What is Digg?89 Comments
- d2002, on 10/16/2008, -0/+65Maybe they should run our economy.
- cubicledrone, on 10/17/2008, -5/+25When was the last time Google had a mass layoff? Oh, that's right. Never. And they kick ass every single day.
Coincidence?
Hire good people, treat them right, and succeed. That's capitalism, *****. 'nuff said. - PGPirate, on 10/17/2008, -3/+22I still hate the new iGoogle layout, though
- RoboDonut, on 10/17/2008, -1/+18...and Microsoft succeeds by being anticompetitive douchebags and intentionally crippling their own products. Capitalism is indifferent.
- kingmanic, on 10/17/2008, -3/+17Google Reality ©,
-All services are free but every visible surface will have an ad
-Like Yahoo Reality © but with every annoying feature removed
-Google records every single thing you do, but we swear we wont' misuse this recording.
-Every few months a new feature is added to your reality
-Everything you every make is owned by Google - inactive, on 10/17/2008, -0/+11Impressive.
- TVarmy, on 10/17/2008, -1/+12But then the stock exchange would be stuck in beta.
- kendawg, on 10/17/2008, -0/+10Yeah, I also have $380 million lying around.
- orlyfactor, on 10/17/2008, -0/+8They've also only been around for 10 years. Give them time, every company goes through growth and contraction.
- Namli, on 10/17/2008, -3/+11Great way to lead by example. Wish more companies were as diverse as Google.
- bacon_skoda, on 10/17/2008, -0/+8google()
{
while(1)
print( Money );
} - clogmoney, on 10/17/2008, -0/+7They still have to pull the change from under the sofas before they announce the final figure.
- adpowers, on 10/17/2008, -2/+9And by diverse, you mean having 97% of your income coming from advertising?
http://investor.google.com/releases/2008Q3.html (last table) - insinuate, on 10/17/2008, -0/+7Are you implying GMail sucks sir?
- ingoldsby, on 10/17/2008, -0/+6I do too.. Trying to get used to it :/
- mahadiga, on 10/17/2008, -0/+6Cash is King.
Google has $6.87 billion Operating Cash Flow.
http://finance.yahoo.com/q/ks?s=GOOG - Gutterpunk, on 10/17/2008, -0/+6And how would that be different from now?
- joshhan, on 10/17/2008, -0/+6$680 is extra laying around cash? Sheesh, college students these days...
- twiztidsinz, on 10/17/2008, -2/+7And yet... as soon as one shred of bad press comes out about Google, everyone grabs their pitchforks, torches and 2x4's preparing to crucify the company.
- insinuate, on 10/17/2008, -0/+5Is it wrong for me to love them as much as I do? It just feels odd this day and age now that I think about it, a big corporation that does good and makes ton of money...much love google.
- Daiken, on 10/18/2008, -0/+4If your parents are paying for your education then you don't understand the meaning of poor.
- inactive, on 10/17/2008, -3/+7i will give my soul to google if they can release an android phone that actually looks GOOD. i've heard amazing things about the software.
- pw378, on 10/17/2008, -0/+4You guys really don't understand stock prices, do you?
- SethEllis, on 10/17/2008, -1/+5This stock has been killer the past few days. If you had bought yesterday at 310 you would have made over $70 per share. The price seems to be settling, but I hope that there might be similar opportunities next week.
Of course this is all assuming that you have enough money to buy stocks that are valued at 300+ a share :( I've just been using Google Finance as a sort of virtual stock market. I made 10% gain on my investment that amounted to over $5,000 in my simulator. If you want to know more about how to do it yourself just give me a shout. - Icetype, on 10/17/2008, -0/+4Uh, yeah, no-- you didn't.
- frogman54, on 10/17/2008, -0/+4How much did Jeeves make?
- TVarmy, on 10/17/2008, -0/+4All of those services are pretty good. Google Apps is probably the weakest, but that's just because it's hard to have an interface as functional as Microsoft Word's in a browser window.
- kalvinb, on 10/17/2008, -0/+3That's what happens when you have a service like AdWords that just prints money for you.
No matter what the economy is doing companies and individuals rely on advertising to sell things to make money. - mathcreative, on 10/17/2008, -0/+3yeah probably true. But at least we should give them credit to being more socially responsible then most companies.
- inactive, on 10/17/2008, -1/+4Didn't know google had a share in ID Software :P
- RoboDonut, on 10/17/2008, -0/+3I don't know about the rest of you, but I find Google Calendar to be incredibly useful. It supports the iCalendar protocol, so you can use it as a backend for a number of different clients (such as Mozilla's Lightning extension for Thunderbird)
- boonesfarm, on 10/17/2008, -1/+4Maybe Obama should threaten them with a windfall tax. Here we have Google, doing so well when the rest of us are hurt'in'.
- lulzitsadigg, on 10/17/2008, -0/+2Google != Bank, sadly.
- bacon_skoda, on 10/17/2008, -0/+2i set a $320 limit when it was at $352. then it actually hit it. crazy.
- rpieszak, on 10/17/2008, -1/+3Tomorrow's headline: Google buys, colonizes and sells the Moon, looking into Mars options
- pw378, on 10/17/2008, -0/+2The TV and Radio advertising spending has declined in the past few months, but Internet advertising is continuing to expand... In a recession, targeted advertising is a dream come true to businesses.
- inactive, on 10/17/2008, -0/+2I want my share! Not fair that they are smarter than me, work harder than me and have more fun than I do at my job. Equality for all!
- monkeyrun, on 10/17/2008, -0/+2And the sole reason they are doing so well is because they are NOT diverse.
You want diverse? look at GE. - clogmoney, on 10/17/2008, -0/+2Watch their next quarter top that. They are allowing gambling sites to advertise in the UK now. £££££
https://adwords.google.com/support/bin/static.py?p ... - bacon_skoda, on 10/17/2008, -1/+3if advertising slows down, like it probably will in a recession. what does google have left?
that's diversity. - tHeSiD, on 10/17/2008, -0/+2makes me wonder..
one of the worlds biggest companies.. $5.5bn
how many such companies can $700bn fund? - TVarmy, on 10/17/2008, -0/+2I'm guessing they'd have no good reason to split their stocks any time soon? I know barely anything about the stock market or economics, but I would buy a share or two in Google if they were under $200.
- inactive, on 10/17/2008, -1/+3Not earning their keep? Kick them out? How dare they?
- bacon_skoda, on 10/17/2008, -1/+2they just closed down the Tempe, AZ campus.
just so you know. - joshhan, on 10/17/2008, -1/+2$5.5bln =/= (not even close) to $100bln a quarter.
(revenue, that is) - pw378, on 10/17/2008, -0/+1If you can't afford to invest in 1 stock at $300, then you shouldn't buy 10 stocks at $30 either... The share price is meaningless without taking into consideration the number of shares available. Google only has 300 million shares, while Microsoft has 9,000,000,000 (yeah, 9 BILLION) shares being traded. Would you rather have 1/300millionth of a company, or 1/9000millionth of a company. Think about it.
- pw378, on 10/17/2008, -1/+2Its not costing any jobs. The employees have all been offered sweet relocation packages to another office of their choice. Some of those people will even remain as remote workers.
- gothicform, on 10/17/2008, -0/+1Well I am just about to pull a Google advert from the front page of one of my sites. The other ad has already been pulled. Despite this being a site updated every single day consisting of a number of different dynamic bits, it has generated roughly 40 dollars a month since the CPM on Google tanked. In it's place I am being $750 dollars for an advert advertising an open multi million dollar contract.
Combined with the other ad that'll see the front page alone making a grand a month, in place of the $50 it was making under Google. When your CPM is $2.00 you have a good incentive to maintain Adsense, when it's $0.57 you have a good incentive to lose it, particularly when it's so below the commercial going rate.
The reason I am able to charge advertisers so much is because of the importance of the site etc etc but the reason Google is able to pay me so little is because it has the site thrown in with a network of substandard blogs so is competitively pricing us down against them.
If someone does want to advertise specifically on the site via Adsense the flaw in the programme becomes visible because they are then offered a competitive amount with what Google has already priced us down to, it does not take into account prestige or the fact that companies WILL pay many times more. Only sites with 20 million page views can get a set CPM from Adsense which is a huge, huge flaw and one Google has shown no indication of resolving.
Watch as mid-size publishers dump Google en masse fed up with the poor CPM. -
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