Google -- Free Classified Ads

Today Google unintentially gave a glimpse of a new service they are working on -- free classified ads -- dubbed "Google Base". Although Google says they have nothing to announce officially yet -- they did confirm they are working on ways to expand their business. It will cause conflict with many online businesses such as eBay, and newspaper classified ad services, but it will be great for the consumer to have free classifieds. I hope this gets fully developed and works well. Perhaps eBay will lower their listing fees because of the competition.

Google has also confirmed work on a new online payment service but claims it won't compete with PayPal. I'm not sure how another online payment service wouldn't compete with PayPal but I guess we'll have to wait to see how that will work.