Larry Page, Chief Executive for Google, said in a recent interview that he thought Google was doing a less than stellar job with their products and services. This interview took place before Facebook released their new search tool and phone, but still says something about the goals of Google.
Google and Facebook have both been developing social networking and search tolls almost neck and neck. One releases a service, and it seems the other has a service to be released that competes for the same market. Larry Page said in his interview that he thought there was more than enough room for both companies in the social networking and communications market.
After he said this he admitted that Facebook has been doing very well in the social media market, but that he felt they had been doing a poor job on their products recently. As tis interview was taking place, Pages company was finalizing a deal for a massive complex in London that is destined to be Google’s new headquarters.
This complex will be worth 1 billion pounds when completed, but this won’t be until 2016. When complete, the complex will be between 7 and 11 stories high and cover a huge plot of land. Until then, Google will still have their HQ office based in Vancouver.
Notably, Google has also bought property in Dublin and Paris. Larry Page and Google and admittedly started investing in Europe very heavily, and it appears no secret that Europe is where Google feels the next surge in social media will happen.
Facebook is an American based company, so some experts have projected that Google’s move to Europe may be an attempt to distance themselves from their competition and create a market for their services and products. The Internet, however, makes it possible for companies to share their products with the world very easily. Google will have to do more than move to beat of Facebook in the social media scene.