Google Offers Free Transactions For Google Checkout Merchants To Compete With PayPal

Over the past few days, everyone was talking about Google Checkout is offering free transactions throughout the remainder of the year. The LA Times reports that this move is to compete with PayPal by encouraging PayPal merchants to give Google Checkout a try. They also have Eric Schmidt saying that the purpose behind Google Checkout is to “generate commissions and encourage more merchants to buy ads.” I believe so far, many merchants are not quick to adopt Google Checkout.

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Facebook Pulls Ahead of Google In Referral Traffic

Last quarter, Facebook surpassed Google in referral traffic to news sites, challenging the search giant's dominance and becoming its most formidable competitor in yet another area.