How to Get a $10,000 Bonus from Google for a Product You Don’t Use
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The National Review Online on Thursday published a story highlighting how Google’s acquisition of video streaming service Vine is likely to cause some headaches for the company.
The article’s author, Eric Goldman, said the acquisition will probably result in some “silly problems” for Google in the short term, but the company’s long-term vision for the video streaming space has long been to become the “most ubiquitous, flexible, and useful media streaming platform ever invented.”
Google already owns a video streaming and discovery app called Vine that has been downloaded more than 25 million times and is available on a variety of devices, including iPhones, Android phones, and Windows PCs.
Goldman said the company is also looking to expand its product offerings, including the ability to monetize its streaming content, which is why it has acquired video streaming startup Zune, a competitor.
“We expect Google to become a global leader in the streaming and digital discovery space in the next five years, but there’s always room for improvement,” Goldman said.
The video streaming company’s founders were originally raised from Google employees, but Goldman said Google also acquired Zune in January.
“This deal is likely going to result in an increased burden on Vine to compete with Google’s existing services, including its own video app and video streaming platform, and will cause us to make some silly problems for the next decade,” Goldman wrote.
Goldman said the new acquisition will help the company grow and develop its video streaming business, but said Vine is still “a small part of Google’s overall video platform.”
“The Vine acquisition is not a significant impact on our current business or strategy,” Goldman noted.
“Vine remains a small part in Google’s video platform.
Its growth and user base will likely be driven by its video discovery app and Vine’s ability to expand beyond video, as well as other platforms, such as YouTube,” he added.
Goldberg also pointed out that Google is still planning to develop its own search and advertising technology, including artificial intelligence and its “deep learning” technology, as part of a broader effort to “discover” more information and interact with people more quickly.
Google, Goldman wrote, “has always valued its ability to quickly learn from our user behavior to develop innovative new features and features to improve its products.”
The article was written in conjunction with the National Review’s Business Insider magazine.
The National Review Online on Thursday published a story highlighting how Google’s acquisition of video streaming service Vine is likely…