Google Glass is on a strategic 'reset' and eight other things we learned

Title: Google Glass is on a strategic 'reset' and eight other things we learned

http://www.theguardian.com/technology/2015/jan/30/google-glass-is-on-a-strategic-reset-and-eight-other-things-we-learned

Summary:

This article is about Google glass and 8 stories that have come up in the past week. Google glass is being reset and going further in to RND for further development. The next story is about how Facebook was trumpeting its video growth and hitting the 1bn daily video views milestone. The third story is about the growth of YouTube partners and partners increasing by 50%. The fourth story is about the super bowl commercial. The fifth story is about how Google Play and YouTube drove the majority of those sales for the success of the film the interview. The sixth story is about how mobiles have become behaviour rather than just a device. The seventh story is about how Google Play and YouTube drove the majority of those sales. The eighth story is about how Google is now getting into the money transfer game in the UK.

Facts/Phrases:

Ø  Cast in the light of $4.76bn (£3.16bn) in fourth-quarter profits, up nearly 30% year-on-year, missing Wall Street expectations doesn’t seem so bad.

Ø   Google blamed the strength of the dollar for a lot of it, saying revenues would have been $541m greater if the exchange rate had been more favourable.

Ø  It has been publicly reported that the film generated over $15m in its first weekend, and that Google Play and YouTube drove the majority of those sales.”

Ø  Google didn’t give any updated sales figures for its Chromecast device beyond saying that last week “we saw our one billionth tap of the ‘Cast’ button”, and that “usage per device” has increased by 60% since it launched, thanks to new apps and features.

Opinion:

In my opinion, the fact that Google glass is being unsuccessful and being sent right back to the research and development division is ironic of its future heading right back to the bottom which is similar to the fall of News Corp. Google is still flailing to survive as the dominant conglomerate as its began to enter the money transfer industry, but the simple matter of the fact is that its only one way Google is heading and that is down.