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 Rolls Out News Search

Google News Archive will also offer access to the U.K.'s Guardian newspaper as well as Time Warner's (TWX) Time magazine. Articles from news retrieval services including Lexis Nexis and Factiva also will be available.

"Users can search for events, people, ideas and see how they have been described over time,'' Google says. "In addition to searching for the most relevant articles for their query, users can get an historical overview of the results by browsing an automatically created timeline.''

Like most Google services that the company hypes through the media, it probably won't have a meaningful impact on the company's bottom line. The company's stock didn't react to the news. Its shares fell $1.86 to $382.50 in premarket trading.

Nonetheless, Google News Archive may offer some hints about the company's strategic direction. The company's ambitions are clearly to be more than just a search engine. Earlier, there were indications that Google was trying to make itself into a portal like its rival Yahoo! (YHOO). The company even launched services like Google News and Google Finance that compete directly with some of Yahoo!'s most popular features. But now, the picture isn't so clear.

Search Engine Watch , a Web site that follows the search industry, reports that Google doesn't plan to become a content aggregator or to even allow people to buy content from the news archives through their Google accounts. It's also not apparent how Google will make money from this feature.

"We're not focusing on monetization yet," Anurag Acharya, a Google engineer who helped develop the service, tells The New York Times. "This is new territory for us."

2 of 2

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
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!
WPO $699.00 -1.24%
GOOG $524.05 0.00%
NYT $12.99 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs