Via Economist) This week Google shares,rose above $300 each, having defied most predictions by more than tripling in the ten months since the firm made its stockmarket debut at $85 a share. Now valued at more than $80 billion, Google has left in the dust the other three internet Wunderkinder—Yahoo!, eBay and Amazon—and even passed media stalwarts such as Time Warner. How does Google do it? Coloring as majority say.
Steady drip of product announcements also helps—typically through the grapevine and still in beta (ie, the test stage). This week, it was “Google Earth”, a bit of software that can be downloaded for free and that allows users to fly around a three-dimensional globe through well-rendered valleys and streets. A day earlier, Google hinted at a new media player for internet browsers that will allow users to search certain types of video. The week before, Google confirmed that it plans an online payment service. And so forth. Combine such evidence of frenzied activity with mysterious secretiveness, and the imagination is liberated. A Google web browser? A Google operating system? All the world's information? World domination?
Category :Google
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