• Most Popular
  • Most Shared
Photo

Reuters talks to portfolio managers and strategists to find what's on the horizon. Learn how to position your portfolio in the year ahead.   Full Coverage 

Google sees YouTube products soon

MOUNTAIN VIEW, California
Thu May 8, 2008 5:59pm EDT

Stocks

   

MOUNTAIN VIEW, California (Reuters) - Google Inc expects to launch new products for its YouTube Web video service in the next few months and sees reason for closer cooperation with Yahoo Inc (YHOO.O), Google Chief Executive Eric Schmidt said on Thursday.

Schmidt has said getting the video service to make money is the Web search company's top priority for the year. He did not give details of the products, however, and they are not even in initial, or beta, testing.

Google briefly sold search advertisements on rival Yahoo last month, while Microsoft Corp (MSFT.O) was attempting to buy Yahoo.

Schmidt said the two-week test provided good reason for the companies to discuss cooperation, but there was no deal yet.

"We view the test as successful," he told reporters before the Web company's annual meeting. "That's a good basis to talk to Yahoo some more."

(Reporting by Adam Tanner; Editing by Peter Henderson and Braden Reddall)



More from Reuters

Photo

Obama accepts peace prize, defends "just wars"

OSLO (Reuters) - The United States must uphold moral standards when waging wars that are necessary and justified, President Barack Obama said on Thursday as he accepted the Nobel Prize for Peace. | Video

A crown in a file photo. REUTERS/File
Special Report:

No longer king of the hill

When times were good, hedge fund managers could do what they wanted and people still lined up for a piece of the action. What will the post-crash, post-Madoff, post-Galleon hedge fund universe look like?  Full Article 

A view of the Morgan Stanley headquarters building in New York's Times Square, October 20, 2009. REUTERS/Brendan McDermid

Wanted: Wall Street talent

Demand for executive talent is on the rise, but the looming bonus season may see a mass exodus to overseas rivals where pay caps are non-existent.  Full Article