Welcome to 2012 Google+ tells Facebook

Nearly all Google’s stupendous profits still come from search and its Adwords programme but the company also seems serious about its latest big venture, Facebook rival Google+.

As Facebook prepares to celebrate its display advertising take heading through $4bn by launching an equally stupendously valuable IPO ($100bn? $150bn?) Google is trying to throw a spanner in the works by promoting its ‘Hangouts’ video chat service on Google+, arguably a whizzier version of what Facebook currently offers.

And, demonstrating its new-found commitment to broadcast advertising, it’s signed up the Muppets to do so.

Interesting that it’s gone all the way back to 1981 for David Bowie’s ‘Under Pressure’ to do so. What’s wrong with up to date tunes?

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