A key factor here is how Facebook will evolve in China and India and Europe.   Major inroads there could mean profits will catch up with expectations, but failures there will make it hard for Facebook to dominate the social media landscape in the same way Google has dominated search.

SETI, the “Search for Extraterrestrial Intelligence”, has been around for some time but thanks to new funding and tech and discovery advances it will have a better chance of success.  Many believe that other life is more than 99.99% likely (we are NOT that special!), but *finding it* with our primitive technologies is going to be difficult.

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  NASA Discovers Earthlike Planet | NewsHour Extra: Video ClipBoard | PBS

  www.pbs.org

Idea: Make educational content available online for free

The Khan Academy is a non-profit educational organization that provides high-quality, free education to anyone, anywhere via an online library of more than 1,600 teaching videos. We are providing $2 million to support the creation of more courses and to enable the Khan Academy to translate their core library into the world’s most widely spoken languages.

Enhance science and engineering education

FIRST is a non-profit organization that promotes science and math education around the world through team competition. Its mission is to inspire young people to be science and technology leaders by giving them real world experience working with professional engineers and scientists. We are providing $3 million to develop and jump start new student-driven robotics team fundraising programs that will empower more student teams to participate in FIRST

Make government more transparent

Project funded: Public.Resource.Org is a non-profit organization focused on enabling online access to public government documents in the United States. We are providing $2 million to Public.Resource.Org to support the Law.Gov initiative, which aims to make all primary legal materials in the United States available to all.

Drive innovation in public transport

Project funded: Shweeb is a concept for short to medium distance, urban personal transport, using human-powered vehicles on a monorail. We are providing $1 million to fund research and development to test Shweeb’s technology for an urban setting

Provide quality education to African students

Project funded: The African Institute for Mathematical Sciences (AIMS) is a center for math and science education and research in Cape Town, South Africa. AIMS’ primary focus is a one-year bridge program for recent university graduates that helps build skills and knowledge prior to Masters and PhD study. We are providing $2 million to fund the opening of additional AIMS centers to promote graduate level math and science study in Africa.

http://www.project10tothe100.com/

I love the innovative spirit in contests and project like these, and also believe funding from deep pockets like Google is critical because I think in general innovations …. fail…. even in the for profit sector.     However in that sector we reward success hugely, so we get a fair number of entrepreneurial “players” who are looking to win the innovation lottery, and these players tend to spin out a few good ideas among mostly bad ones.

The current USA system tends to dramatically reward success and ruthlessly kill commercial failure, which is probably a good approach to optimize business success.  A common mistake by those who argue that “innovation is golden” is to only look at the few innovative projects that have had huge success  (Apple Computer, Google, etc) and ignore the *thousands* of failed innovations, most of which most of us never hear about.      One of the big lessons that should have been learned from the internet and real estate bubbles is that innovation does NOT foster success – it simply fosters new ideas.     Most internet companies that were spawned during the bubble have failed where a few like Google have become global economic powerhouses.

But as usual I digress.   THANKS Google for helping to spawn new ideas to do good.   That’s cool.

Google Instant presents you with many more options than before, and they are based on the initial letters / words you type into the search query box.   It’ll take some time for all of us to decide if we *like* the idea of constant prompting for search refinements, but it’s usually a good idea to assume the Google routine is smart – smarter than we are at determining the best sets of searches to drill down to what we need to find.  Obviously you don’t have to choose from the options presented, but it’s best to assume that the results you get from these options will form a more relevant list of results than if you choose otherwise.

It’s this last aspect of “Google Instant” that may create some interesting new issues and  opportunities for advertisers and SEO specialists, as Google’s searchmeister Matt Cutts pointed out over at his blog.

As search becomes more personalized – using input from social networks, user created content, past searches, and other personal information collected over time – we are likely to see shifts in the way advertisers try to reach us, and hopefully in the appropriateness of the advertising appeals.

More on Google Instant from … Google.

Google labs writes:

We’ve taken steps to improve the relevance of our search results with personalization, but today’s launch takes that one step further. With Social Search, Google finds relevant public content from your friends and contacts and highlights it for you at the bottom of your search results. When I do a simple query for [new york], Google Social Search includes my friend’s blog on the results page …

Filtering the massive oceans of content is what Google has been doing so effectively for some time, but the social media explosion has created a new kind of relevance Google’s basic ranking system has not been taking into account.    The content of trusted friends and associates is often going to be more relevant to us than that of, say, internet marketeers in a foreign country.     If, for example, my pal has travelled to Morrocco I’m going to trust his stuff – and probably be more interested in it – than information from strangers.    Google Social Circle will incorporate that relevance into the search results, and I think by doing this they may succeed where Facebook and Twitter have pretty dramatically failed.    Facebook’s search system and layout – in my experience – makes it very hard to search for information.  It can even be difficult to find a person you know, let alone find content they have created that is relevant to your search.    Twitter lists are something of a step in the right direction of targeting for relevant information, but Twitter search is severely lacking and I don’t even know if they they are particularly interested in providing the kind of contextual content mapping Google is testing with Social Circle.

Another interesting – some would say sinister – aspect of this approach by Google is to create internet environments filled with “trusted online information sources” that have been endorsed by different networks of friends.    Clever use of the data flowing in will allow Google to better screen sites based on human input, which is much harder to spoof than manipulations commonly done as part of aggressive “Search Engine Optimization” tactics.

The Social Circle reminds me of an advanced version of “del.icio.us”, a tagging and bookmarking service aquired (and largely abandoned?) by Yahoo a few years ago.  Delicious allowed users to tag and label sites and content, creating link lists of things relevant to them and giving them the ability to share these links with others.    By automating that process and using their brilliant search algorithm to slice and dice individual information, Google has pushed us one step closer to the holy grail of search – a system that shows us exactly what we want/need to see even if we cannot clearly state exactly what we want or need.

Early hype suggesting that new search engine Wolfram Alpha could be a possible “Google Killer” quickly shifted to a focus on Wolfram’s new approach to search, which they call “computational”.     Although Technology-Report had early access to the program it is now open to all here:  http://www.wolframalpha.com

Although I’ve only spent a short time looking for inspiration at Wolfram Alpha, I’d have to say I could not find any answers where I felt Wolfram would beat out a Google search combined with some quick scans of the listed resources.     Wolfram’s promise was to deliver “the answer” to complicated questions but it seems to work well only for the kinds of information it appears they have already sliced and diced into packages, and I’m not clear it even beats out a Wikipedia entry when searching for data like states or countries where a packaged approach to the information is best.

A quick comparison of Wolfram’s answer to “New York” vs Google’s vs Wikipedia’s

In a case like this I’d argue Wikipedia is the clear winner, giving the user extensive information and links to more.   Google second with good lists, and Wolfram a distant third with very limited information given the wealth of data online.

For students creating notes (or papers to hand in!) Wolfram may provide some great tools with its unique organization schema, but for most internet researchers and browsers I think Google has nothing to worry about here at all.

….rolling out a new management structure that I believe will make Yahoo! a lot faster on its feet. For us working at Yahoo!, it means everything gets simpler. We’ll be able to make speedier decisions, the notorious silos are gone, and we have a renewed focus on the customer. For you using Yahoo! every day, it will better enable us to deliver products that make you say, “Wow.”

When former Yahoo CEO and co-founder Jerry Yang (Yahoo was co-founded with David Filo) left the company a few months ago Carol Bartz stepped in aggressively, presumably tasked by Yahoo’s board to either turn the company around or prepare for a sale of Yahoo Search, or perhaps even the entire company, to Microsoft.

Given that turning Yahoo around is considered by most to be extremely challenging and long term,  I think we should assume Bartz is working the Microsoft sales angle even though much of the tough talk is more along today’s lines of restoring the second most recognizable internet brand to at least a shadow of Yahoo’s former glory.     Note though that even assuming a sale to MIcrosoft is in the goal, it’s probably in Yahoo shareholder’s best interests for Bartz to talk and work towards shoring up the brand, hoping to encourage Microsoft to offer more of a premium over the current share price than they might if they knew a deal was inevitable.

We can get some insight into what Carl Icahn – one of Yahoo’s largest shareholders and board members -  is looking for in this deal thanks to this excellent report on his stock holdings and pricing.   With an average share price is in the neighborhood of $20-25,  I would argue that Icahn wants Microsoft to come in somewhere north of that for him to agree to a sale.     Microsoft offered $31 officially last year before the stock meltdown and most fell they would have paid about $34, but clearly that deal is long off the table. However given Microsoft’s lackluster online performance and the chance for a crack at Google’s dominance, look for Microsoft to make an offer soon.  Look for Yahoo to probably take it.

DISCLOSURE:   Technology Reporter Joe Hunkins is long on YHOO

At $44,000 this is not accessible to most but with a remarkable cage suspension system that gives the driver 3 degrees of motion this really is likely to be the sim of choice for high end drivers who can pony up the cash.

Autoblog has more on this device – easily one of CES’ most impressive demos.

Techmeme is a favorite of many in technology for pulling together technology stories and the conversations that often swirl around them.  Unlike a simple “ranking” system, TechMeme surfaces the top stories and then links out to blogs and sites that are discussing those “hot topics”.     Thus a quick review of TechMeme can give you a very fast orientation to the stories that are making their rounds in the blogs.    That does not always correspond to stories that actually *matter* to real folks, but it’s a great start.

TechMeme’s new story editor Megan has a list here of the top 10 for 2008.   Number one was the Microsoft – Yahoo aquisition saga, number two was Apple quitting MacWorld, and number three was Google Chrome.

Disclosure: Long on YHOO

“Democratic, participatory” search project.
“Google, Yahoo, Ask” have similar, proprietary and closed search. He wants to break up the idea that a few companies should be so dominant.

Making search ubiquitous. He thinks Google may not have problems with WIKIA because they can keep matching up ads, advertisers, and buyers as they have been.

Wales thinks Facebook made the right decision to turn down Yahoo’s billion+ offer for Facebook, calling it an “interesting gamble”. “He’s a pretty sharp guy” (Zuckerman), and Wales thinks that unlike Myspace, Facebook is doing right by the customers. Notes increase of spam and advertising intensity of Myspace.

Wikia major initiatives: Search, Reference Works for humor, opinion, sports. 66 languages plus a “Klingon language” project. “Roll this revolution” into many other areas. What makes the internet great is that it’s a “global platform for people to share knowledge”. Keeping it “open” appears to be a key guiding principle for Wales, and his admirable efforts at Wikipedia support his sincerity in that mission.

Wales suggests that Firefox is the best browser, primarily due to features that he sees as the result of the open source development model that created Firefox.    He says that monopolistic activity by Microsoft has slowed innovation, but feels that Google is a friend of Open Source.     Wales recounted telling Bill Gates at Davos that Microsoft search is so bad people are switching away from it as the Vista default, and suggests that he’ll have fun trying to build a better search than Google with Wikia.