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Is Google In Trouble & Facing Bankruptcy? - Business - Nairaland

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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."

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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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