Google Hits $600; Firm Bigger than Wal-Mart
Posted on October 8, 2007
Shares in Google hit a new benchmark of $600, fueled by investor confidence that the Web search leader’s advertising technology will capitalize on new areas of the media industry.
…. From its place as the leading site for conducting Internet searches, Google has branched into Web video with its purchase of YouTube, trod on Microsoft’s turf with e-mail and other Web-based applications, and taken aim at Yahoo’s stronghold in graphical display advertising.
October 8, 2007
Good stuff, I didn’t know that they purchased YouTube…