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Google announces a Financial Section

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Tuesday, March 21st, 2006 | Related entries: Internet

Google Finance logo Google Inc. is dedicating a part if its website to information about the stock market and of commercial America, a move that it will reassert its position next to rivals America Online, Yahoo Inc. and MSN.

The online search engine leader plans to launch its latest channel on Tuesday at http://finance.google.com.

Although it’s just trying to catch up now with Yahoo’s most visited finance website, Google believes its finance section eventually will outshine its rivals.

Marissa Mayer, Google’s vice president of search products and user experience said, “We feel this is going to change the face of finance sites.”

Mayer added that since long Google users were asking for a finance section, but the company took its time developing the service to make sure it offered something novel.

The company’s twists include more interactive stock charts, quicker access to stories about events affecting a company’s stock price and photos of top corporate executives. Google also is providing links to corporate commentary by the writers of Web logs, or “blogs.”

At one point of time Mountain View, Calif.-based company was merely a search engine, Google has spent much of the past two years offering more services to broaden its appeal. Google places a high priority on attracting more traffic because the company’s biggest profits come from ads displayed on its site.

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