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Many advances in marketing on the Web are the result of spending by the profitable and competitive porn and gambling industries. In today’s SEM Crossfire column, “Porn and Gambling: Canaries in the SEM Coal Mine?,” Frank Watson and Chris Boggs explore recent lawsuits in both industries that might help us again, by pointing out some specific areas for marketers to keep an eye on.

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LinkedIn has launched a new survey feature that will enable its members to conduct market research. LinkedIn is an online social network built around business and careers and has 30 million members.

“LinkedIn overcomes quality and authenticity issues that other sample providers face,” said Dan Shapero, Director of Business Services, LinkedIn. “Because of the public and self-policing nature of LinkedIn, members provide deep and accurate profile information and they update that information constantly.”

LinkedIn also announced that it raised $22.7 million from Goldman Sachs, The McGraw-Hill Companies, SAP Ventures and Bessemer Venture Partners.

“We secured this investment with innovators in enterprise software, investment banking and business information who see the potential to create value and transform industries through the LinkedIn platform,” said LinkedIn CEO, Dan Nye. “These leading companies understand that LinkedIn is building a network with broad and enduring value.”

Related Reading:
LinkedIn Launches Targeted Advertising Network
Yahoo Sets Yelp, LinkedIn, and Yahoo Local SearchMonkey Apps to ‘Default On’

Chinese search engine Baidu saw a whopping 91% increase in the third quarter of 2008. The search engine had been seeing explosive growth leading up to the Beijing Olympics, which occurred during the third quarter.

Baidu expects profits in the fourth quarter to be around 80-85%. In the second quarter, Baidu’s profits increased by 87%.

Here’s the full press release:

Baidu Announces Third Quarter 2008 Results
Wednesday October 22, 5:00 pm ET

BEIJING, Oct. 22 /Xinhua-PRNewswire/ — Baidu.com, Inc. (Nasdaq: BIDU - News), the leading Chinese language Internet search provider, today announced its unaudited financial results for the third quarter ended September 30, 2008. (1)

(Logo: http://www.newscom.com/cgi-bin/prnh/20041011/BAIDULOGO )

Third Quarter 2008 Highlights
— Total revenues in the third quarter of 2008 increased to RMB919.1
million (US$135.4 million), representing an 85.1 % increase from the
corresponding period in 2007.
— Operating profit in the third quarter of 2008 increased to RMB368.3
million (US$54.2 million), representing a 119.1% increase from the
corresponding period in 2007.
— Net income in the third quarter of 2008 increased to RMB347.9 million
(US$51.2 million), representing a 91.4 % increase from the
corresponding period in 2007.
— Diluted earnings per share (”EPS”) for the third quarter of 2008 were
RMB10.00 (US$1.47); diluted EPS excluding share-based compensation
expenses (non-GAAP) for the third quarter of 2008 were RMB10.49
(US$1.54). Costs and expenses related to Baidu’s Japan operations,
incurred in both Japan and China, in the third quarter of 2008 were
RMB32.7 million (US$4.8 million), which reduced diluted EPS by RMB0.94
(US$0.14).
— The number of active online marketing customers during the third
quarter grew to over 194,000, an increase of 7.2% from the previous
quarter.

“I’m pleased to announce solid results for the third quarter,” said Robin Li, Baidu’s chairman and chief executive officer. “As China’s leader in paid search, Baidu has a large and diverse customer base covering numerous industries and sectors. Such diversity gives us great stability and positions us to capture future growth. Companies throughout China are increasingly recognizing the value of Baidu’s paid search as an effective marketing tool and we remain confident in our long-term growth potential.”

Jennifer Li, Baidu’s chief financial officer, said, “The impact of the 2008 Beijing Olympics on our business was in line with our projection for the quarter. We were also able to improve our operating margin again this quarter, highlighting the scalability of our business.”

Baidu recently launched the beta version of an online C2C platform that enables merchants to sell their products and services online via a Baidu- registered store. The new platform complements Baidu’s search business, enabling transaction fulfillment among our users. E-commerce is an emerging industry in China and there are vast opportunities for future growth in the sector. Baidu will continue to focus on providing the best quality experience for Internet users.

Third Quarter 2008 Results

Baidu reported total revenues of RMB919.1 million (US$135.4 million) for the third quarter ended September 30, 2008, representing an 85.1% increase from the corresponding period in 2007.

