Since I wasn’t able to bring you Search Engine Tuesday yesterday, I’m going to bring you various news related items today.
“Google’s top executive confirmed on Tuesday that the company is planning to expand into broader online payment services but said it will not compete with a PayPal-like service.
In a company-issued statement, Google CEO Eric Schmidt said the company does not plan to offer what he called a ‘person-to-person stored-value payments system.’”
IE – Contrary to popular belief, the official statement is that this won’t be another PayPal as some sources have reported.
Read the rest of the article:
News from PC Magazine: Google’s CEO Confirms Work on Online Payment Service:
