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 a Smaller Fish in Mobile World

Stocks in this article: GOOG MSFT VZ

SAN FRANCISCO -- In its quest for Internet domination, Google (GOOG) has proved itself the king, at least on the desktop.

But on mobile devices, the fight for the throne continues, and Google finds itself battling Microsoft (MSFT - Get Report) for the crown.

Microsoft is reportedly in the final stages of negotiating a deal with Verizon (VZ - Get Report) to become the carrier's default search engine on all of its cell phones. Google has also been jockeying for a deal.

If Verizon chooses Microsoft, that would deal a big blow to Google in the mobile space, which many industry observers consider the Internet's next frontier. Verizon is positioned to become the largest carrier in the U.S. once it has acquired privately-held Alltel. The Federal Communications Commission recently approved the acquisition.

Just three months ago, Verizon was rumored to be sealing an agreement to make Google its default search engine. But according to a recent report in The Wall Street Journal, Microsoft came up with more favorable terms in which it would share with Verizon revenue from ads on Web search pages, with guaranteed payments to the carrier of about $550 million to $650 million over five years, or roughly double Google's offer.

Verizon spokesman Jeffrey Nelson would not comment on where the company stands with either Microsoft or Google.

"We aren't going to negotiate major business relationships in the media," he wrote in an email.

1 of 3

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