Online marketing revenues for the third quarter were RMB918.2 million (US$135.2 million), representing an 85.1% increase from the third quarter of 2007. Growth was mainly driven by increases in both the number of active online marketing customers and revenue per customer. Baidu had more than 194,000 active online marketing customers in the third quarter of 2008, representing a sequential increase of 7.2% and an increase of 35.7% from the corresponding period in 2007. Revenue per active online marketing customer for the third quarter increased to approximately RMB4,700 (US$692), a sequential increase of 6.8% and an increase of 34.3% from the corresponding period in 2007.

Traffic acquisition costs (TAC) as a component of cost of revenues were RMB108.8 million (US$16.0 million), representing 11.8% of total revenues, compared to 11.9% in the corresponding period in 2007.

Bandwidth costs as a component of cost of revenues were RMB48.0 million (US$7.1 million), representing 5.2% of total revenues, compared to 6.4% in the corresponding period in 2007. Depreciation costs as a component of cost of revenues were RMB56.9 million (US$8.4 million), representing 6.2% of total revenues, compared to 8.2% in the corresponding period in 2007.

Selling, general and administrative expenses were RMB163.2 million (US$24.0 million), representing an increase of 48.0% from the corresponding period in 2007, primarily due to the expansion of the direct sales force and an increase in customer service staff.

Research and development expenses were RMB78.2 million (US$11.5 million), representing a 109.0 % increase from the corresponding period in 2007, primarily due to an increase in research and development staff.

Share-based compensation expenses, which were allocated to related operating cost and expense line items, increased in aggregate by 211.1% to RMB17.0 million (US$2.5 million) in the third quarter of 2008 from RMB5.5 million in the corresponding period in 2007. The increase in share-based compensation expenses primarily reflects an increase in the number of options granted to employees.

Operating profit was RMB368.3 million (US$54.2 million), representing a 119.1% increase from the corresponding period in 2007. Operating profit excluding share-based compensation expenses (non-GAAP) was RMB385.3 million (US$56.8 million) for the third quarter of 2008, a 122.0% increase from the corresponding period in 2007.

Adjusted EBITDA (non-GAAP), which is defined in this announcement as earnings before interest, taxes, depreciation, amortization, other non-operating income and share-based compensation expenses, were RMB457.3 million (US$67.4 million) for the third quarter of 2008, representing a 104.7% increase from the corresponding period in 2007.

Income tax expense was RMB34.8 million (US$5.1 million), compared to an income tax expense of RMB2.6 million in the third quarter of 2007. The year- on-year increase in tax expenses was due to higher tax rates applicable to some of our PRC subsidiaries as their tax holidays either expired or partially elapsed.

Net income was RMB347.9 million (US$51.2 million), representing a 91.4% increase from the corresponding period in 2007. Basic and diluted EPS for the third quarter of 2008 amounted to RMB10.15 (US$1.50) and RMB10.00 (US$1.47), respectively.

Net income excluding share-based compensation expenses (non-GAAP) was RMB364.9 million (US$53.7 million), a 94.9% increase from the corresponding period in 2007. Basic and diluted EPS excluding share-based compensation expenses (non-GAAP) for the third quarter of 2008 were RMB10.65 (US$1.57) and RMB10.49 (US$1.54), respectively.

As of September 30, 2008, Baidu’s cash, cash equivalents and short-term investments amounted to RMB2.3 billion (US$338.0 million). Net operating cash inflow and capital expenditures on a cash basis for the third quarter of 2008 were RMB482.2 million (US$71.0 million) and RMB85.1 million (US$12.5 million), respectively. A portion of our capital expenditure for the quarter was related to the construction of Baidu’s new campus facility.

Outlook for Fourth Quarter 2008

Baidu currently expects to generate total revenues in an amount ranging from RMB1,025 million (US$151 million) to RMB1,055 million (US$155 million) for the fourth quarter of 2008, representing an 80% to 85% increase from the corresponding period in 2007 and a 12% to 15% increase from the third quarter of 2008. This fourth quarter forecast reflects Baidu’s current and preliminary view, which is subject to change.

(1) This announcement contains translations of certain RMB amounts into
U.S. dollars at specified rates solely for the convenience of the
reader. Unless otherwise noted, all translations from RMB to U.S.
dollars are made at a rate of RMB 6.7899 to USD 1.00, the effective
noon buying rate as of September 30, 2008 in The City of New York for
cable transfers of RMB as certified for customs purposes by the
Federal Reserve Bank of New York.

Conference Call Information

Baidu’s management will hold an earnings conference call on October 22, 2008 at 8:00 PM U.S. Eastern Time (8:00 AM, October 23, Beijing/Hong Kong time).

Dial-in details for the earnings conference call are as follows:
US: +1-617-786-2902
UK: +44-207-365-8426
Hong Kong: +852-3002-1672
Passcode for all regions: 55689997

A replay of the conference call may be accessed by phone at the following number until October 29, 2008:

International: +1-617-801-6888

Passcode: 69587650

Additionally, a live and archived webcast of this conference call will be available at http://ir.baidu.com .

About Baidu

Baidu.com, Inc. is the leading Chinese language Internet search provider. As a technology-based media company, Baidu aims to provide the best way for people to find information. In addition to serving Internet search users, Baidu provides an effective platform for businesses to reach potential customers. Baidu’s ADSs, each of which represents one Class A ordinary share, currently trade on the NASDAQ Global Select Market under the symbol “BIDU”.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the outlook for the fourth quarter of 2008 and quotations from management in this announcement, as well as Baidu’s strategic and operational plans, contain forward-looking statements. Baidu may also make written forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Baidu’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our growth strategies; our future business development, results of operations and financial condition; our ability to attract and retain users and customers; competition in the Chinese language and Japanese language Internet search markets; competition for online marketing customers; changes in our revenues and certain cost or expense items as a percentage of our revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to copyright and other intellectual property rights; the expected growth of the Chinese language and Japanese language Internet search markets and the number of Internet and broadband users in China; and Chinese governmental policies relating to the Internet and Internet content providers. Further information regarding these and other risks is included in our annual report on Form 20-F and other documents filed with the Securities and Exchange Commission. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of October 22, 2008, and Baidu undertakes no duty to update such information, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement Baidu’s consolidated financial results presented in accordance with GAAP, Baidu uses the following measures which are non-GAAP financial measures: adjusted EBITDA, operating profit excluding share-based compensation expenses, net income excluding share-based compensation expenses, and basic and diluted EPS excluding share-based compensation expenses. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the tables captioned “Reconciliations of non-GAAP results of operations measures to the nearest comparable GAAP measures” and “Reconciliation from net cash provided by operating activities to adjusted EBITDA” set forth at the end of this release.

Baidu believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding certain expenses and expenditures that may not be indicative of its operating performance from a cash perspective. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to Baidu’s historical performance and liquidity. Baidu computes its non-GAAP financial measures using the same consistent method from quarter to quarter since April 1, 2006. We believe these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using non-GAAP operating profit excluding share-based compensation expenses, net income excluding share-based compensation expenses, and basic and diluted EPS excluding share-based compensation expenses is that these non-GAAP measures exclude share-based compensation charge that has been and will continue to be for the foreseeable future a significant recurring expense in our business. A limitation of using non-GAAP Adjusted EBITDA is that it does not include all items that impact our net income for the period. Management compensates for these limitations by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

Baidu.com, Inc.
Condensed Consolidated Balance Sheets

September 30 December 31,
(in RMB thousands) 2008 2007
Unaudited Audited

ASSETS
Current assets:
Cash and cash equivalents 2,088,554 1,350,600
Short-term investments 206,360 242,037
Accounts receivable, net 100,193 64,274
Prepaid expenses and other current
assets 109,597 65,996
Deferred tax assets, net 2,587 2,587
Total current assets 2,507,291 1,725,494

Non-current assets:
Fixed assets, net 748,582 678,886
Land use right, net 95,008 96,472
Intangible assets, net 33,814 40,460
Goodwill 51,081 51,093
Investments, net 20,197 15,439
Deferred tax assets, net 17,060 15,716
Other non-current assets 84,394 32,348
Total non-current assets 1,050,136 930,414

TOTAL ASSETS 3,557,427 2,655,908

LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accrued expenses and other
liabilities 371,745 359,310
Customers’ deposits 357,884 257,577
Deferred revenue 9,149 11,832
Deferred income 633 2,485
Total current liabilities 739,411 631,204

Non-current liabilities:
Long-term payable — 3,000
Deferred income — 332
Total non-current liabilities — 3,332

