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Nairaland Forum / Nairaland / General / Business / Is Google In Trouble & Facing Bankruptcy? (884 Views)
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Is Google In Trouble & Facing Bankruptcy? by webguru(m): 5:03pm On Jan 11, 2008 |
Rumors are now running amok that the 2nd most powerful website on the entire Worldwide-Web may file BANKRUPTCY, with the deadline set for this December; being the date of both discharge and dissolution in a Federal Court of Law. This would come as a SHOCK to investors and "Googlers" alike who both profit and benefit from the use of the World's largest and most powerful search engine which receives far in excess of 100 MILLION unique daily visitors and well over 300 million individual searches daily - making it perhaps the single most valuable public data resource as an "information bank" online the world over. But is the rumor true or false? The origin of the rumor occurred when some savvy Internet marketers began making statements that they had heard "insiders' talk" that the company (now publicly traded since April 30, 2004, just over 3 years ago) may face financial disaster with the release of a "new system" that would allow advertisers to get their otherwise pay-per-click (PPC) advertising completely free. This, of course, would naturally lead directly (like a domino- effect) to the collapse of Google's sibling program AdSense; as its only revenue comes from the direct sales of AdWords "clicks." ============================================== mail: segebee@freefollowup.com to get free details |
Re: Is Google In Trouble & Facing Bankruptcy? by naijacutee(f): 12:07pm On Jan 12, 2008 |
Very funny. That's what it is - A rumour, probably spread by malicious competitiors. |
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