Huffington Magazine Issue 33 | Page 24

Voices erberg calls a press conference one day to announce that he has launched his own search engine that does everything that Google does — plus, its searches include all relevant content on Facebook (which is not only off-limits to Google, but, given the nature of social media, could generate the most useful and user-specific search results of all). Facebook’s launch of its Graph Search tool, in combination with its announced alliance with Microsoft’s Bing search service, is Google’s nightmare come true. Facebook + Bing = a much enhanced version of Google. While Google has been able to neutralize the smartphone threat with the development of its Android operating system for phones, it will have a hard time matching that feat against Facebook’s invasion of Google’s search business. Anticipating Facebook’s latest move, Google has invested heavily in its own social media business, Google+. But Google+, despite its early growth, impressive technology and considerable promise, is still dwarfed by Facebook and its one billion active users. For Google, Facebook (together with Bing) is an even more for- PETER SCHEER HUFFINGTON 01.27.13 midable rival than Apple. Apple’s revenue is concentrated in hardware sales, not advertising. But both Google and Facebook derive most of their revenue, and nearly all of their profit, from advertising. Each succeeds at the expense of the other. And even if Facebook fails to trigger a mass shift in ads from Google’s platform to Facebook’s, its presence almost certainly will The digital universe consist ́