Internet

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

Google's Not-So-Extreme Makeover

05/15/06 - 11:46 AM EDT

Kevin Kelleher

Is it OK to start liking Google again?

The pendulum shift in how the press and the public feel about the company has been in bizarre parallel to the approval ratings of the Bush administration. In the early part of the decade, it seemed as if Google could do no wrong. But a backlash that began in early 2005 has gotten to such a point that the company is hit with either criticism or cynicism about every significant move it makes.

Things have gotten so bad that if you had played a drinking game at Google's press day last week, taking a shot of Wild Turkey every time a journalist flung the three magic words -- "don't be evil" -- into the faces of Google's triumvirate, you'd do some serious liver damage. One of the entertainment highlights of the event was when a reporter from the Asahi Shinbun asked the trio, "You say, 'We are not evil.' But nobody believes they are evil. How can you guarantee you are not evil?"

It's a testament to Google's unique nature that reporters feel free to launch a philosophical thumbsucker like that at its executives. On the one hand, who hasn't scoffed at Google's naïve, hackneyed motto? On the other, who's not getting tired of seeing this poor dead horse being flogged again and again?

Sure, Google brought it on itself by trumpeting "don't be evil" in the founder's statement that prefaced its IPO prospectus and pointing investors, analysts and reporters to it time and again. But given all the flak the motto has generated, the company deserves at least a little credit for not abandoning it as a core principle.

In all of this back-and-forth, an important nuance has been lost -- one that appeared in a January 2003 Wired magazine story that gave birth to the "evil" meme. The writer of the piece, Josh McHugh, asked Google CEO Eric Schmidt what exactly the company's credo was supposed to mean, and Schmidt replied cryptically, "Evil is what Sergey says is evil." In other words, Google never intended "evil" to have a meaning everyone could agree on.

Previous «
1 2 3

Headlines & Perspectives

Internet

Go To Section Home


05/15/06
Google Gimpy as Tech Falters

A hard week across the market pounds a onetime favorite.


05/11/06
Google Holders Huddle Happily

The company holds its annual lovefest with investors.


05/11/06
Expedia Heads South

The stock plunges 18% after a weak quarter.


08/05/08
Three Internet Stocks That Could Double

These forgotten Internet stocks are being accumulated by hedge funds.


08/15/08
The Five Dumbest Things on Wall Street

Raspberries for Apple; You'll be sorry, UBS; Fortress or Fort Knox? Wholly unappetizing Foods; give Liberty AOL or give them...


08/15/08
McCain Fund-Raising Picks Up

The GOP presidential candidate raised $27 million in July.


08/15/08
Cash-Back Cards Aren't Money in the Bank

Some credit and debit cards give you some cash back on purchases. But you need to manage it well to benefit from it.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now. See All

  • Cramer's Daily Booyah!
  • Before the Bell

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!