Google has just posted the full video of Larry Page comments on Twitter which you can find at 19:08 (this link will take you directly to these comments)
Here is a transcript:
Can you comment on the growth of Twitter and Google plans to integrate real time?
“people really want to stuff real time and they (twitter) have done a really good job about. We have done a relatively poor job of doing things that work on a per second basis. I have been telling our search team that they need to search on a per second basis. They laughed at me and said it’s ok it’s just a few minutes old.
I said “no” it needs to be every second. Now I think they understand that. I think we will do a better job at some of those things now that we have these examples. It does take time to really integrate information. If you really want up to the second information it is not going to be as good as if you wait up to a couple of minutes. That’s an important aspect of what’s going on, you need to make people get sense of things. I am not sure everybody needs to see stuff every second, I am not sure that’s the right model either.”