AOL is 12% of Adsense Revenues

[markus007]

From the S-3 filing yesterday
[sec.gov...]

advertising and other fees generated from one Google Network member, America Online, Inc., primarily through our AdSense program, accounted for approximately 12% and 11% of our revenues in 2004 and in the six months ended June 30, 2005, respectively.

[newkid2005]

*We have entered into an arrangement to transfer our worldwide billing, collection and credit evaluation functions to a third-party service provider, Bertelsmann AG, and are currently in the process of implementing this arrangement.*

Bertelsman is a top notch German company and I find it reassurring that G is not outsourcing the patriotic/cheap way but goes for the best quality money can buy.

[newkid2005]

Thanks Markus!

Extremely interesteing reading all the way.

Risks:
*hijacking queries to Google.com
*fraudulent clicks
*index spammers
*privacy concerns

The interesting thing is the order ;-)