Google reached an agreement today to acquire DoubleClick, the online advertising company, from two private equity firms for $3.1 billion in cash, the companies announced, an amount that was almost double the $1.65 billion in stock that Google paid for YouTube late last year.
and via Alarm Clock.
MAY 12, 2017 – BUSINESSWIRE. Mountain View-based search giant Google Inc today announced they’ve acquired the internet for the astounding sum of $2,455.5 billion in cash. The deal had been rumored in various search blogs since the beginning of the year and was now confirmed by the company’s CEO. “This is in line with our vision to make information more accessible to end users,†says Eric Schmidt. “With the acquisition, we can increase the speed of indexing as everything will already be on our servers by the time it’s published.â€
In a conference call earlier today, Larry Page explained the strategy behind the acquisition. “We realized it’s not very cost-effective to buy the internet in smaller portions.†During the past two decades, Google had acquired YouTube for $1.65, DoubleClick for $3.1 billion, AOL for $12.5 billion, and last year, Microsoft for the record sum of $120 billion.
Questioned on the first steps the company would take integrating the internet onto their servers, Eric Schmidt announced immediate plans to redirect Yahoo.com to Google’s own search engine. “From an end user perspective, having two search engines is just bad usability, and [causes confusion]. While we appreciate Yahoo’s recent advances in search technology, we felt this move is best aligned with the interests of our advertisers, users and shareholders.†Eric added, “By leveraging third-generation mobile platforms in sustainable verticals, new monetization opportunities can manifest into an improved web experience, greatly benefiting investors and digerati alike – a true paradigm change synergizing the Web 6.0 framework on the enterprise level.â€
Accompanying Google’s acquisition revelation, privacy groups today released a paper criticizing the move. However, Larry Page argues that privacy is improved by Google’s acquisition, explaining that “[the] main privacy issues for users today are data leaks to third parties. By eliminating all third parties, we closed this hole.†Eric Schmidt adds that Google intends to replace their current privacy policy with a “privacy scale†which better balances necessary compromises. “When you can improve the privacy of a large group of people by violating the privacy rights of a small number of people, in the end this improves overall privacy.â€
The Chinese government in the meantime congratulated Google Inc on their move. Regarding the potentials of expanded censorship, Sergey Brin told members of the press that Google would now drop all search results filtering and instead “address the root problem from a publisher perspective†by directly blocking certain keywords the time they are entered in Google-owned tools such as Blogger, Gmail, Page Creator, Yahoo 360 and MSN Spaces. Amnesty International and Reporters Without Borders were not available for comment at this time due to temporary technical problems with their web-based email clients.
Via: http://blog.outer-court.com/archive/2007-04-14-n32.html
I would love to visit the opening of the America’s Cup this year. But I am going to an also very interesting Conference next weekend – so I wont have time.
Here are some infos about the Event in Valencia:
Spectacular boat parade on April 14th to open the 32nd America’s Cup
On Saturday 14th April, Port America’s Cup will celebrate one of its most long-awaited moments, the official opening Boat Parade for the 32nd America’s Cup. The final stages of the event will begin two days later with the first racing of the Louis Vuitton Cup. The winner will face Alinghi in the 32nd America’s Cup Match starting on 23rd June.
The Boat Parade represents the true countdown to the America’s Cup Match, a contest for the oldest sporting trophy in the world, held in Europe for the very first time since 1851.
The boats will sail along the Port America’s Cup canal in a unique display of color, light, music and fireworks. Open to the general public, the presentation will last around 45 minutes.
The Boat Parade is scheduled to start at 21.30. The twelve 32nd America’s Cup teams will individually make their way along the canal, one by one sailing in front of four enormous 50-metre monuments.
Each of these monuments symbolises one of the four elements: water (the event’s stage), air (the wind powering the boats), earth (the universal character of the 32nd America’s Cup – the most international event ever held) and fire (the heat of the battle and the fight for the Cup).
The 11 challengers will be the first to make their way down the canal. One of these teams will reach the final of the Louis Vuitton Cup and win the right to face Alinghi. The Defender will be last boat in the parade and will display the America’s Cup on their bow.
Each boat will be accompanied by a spectacular firework display that has been specially designed with an individual light and sound choreography for the individual competing countries.
I have five invitations to become a beta-tester at Joost. If you want to be invited just send me an eMail:
monty (at) monty (dot) de
I like how the team of Joost is explaining their technology and idea via a very simple commercial.
Have a Look:
