It comes in handy if you are looking for quotes from individuals and the sources, and you can slice and dice the quotes by relevance, date and time. However, it is a bit inconsistent right now. The two screens below shows how “words that matter” works:
Searching Google News for Bill Clinton didn’t yield any quotes, but a search for Yankees captain Derek Jeter did. It appears that the news quote feature needs a little more work, or that Google News has deemed its CEO as unquotable. It must be the former…
Google News shows a quote at the top of the page (above), with a link that goes to a full page of news quotes (below).
I did another Google News search on “Eric Schmidt” and I got this screen, sans the quote feature:
Google announced a great quarter today, with net income jumping 31 percent to $1.31 billion for the first quarter, and I was equally impressed by a new feature on Google News that extracts quotes from news stories.
Searching on George Bush, the quote feature worked as expected: