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Google after the bell for 8-17-06: Birthday party coming up for Google

Google shares closed down a bit today again to end the trading day at $385.80, a decline of $1.92 or 0.50% from Wednesday's close. With Google about to celebrate its second birthday as a public company this weekend, I posted some musings on this very subject here today.

After looking at all the accomplishments Google has made in those two years -- and where it stacks up financially against the competition -- Google is one strange and beautiful breed, that is for certain. But, is GOOG valued appropriately at over $380 per share?

Google appears to be joining into partnerships with some very powerful friends in this day and age, and is even striking a pact with CDC Corp., the Chinese online company.

Looks like the tentacles that are Google are multiplying and infiltrating all kinds of areas -- and this is a good thing for Google. Just how far it can go, though, is still a mystery.

Brian White has worked in various executive positions in technology and telecommunications and now focuses on editing and writing.

Google buys Neven Vision for photo search capabilities

Google has apparently scored again, although the purchase of Neven Vision will not immediately boost any fortunes for the search leader. Google wants the Neven Vision technology to integrate into its own Picasa digital photo management software, which it recently launched as a web-based service in hopes of one day competing with services like the ultra-popular Flickr, owned by competitor Yahoo!

Neven Vision created a technology to allow searching within digital photos, which is needed sorely by most consumers who have thousands of digital photos on their computers and even on mobile phones. Just how Neven's technology works is a little foggy, but it does make sense.

With a mish-mash of OEM photo organizing tools along with the built-in remedial tool in Windows and the excellent iPhoto tool in the Apple world, searching for photos using multiple pieces of criteria would be blessing for many. Right now, my guess is that most consumers organize their photo collections using a data and time stamp -- not the most conducive way to find that one special photo.

Brian White has worked in various executive positions in technology and telecommunications and now focuses on editing and writing.

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Last updated: May 27, 2012: 05:24 AM

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