Google will make $60 million annually directing people to the Forbes Web site, writes Stephen Shankland, citing Forbes.com CEO Jim Spanfeller. Windfalls similar to this one have news agencies
steaming. Marissa Mayer addressed these criticisms Wednesday in testimony before a Senate hearing on the future of journalism.
Mayer's defense: Google adds value to journalism; directing people to news Web sites shouldn't be overlooked as a valuable service. Mayer believes both journalists and readers benefit from Google services. For example, the Los Angeles Times Web site last year followed the Southern California wildfires using Google Maps. The post includes the text of Mayer's testimony.