"While Google aims to profit from the videos on [YouTube] today, it ultimately is more interested in making sure that the company becomes the primary platform consumers use to generate, store, sort, and view all their video content and communications."
- Jessi Hempel, my Fortune collegaue, in an eye-opening piece, "Google (still) loves YouTube," about Google's (GOOG) YouTube in the new issue of Fortune. She notes that YouTube recently snuck up to become the second biggest search engine on the web. Only Google.com is bigger. Jessi's story helped explain Google's rationale for aggressively feeding the profit-sucking web-video beast. (I wondered, didn't you?) Well, Google plans to rule Internet search in multiple ways--and clearly wants to keep Yahoo (YHOO) and Microsoft (MSFT), which on Wednesday announced their long-awaited search partnership, from gaining on its most critical turf.
I'm keeping it short on a summer Friday. I've been working way too hard...and just want to mention that Fortune, if you get the print version of our magazine, will start arriving in your mailbox--as well as on newsstands--earlier than it used to. We moved up our production schedule by three days, to be as timely as we possibly can. In any case, keep reading and keep checking Fortune.com and CNNMoney.com for the latest business and tech scoop and smart analysis...and Postcards, of course. Have a good weekend!
Reed Hastings, the founder and CEO of Netflix, came by our Fortune offices yesterday. He's one of the most likeable CEOs you'll meet. Bowdoin grad like my boss, Andy Serwer. Post-college, Hastings joined the Peace Corps and taught school in Swaziland, He eventually landed back in Silicon Valley, WHERE HE GREW UP, started a couple of tech companies, and eventually struck gold with his movies-by-mail idea that resolved the hassle MORE
Patricia Sellers - Jul 22, 2009 3:20 PM ET
"You can't keep any of this news down anymore...The process of getting the word out is totally democratized."
-- Christiane Amanpour, CNN's chief international correspondent and a native of Iran, in Thursday's New York Times. As foreign journalists in Iran are forced to leave the country -- Amanpour returned to London after her Iranian visa expired Tuesday -- the world is looking to citizen reporters to capture the unrest in the MORE
Jessica Shambora, Writer-Reporter - Jun 18, 2009 11:35 AM ET
For the latest on the most influential women in business, philanthropy, government, and the arts, like us on Facebook. 
In a funny and candid interview, Google VP Marissa Mayer explains how she got to the top. Watch
Xerox CEO Ursula Burns shares how she once accepted a job with Dell but ended up staying with Xerox. Watch
Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). Since its launch in 1998, Pattie has helped oversee Fortune's "Most Powerful Women" cover package.
A specialist at dissecting larger-than-life personalities, she has also profiled former U.S. Treasury Secretary Hank Paulson, Morgan Stanley chairman John Mack, and countless CEOs.
Pattie co-chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. She started at Fortune in 1984, covering the big brand companies.
In Pattie's blog, Postcards, she provides insight into the lives of super-achievers through commentary, career advice, and Guest Posts by CEOs and other leaders.
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Fortune Most Powerful Women
Sheryl Sandberg:
Gina Bianchini