Total liabilities 739,411 634,536

Shareholders’ equity
Class A Ordinary Shares, Par value
US$0.00005 per share, 825,000,000
shares authorized, and 25,136,147
shares and 25,413,789 shares issued
and outstanding as at December 31,
2007 and September 30, 2008 11 10
Class B Ordinary Shares, Par value
US$0.00005 per share, 35,400,000
shares authorized, and 8,996,842
shares and 8,873,986 shares issued
and outstanding as at December 31,
2007 and September 30, 2008 4 4
Additional paid-in capital 1,254,593 1,171,575
Accumulated other comprehensive loss (127,770) (81,953)
Retained earnings 1,691,178 931,736
Total shareholders’ equity 2,818,016 2,021,372

TOTAL LIABILITIES AND SHAREHOLDERS’
EQUITY 3,557,427 2,655,908

Baidu.com, Inc.
Condensed Consolidated Statements of Income

For the Three Months Ended
September September
30, 30, June 30,
(in RMB thousands except for share, 2008 2007 2008
per share information) Unaudited Unaudited Unaudited

Revenues:
Online marketing services 918,179 496,120 802,183
Other services 946 410 428
Total revenues 919,125 496,530 802,611

Operating costs and expenses:
Cost of revenues (note 1, 2) (309,342) (180,704) (280,980)
Selling, general and administrative
(note 2) (163,247) (110,312) (174,213)
Research and development (note 2) (78,231) (37,433) (71,078)
Total operating costs and expenses (550,820) (328,449) (526,271)

Operating profit 368,305 168,081 276,340

Other income:
Interest income 11,375 12,519 10,378
Exchange loss, net (5) (331) (204)
Other income, net 3,009 4,040 7,032
Total other income 14,379 16,228 17,206

Income before income taxes 382,684 184,309 293,546

Income taxes (34,825) (2,580) (28,561)

Net income 347,859 181,729 264,985

Earnings per share for Class A and
Class B ordinary shares:
Basic 10.15 5.35 7.74
Diluted 10.00 5.23 7.62

Weighted average aggregate number of
Class A and Class B ordinary shares
outstanding:
Basic 34,257,974 33,983,137 34,217,081
Diluted 34,786,353 34,763,639 34,786,342

(1) Cost of revenues are detailed as
follows:
Business tax and surcharges (57,288) (30,702) (49,511)
Traffic acquisition costs (108,797) (59,155) (101,693)
Bandwidth costs (48,029) (31,837) (43,012)
Depreciation costs (56,907) (40,654) (57,790)
Operational costs (37,379) (17,979) (27,795)
Share-based compensation expenses (942) (377) (1,179)
Total cost of revenues (309,342) (180,704) (280,980)

(2) Includes share-based compensation
expenses as follows:
Cost of revenues (942) (377) (1,179)
Selling, general and administrative (6,933) (68) (16,484)
Research and development (9,149) (5,027) (11,618)
Total share-based compensation
expenses (17,024) (5,472) (29,281)

Reconciliations of non-GAAP results of operations measures to the nearest
comparable GAAP measures (*) (in RMB thousands, unaudited)

Three months ended September 30, 2007
GAAP Result Adjustment Non-GAAP Results
Operating profit 168,081 5,472 173,553

Three months ended September 30, 2007
GAAP Result Adjustment Non-GAAP Results
Net income 181,729 5,472 187,201

Three months ended June 30, 2008
GAAP Result Adjustment Non-GAAP Results
Operating profit 276,340 29,281 305,621

Three months ended June 30, 2008
GAAP Result Adjustment Non-GAAP Results
Net income 264,985 29,281 294,266

Three months ended September 30, 2008
GAAP Result Adjustment Non-GAAP Results
Operating profit 368,305 17,024 385,329

Three months ended September 30, 2008
GAAP Result Adjustment Non-GAAP Results
Net income 347,859 17,024 364,883

(*) The adjustment is only for share-based compensation.

Reconciliation from net cash provided by operating activities to adjusted
EBITDA(*) (in RMB thousands, unaudited)

Three As a Three As a Three As a
months % of months % of months % of
ended total ended total ended total
September revenues June 30, revenues September revenues
30, 2007 2008 30, 2008
Net cash
provided by
operating
activities 254,870 51% 403,378 50% 482,172 52%

Changes in
assets and
liabilities,
net of
effects of
acquisitions (17,800) -4% (37,893) -5% (45,293) -5%
Income taxes
expenses 2,580 1% 28,561 4% 34,825 4%
Interest income
and other, net (16,228) -3% (17,206) -2% (14,379) -1%

Adjusted EBITDA 223,422 45% 376,840 47% 457,325 50%

(*) Definition of adjusted EBITDA: earnings before interest, taxes,
depreciation, amortization, other non-operating income, and share-
based compensation expenses.

For more information, please contact:

Investor inquiries:

China
Linda Sun
Baidu.com, Inc.
Tel: +86-10-8262-1188
Email: ir@baidu.com

Helen Plummer
Ogilvy Financial, Beijing
Tel: +86-10-8520-3090
Email: helen.plummer@ogilvy.com

U.S.
Thomas Smith
Ogilvy Financial, New York
Tel: +1-212-880-5269
Email: thomas.smith@ogilvypr.com

Media inquiries:

Ceren Wende
Ogilvy Financial, Beijing
Tel: +86-10-8520-6514
Email: ceren.wende@ogilvy.com

Google beat Wall Street with its third quarter earnings, announced today. Their revenue is up 31% year-over-year and up 3% over Q2.

Analysts have been worried that a weak economy would mean worse results for the search giant, due to tightening advertising budgets and decreased consumer confidence.

But, of course, almost the opposite is true. Advertising on Google is much more affordable than traditional marketing methods such as print and television. Search advertising is also more easily measured and has the opportunity to provide a wealth of behavioral data.

With the rise of social networking, employers are left wondering if or how the trend affects their bottom line. Many have decided that Facebook and MySpace in the workplace are not appropriate (for content or productivity reasons) and have banned the sites from being accessed at their offices.

To which I say: Good luck with that!

With the onslaught of iPhones, resisting social media (and I don’t mean for marketing purposes) will prove to be futile anyway. Go ahead. Fire someone for accessing their Facebook iPhone app. But don’t be looking for any “Best Places to Work” awards anytime soon.

And when morale is down, productivity goes down. Call it anecdotal, but the places I’ve worked at with low morale lose productivity to gossip and office politics. What they’re really looking for is support in a difficult workplace. So ban social media all you want, your employees will still find ways to “waste time.” Or as I like to call it, not go completely mental.

On the flip side, social networking more often than not helps your business. Think of all the contacts that your employees have. All those college and high school pals now have careers in a variety of industries. Perhaps there are great partnerships to be had in these vast social networks.

Or when its time to hire a new employee, these networks are a great place to start.

Social media is also a great way to stay on top of your industry - to learn about things that are happening, what’s new. You can’t do it all yourself - or even with just your marketing team. What if a guy/gal in IT catches wind of a new program being implemented at a competitor? Chances are, they’ll find it out via a social network, blog, Twitter, etc.

I say kill those largely unfounded fears and allow social networking in the workplace. Like the rest of business and life, it won’t be perfect. But it can be reasonable.

By the way, one of the new hot things in social media is internal social networking, sometimes referred to as enterprise social media. This can foster genuine channels of good communication among departments across your company.

What’s your opinion? Yay or nay to social media for employees? Leave a comment and tell us how it is!

Related Reading:
Do Social Networks Bring Out the Animal in Us?
Small Business Owners Need Twitter and LinkedIn

PRWeek reports that a new study conducted by Burson-Marsteller has found that 15% of Fortune 500 companies communicate with consumers via blogs.

The survey, conducted in February and March this year, found that 74 Fortune 500 companies actively maintain blogs, many of them technology-related corporations. The top four industries with blogs were: Computers and Office Equipment (IBM, Dell, etc.); Network and Other Communications Equipment (Motorola, Lucent Technologies, etc.); Semiconductors and Other Electrical Components (Intel, AMD, etc.); and Internet Services and Retailing (Amazon, Google, etc.).

Of course, the next step is learning how to optimize your blog. For that, may I recommend that representatives of Fortune 500 companies attend the “SEO Through Blogs & Feeds” session on Wednesday, Aug. 20, at SES San Jose. The session will be moderated by Rebecca Lieb, Contributing Editor, ClickZ, and the speakers are:
* Chris Boggs, Search Engine Watch Expert & Manager, SEO, Brulant, Inc.
* Lee Odden, CEO, TopRank Online Marketing
* Amanda Watlington, Owner, Searching for Profit
* Daron Babin, CEO, Webmaster Radio

Check out the session to learn more about the unique advantages that optimized blogs and RSS feeds offer to companies large and small.

I went to my first Search Engine Strategies back in the spring of 2002. And one of the SEO experts speaking at that search engine conference was Jill Whalen, the CEO of High Rankings.

Six-and-a-half-years ago, Jill spoke at a session entitled, “Writing for Search Engines.” And six-and-a-half-years later, I’m still quoting her SEO copywriting advice in the “Introduction to Search Engine Marketing” sessions at SES conferences because it was “built to last.”

As Jill says, “Good SEO work only gets better over time. It’s only search engine tricks that need to keep changing when the ranking algorithms change.”

And next month, Jill will be speaking at SES San Jose at the “Building a Search Friendly Site” session on Wednesday, Aug. 20, 2008, at 10:30 a.m. as well as the “Keywords & Content: Search Foundations” session later that day at 2:45 p.m.

I recently interviewed Jill and asked her to share some of her SEO copywriting tips. The video interview is below.

Copywriting: High Rankings Jill Whalen

Jill is a pioneer in search engine optimization. She founded High Rankings in 1995 and since then, it has grown to be one of the pre-eminent SEO companies in the United States, providing hundreds of clients in more than 40 industries with expert SEO consulting, website audit reports, SEO campaigns and in-house SEO training classes.

Jill is also the founder of the popular High Rankings Search Engine Optimization Forum, the author of The Nitty-gritty of Writing for the Search Engines, and the co-founder of the Search Engine Marketing Network for New England (SEMNE).

If SES San Jose is going to be your first search engine conference, then I strongly encourage you to attend both of the sessions where Jill will be speaking. Her advice is “built to last.”

Last week the Senate Commerce Committee held a hearing on online advertising and privacy. Today, the Judiciary Committees of the Senate and House get in on the action as it relates to the recent Yahoo-Google deal.

The Senate hearing began at 10:30 am, but is largely eclipsed by a speech by the President as well as Fed Chairman Ben Bernanke’s umteenth appearance on Capitol Hill. You can watch it live by clicking on “Live Webcast” here.

The House hearing begins at 1:30pm and the site has links to webcast video, though I personally couldn’t get them to work on my laptop. If you’re in the DC area, head on over to 2141 Rayburn House Office Building to observe the hearing for yourself.

Google Senior VP for Corporate Development and Chief Legal Officer David Drummond will be appearing at both hearings and is planning to touch on the following:

• The agreement will be good for Internet users (who will see ads that are better targeted to their interests); advertisers (whose ads will be better matched to users’ interests, allowing them to reach potential customers more efficiently), and website publishers (who will see increased revenue from better-matched ads on their websites).
• Google and Yahoo! will remain vigorous competitors, and that competition will help fuel innovation that is good for users and the economy. Commercial arrangements between competitors are commonplace in many industries. Antitrust regulators in the US have recognized that consumers can benefit form these arrangements, especially when one company has technical expertise that enables another company to improve the quality of its products
• The agreement will not increase Google’s share of search traffic, because Yahoo will continue to run its own search engine and compete in online search.
• Yahoo! will make its instant messaging network interoperable with Google’s. This will mean easier and broader communication among a growing number of IM users, and enable users to choose among competing IM providers based on the merits and features of the services.
• A number of steps have been taken in the Yahoo! agreement to protect user privacy. As Google supplies ads to Yahoo! and its partners, personally identifiable information of individual Internet users will not be shared between the companies. Yahoo! will anonymize the IP address of a searcher’s computer before passing a search request to Google.

Also scheduled to appear are:

• Michael Callahan, General Counsel, Yahoo!
• Brad Smith Senior Vice President and General Counsel, Microsoft
• Matthew Crowley, Chief Marketing Officer, Yellowpages.com
• Tim Carter, President and CEO, Askthebuilder.com

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One inescapable reality of the SEM industry is that finding great employees is a challenge, even if one knows precisely where to look. Mainstream and niche job sites, specialized SEM job boards, trade organizations and word of mouth are common channels for recruiting. However with demand growing sometimes it’s necessary to get creative in recruitment efforts.

Whether seeking employees in-house or for an agency, as offline channels continue to fold into the ‘net at a dizzying pace, finding incredibly smart staffers to service growing task lists can be a problem in this competitive environment.

Here’s a 24 point list of of SEM/SEO recruitment channels and ideas, including classics and a few off-the-beaten-path sources with which aimClear and our partner agencies have had some luck. They’re not listed in any particular order of importance:

SEW Job Board
Free for SEM job seekers, employers pay between $375.00 and $4750.00 (multi-post packages). SearchEngineWatch is an important SEM industry player and parent of the ubiquitous SearchEngineStrategies conference series. There are many cross-over users who come from more traditional marketing industries and mainstream businesses.

Marketing Pilgrim Job Board
Free for SEM job Seekers, posting costs employers $57.00 for 30 days. Andy Beal’s audience is all about reputation management, natural search and his audience is comprised of well respected industry players and up-and-comers.

StuntDubl Job Board
Free for SEM Job Seekers, posting costs employers $30.00 for 30 days. Todd Malicoat is well known on the SES, SMX and major trade publication circuit. His blog is frequented by industry insiders and newbies alike.

SEMPO (Search Engine Marketing Professionals) Job Board
Free for SEM job seekers, posting reserved form members @ the $1000.00 annual level and above. SEMPO is as close as the SEM community gets to a consensus trade organization. They also offer training programs for SEM types.

Marketing Sherpa Job Board
Free for SEM job seekers, free for employers to post. MarketingSherpa is a case study research team surrounded by some of the industries brightest minds. Advertising to this community may serve your needs.

SEOMoz Job & Contract Position Listings
Free for SEM Job seekers, Join SEOmoz to build your company profile and post jobs. Rand Fishkin’s venerable SEOmoz is the gold standard for "street cred" and his recommendations mean a lot. Marketplace, an SEO services directory, is a very sweet resource.

Miami Ad School
This ad, design & and account planning school turns out cool copywriter-specialists focused on branding across multiple channels including interactive. Miami Ad School trains promising graduates of other design/marketing colleges, professionals in other fields (like lawyers and accountants) and helps designers build "books" (portfolios). With locations Miami, Minneapolis, San Francisco, Hamburg, Madrid and Sao Paulo the placement department emails job listings to all current and previous graduates around the world-at no charge to the employer.

OASEO
An "SEO Job Community," OASEO is free for SEM Job seekers, posting costs employers $99.00 for 30 days.

ProBlogger Job Board
Free for SEM Job seekers, posting costs employers $50.00 for 30 days. This site is especially strong for recruiting writers who are blog savvy and understand the game.

SEOBook Job Board
Free for job seekers, free for employers. Aaron Wall is one of SEOs pioneers and the blog remains tremendously popular. SEOBook attracts a large audience of SEM insiders and other potential employees crossing over from other industries.

SEM Jobs @ Monster.com
Interestingly enough, Google allows this hardwired search result to index. Everyone in the HR world knows about Monster. See site for pricing details.

Jobster hardwired SEO jobs search result. See site for pricing details

Harry Joiner – Marketing Headhunter
A dominant recruiter in multi-channel client side e-commerce space and a player in the SEM recruiting trades.

Cii Associates – SEO recruiter in Raleigh-Durham
A regionally focused SEM recruiting firm. The Raleigh-Durham IT market is hot and these folks are local.

Onward Search
Recruiting, staffing and temporary contract, temp-to-hire and direct-hire placements at search marketing agencies, & advertising firms. Check out VP Josh Gampel’s LinkedIn profile and meet a power player in the SEM recruitment field.

Most college graduates these days are plugged into the social Internet and can use basic office tools. Journalism majors seem to excel @ SEO and social media, accountant school grad’s are natural PPC wizards and don’t forget to check out he marketing club of your local university’s Facebook group.

English teachers are wired for keyword research and traditional media buyers (like the ones getting laid off from local network affiliates) can be terrific at account planning and media seller.

Find an Associate degree IT grad‘ who’s freakish about blogging and APIs and keep in mind that Paralegals make awesome SEOs. Here’s the best tip of all: Musicians make fabulous SEOs and link builders.

There’s tons of demand out there for SEM and SEO employees from office helper to executive. Hopefully these resources provide a good starting place for your company in growing your department or agency. Please feel free to join in and suggest any additional recruitment channels by commenting.