) jumped into the instant messaging and voice chat markets Wednesday with its Google Talk product, a widely anticipated release that takes the company one step closer to becoming an all-in-one means of collecting and sharing information.

The new product, still in beta, offers a retort to those who argued that Google wasn't creating many new products beyond search, although it's not clear yet how the company plans to monetize Google Talk.

Details of the new product were posted on talk.google.com, which explained that Google Talk was "a downloadable Windows application that enables users to quickly and easily talk or send instant messages to their friends for free. Calls are made through your computer using the latest voice technology; all you need is an Internet connection, a microphone and a speaker."

With Google Talk, it's hard to tell who will face the brunt of the new competition -- whether it's Yahoo (YHOO - Get Report), which introduced voice capability into its most recent version of Yahoo Instant Messenger; Time Warner's (TWX - Get Report) AOL, which is revamping its IM product that has long been the most popular; or, ultimately, phone carriers like Verizon (VZ - Get Report), which may find people canceling land lines if Google, which has a real flair for popularizing new technologies, is on to something big here.

Google Talk won't display ads, pop-up or otherwise -- a decision that will surely please users more than it will investors who have yet to be satisfied with the company's already burgeoning revenue growth. Those using Google Talk will need a Gmail account, where text ads are displayed, so it's possible the instant messaging technology could spur deeper usage of Google's email programs.

On its site, Google made assurances that it will protect privacy of users. "Google does not collect the content of instant message chats or voice conversations," the site said, "And we plan to fully support encryption of chats and calls before our official release."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs