Tuesday, December 15, 2009, 12:28PM ET - U.S. Markets close in 3 hours and 32 minutes.
It's difficult to deny Google's transformative -- and disruptive -- power on many traditional businesses from newspapers to book publishing. Now a decade after its founding by two Stanford University students, Larry Page and Sergey Brin, the digital media behemoth is experiencing growing pains -- while reaching for even more.
"And they're not always well-equipped for those challenges," says our guest Ken Auletta, author of the new book "Googled: The End of the World as We Know It." Based on more than a dozen visits to the tech campus, Auletta had access to the founders, CEO Eric Schmidt and about 150 present and former employees for the book.
Challenges ahead.
One thing is clear: Google has plenty of cash to fight its competitors, whether it's Microsoft or some other "next big thing" that's being cooked up now by two engineers in a Silicon Valley garage.
Google sold it's soul to the stock market. It used to be about "first do no harm" and now it's "we have enough cash to get away with anything we want to".
Google's greed and arrogance will be their down fall. They want to get into everything.
If they are maybe they can take over the government so we can get free government too instead of the government costing us all $Tillions in wasted tax expenditures. No Senator should be in office more than 2 terms (12 years) and no Congressmen/women should be in office more than 3 terms (6 years) otherwise they do too much harm to us all. VOTE OUT the INCUMBENTS in 2010.
Go figure.....UNEMPLOYEMENT PAST 10% AND WALL STREET RALLIES.
Yes, along with Pinky and the Brain.
Somebody at Yahoo better unfu$k themselves and realize that Google has a serious market advantage. Partner with Microsoft and beat them! Yahoo finance is far and away better than google finance but google kills Yahoo with calender, groups, and DOCUMENTS. If I could access Microsoft Office in the same way I can access google documents I have no use for google besides the search engine. Wake up! Sticking your thumb in Bill Gates face is dumb business. Stop hurting your share holders.
Yea keep every body in front of their PC. No one even knows their neighbors any more. Kidds have lost their social skills. We are turning into gazing robots. We are being brain washed like never before. Milk at 8.50 a gallon. everyone working on my street. Fed needs to raise by at east 1% NOW. 1% will not derail economy. Silent int inflation is here. Deflation scare talks is the new KoolAid to fill the pockets of Banks and Multinatonals. People do not even notice it. They are too busy gazing into their screens.
finally... an articulate, informative guest to listen and ponder what's in it for me... possible opportunity...
Thanks for this interesting segment. 99% the stuff the media presents about Google is rosy naive bullshit that does not consider the ramifications of this advertising monopoly.
ONE THING I KNOW FOR A FACT:... IN THIS MARKET WHERE UP IS DOWN, AND ABNORMAL IS THE NEW NORMAL..... VODKA ENEMAS ARE MUCH MORE EFFECTIVE THAN OLD TRADITIONAL ORAL METHODS.
Google will not be allowed to take over the world--your short memories will kill you--can you say Microsoft and anti-trust. The power brokers in our universe are unknown to individuals like you and me...
Has anyone tried this yet? www.dnafxtrading.com
It's amazing how some clueless analyst can lift the market with a GE projection that has as much chance of becoming reality as not materializing. This is especially not credible since GE lied to all their investors earlier this year concerning their dividend. Many investors like myself will never buy GE again when they can so blatantly lie to us. GE gets pumped up to keep the market artificially higher than it should be based on a terrible 10.2% unemployment report.
TELL THE TRUCH UNCLE SUGAR. THE UNEMPLOYMENT RATE IS MUCH MUCH HIGHER THEN 10.2 . BUT A LIE WILL DO FOR NOW, RIGHT?
Is there anyway to change the new android phones so you don't have to use google? I f they did store every bit of info forever I would feel better.
GOOG will hit there pinnacle when they take over TT (LOL).
Sorry, If they didn't store every bit of info forever I would feel better.
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John - Friday November 06, 2009 10:29AM EST
Folks, this is a deflationary crash. The pie is shrinking. There is less and less available to earn. You got the unemployment numbers. With a deflating money supply, it is not possible to earn the same. Google innovates. It will continue to take market share! But beware, you heard it from the trading champion Robert Prechter, this is NOT the time to buy these companies. We have borrowed for 50 years from the future. The future is here. Do not expect good old days to come back. All will crash, because they are over valued: http://www.tradingstocks.net/html/near_bottom.html