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NEW YORK: Google Inc, whose shares have plunged more than 40 per cent since November and could fall almost another 20 per cent due to the US economic slowdown and aggressive spending by the Internet search engine company, according to the latest issue of Barron’s.
Google shares dropped to a new 52-week low of $435.78 Tuesday before bouncing back to close at $444.60, down $12.42. Google shares closed on Friday at $433.35.
Tech specs of the E2831: OMAP TI 730 chipset, running at just 200MHz, and has a mere 64MB RAM and 64MB ROM. Android runs with no mods - this is the version of the OS publicly released on the Android site.
Google’s most popular search Queries for 2007..
Lots more can be found on 2007 Year-End Zeitgeist
Google’s YouTube is the top destination for online video content.
Videos produced by the online search engine and its holdings account for 31.3 percent of the 9.5 billion videos consumed on the Web in November 2007, according to data from comScore. That’s up from 28.3 percent in September.
Approximately 29.5 million people watched 2.9 billion videos on YouTube in November, according to comScore.
In a case dating back to 1997, the companies have been accused of accepting payments from firms that advertise illegal gambling in the US.
Microsoft, Yahoo!, and Google have agreed to pay a total amount of $31.5 million towards settlement of a case alleging that the companies are guilty of promoting online gambling.
Microsoft will pay a total of $21 million consisting of,
$7.5 million as a charitable donation for Missing and Exploited Children
$4.5 million to the US government
$9 million towards a 3 yr public service campaign to warn youngsters about illegal online gambling.
Yahoo! will pay $3million to the US government and $4.5 million towards the public service campaign.
Google will pay $3 million to the government
“Those people are not going to be allowed to take food off our plate, because that is what they are intending to do.”
Impassioned words, coming from the chief operating officer of Microsoft, Kevin Turner, at a company conference. Google has been wading into the world of enterprise search with its Google Search Appliance, which sells for around $2,500 pop. The software allows company employees to search through platforms like intranets, content management systems and file servers.
But Turner, who joined Microsoft from Wal-Mart Stores 11 months ago, was adamant that corporate search is “our house.” “Enterprise search is our business, it’s our house and Google is not going to take that business,” he told 7,000 delegates in Boston.
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