Just this week, Google announced a new Google AdWords feature that will show advertisers if suspected click fraud has affected their accounts. Soon after, a judge in Arkansas has approved a $90 million settlement against the search giant. The case was brought by Google advertisers who felt they had been cheated by having to pay Google for illegitimate clicks.
70 objections, however, were brought up by the smaller Google advertisers included in the settlement, as they believe the remuneration Google will pay them -- $4.50 for every $1,000 spent on the Google network for several past years -- was just not enough. A handful of plaintiffs on Monday stood before Griffin to express their dissatisfaction with the settlement, and they charged Google with failing to exercise "reasonable" care to stop click fraud and with misrepresenting its efforts to crack down on the problem.
When Google's core customers -- you know, the ones responsible for Google's revenue/business model existence -- come looking for click fraud answers, the search giant needs to speak up. Until this week, I've chided Google many, many times on the poor communication it has for the click fraud issue, one that is just as old as Google itself but one that has become a perceived large problem for Google.
Nobody really knows if click fraud is a huge or small problem (but it exists), and Google's lackluster communications have played a part in the perception. Google is a great company with an excellent (although single-minded) revenue stream -- and it needs to communicate with the companies that help it produce that revenue stream.
Last updated: May 16, 2012: 10:16 AM
Hot Stocks
DailyFinance Headlines
- The Truth About JPMorgan Chase's $2 Billion Loss: It's No Big Whoop
- Hollywood, Homeland Security Double Up Video Piracy Warnings
- GM Kills $10 Million Facebook Ad Campaign Because It Didn't Work
- Saver or Sensualist, Innocent or Vigilant: What's Your Money Type?
- ExxonMobil's Safety Obsession: Inside the Mind of an Oil Giant
Benzinga Headlines
- Sears to Shed Clothing
- Is Cisco About to Buy NDS?
- Current Account, Import Prices Says US is Buying Goods on the Cheap
- Goldman Sachs Executive Director Calls the Bank "Toxic" on the Way Out
- BB&T Acquires BankAtlantic
TheFlyOnTheWall.com Headlines
- Citizens South Banking upgraded to Buy from Hold at Sandler O'Neill (pre-open)
- Cree jumps 4% after Journal Times says unit named Wal-Mart supplier
- Cascade Microtech management to meet with Needham
- Piper Jaffray's healthcare equipment and biotech analysts hold a conference call
- Rowan Companies files automatic mixed securities shelf
BioHealth Investor Headlines
- Shouldn’t VIVUS Raise Capital Now? (VVUS)
- Can Human Genome Really Double Its Stock Price? (HGSI)
- Alimera Implosion Analysis, What Is Next (ALIM, PSDV)
- Implosion Analysis For Targacept… What Lies Ahead? (TRGT, AZN)
- Rare Analyst Calls With Huge Upside in Vical and VIVUS (VICL, VVUS, BMY)
WalletPop Headlines
- Can't Get a Piece of the Facebook IPO? Lucky You!
- The Truth About JPMorgan Chase's $2 Billion Loss: It's No Big Whoop
- Hollywood, Homeland Security Double Up Video Piracy Warnings
- GM Kills $10 Million Facebook Ad Campaign Because It Didn't Work
- Saver or Sensualist, Innocent or Vigilant: What's Your Money Type?
My Portfolios
Track your stocks here!
Find out why more people track their portfolios on AOL Money & Finance then anywhere else.
BloggingStocks Partners
More from AOL Money & Finance
- Business News
- Stock Screener
- Stock Quotes
- Stock Charts
- Banking
- Identity Theft
- DJIA
- Debt Management
- Loans
- Auto Loan
- Mortgages
- Taxes
- Retirement
- Insurance
- Small Business
- Earnings
- Tech News
- Tax Forms
- Tax Deductions
- Tax Credit
- Tax Audit
- Tax Advice
- Stock Ticker
- Stock Brokers
- Resume Builder
- Pig Flu
- Online Tax Filing
- Madoff
- Investing For Retirement
- Income Tax
- Historical Stock Prices
- GOOG
- ETF Investing
- Deals
- DailyFinance
- Crude Oil Prices
- Credit Score Calculator
- Common Tax Filing Mistakes
- AMT
GM Kills $10 Million Facebook Ad Campaign Because It Didn't Work
PC Upgrades on Byte-Size Budgets -- Savings Experiment


Reader Comments (Page 1 of 1)
7-28-2006 @ 1:16PM
Andy said...
I think that it is important to keep as much secret as possible or you will be teaching the culprits how to do it. The independent report prepared for the Judge said that Google was taking adeqaute precautions. 19 fo Google's to 20 biggest advertisers did not join in the suit which tells me that click fraud isn't as big of problem as some would have you believe.