| Title: | Google Finance: Google’s Algorithmic Origins vs. Yahoo’s Editorial Origins |
| URL: | http://www.rimmkaufman.com/rkgblog/2006/03/21/google-finance-googles-algorithmic-origins-vs-yahoos-editorial-origins/ |
| Printed: | October 7, 2008 |
| Source: | The Rimm-Kaufman Group Blog, info@rimmkaufman.com |
- March 21, 2006
- 0 comments
Google Finance launched today. The site looks really slick, and promises to be a real help researching publicly traded companies.
An early article at Forbes.com mentioned how Google intends to favor algorithms over editors when selecting news items to accompany a company’s information:
Google correlates stock performance, in charts and in timelines, overlaid with news stories culled from 4,500 sources. A computer algorithm determines which story to display, just as it does with its main news and core search sites. “We wanted to remain a neutral body,” says [senior product manager for Google Finance, Katie] Stanton.
Forbes points out how
in contrast, Yahoo’s financial news relies on three dozen top editorial brands.
Google scrapes the web and cedes editorial judgement over to the machines, while Yahoo carefully arranges publishing deals with the best and most reputable news sources.
Neither approach is inherently better or worse.
It is interesting, however, to see how both of these web giants continue to reflect their roots as they grow.
Google was born from algorithms, Yahoo was born from human editors, and those earliest influences still reverberate.
(Update: Google will have human moderators for their message boards, to avoid stock market pump-and-dump misinformation schemes. But original observation still stands: their lead news content will be machine-chosen.)
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