Google Gets Richer, But Still Leans Left
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CNET reports: “Google took over the top spot as the most highly valued media company this week, surpassing Time Warner in just 10 months of trading as a public company.”
Frothy stuff.
Google’s share price on the Nasdaq rose another $2.18, or 0.75 percent, to close at $293.12 on Tuesday, an all-time high. Stock market analysts have suggested the stock could go as high as $325 or $350 a share.With a current stock market capitalization of more than $80 billion, Google is now worth more than any other media company in the world. That includes Time Warner, created five years ago when AOL purchased Time Warner for $106 billion in a much-hyped combination of old and new media.
Can’t prove it by us. We still use Yahoo!
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This entry was posted on Wednesday, June 8th, 2005 at 5:54 pm and is filed under California, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
August 12th, 2005 at 7:56 am
Is Google biased?
I was looking for incidents in Iraq where terrorist actions led to the death or injury of children, for yesterday’s post. I searched Google Images for “Iraq children casualties”, and found something interesting.
January 31st, 2006 at 10:44 am
[...] Wow. And what about a backlash from angry, outraged liberals? It’s coming. Just you wait. Doesn’t matter that Google founders are liberals. No, sir. We’re talking about human rights and censorship. You can hear the protests now…wait…we hear something…was that a yawn? The Mountain View search-engine company declined the request to send a speaker to the briefing, which will probe the pressures China puts on U.S. Internet companies that operate there, according to Ryan Keating, a spokesman for Rep. Tim Ryan, D-Ohio, who plans to chair the meeting. [...]
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