Monday, August 29, 2005
Google's Grand Ambitions:
"Its lips are sealed, but its moves rattle everyone from Microsoft to eBay
In years past, Microsoft Corp. (MSFT ) could freeze competitors and send investors scurrying just by uttering the name of a market it fancied. Today, Google Inc. (GOOG ) is the 800-pound octopus that is filling potential rivals with dread and envy.
In typical Google fashion, the company chose an unusual moment -- the sleepy doldrums of mid-August -- to shake up the tech world with a flurry of announcements. First, Google confirmed that it had quietly acquired mobile-phone software startup Android Inc. Then came the surprising news that it would add $4 billion to its cash war chest with a secondary stock offering. And then on Aug. 24, the search giant announced it was getting into the instant messaging and Internet telephony businesses. No wonder tech watchers from Silicon Valley to Bangalore are all wondering the same thing: What the heck is Google up to?"...
"Its lips are sealed, but its moves rattle everyone from Microsoft to eBay
In years past, Microsoft Corp. (MSFT ) could freeze competitors and send investors scurrying just by uttering the name of a market it fancied. Today, Google Inc. (GOOG ) is the 800-pound octopus that is filling potential rivals with dread and envy.
In typical Google fashion, the company chose an unusual moment -- the sleepy doldrums of mid-August -- to shake up the tech world with a flurry of announcements. First, Google confirmed that it had quietly acquired mobile-phone software startup Android Inc. Then came the surprising news that it would add $4 billion to its cash war chest with a secondary stock offering. And then on Aug. 24, the search giant announced it was getting into the instant messaging and Internet telephony businesses. No wonder tech watchers from Silicon Valley to Bangalore are all wondering the same thing: What the heck is Google up to?"...
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