Google Inc. (NASDAQ: GOOG) is an American multinational corporation which provides Internet-related products and services, including Internet search, cloud computing, software and advertising technologies. Advertising revenues from AdWords generate almost all of the company's profits.
The company's Mountain View, Calif., headquarters will soon welcome a 120,000-square-foot "Google Experience Center" that will serve as a combination private museum and meeting area, according to a San Jose Mercury News report. The $120 million expansion will also reportedly house labs to test secret projects such as the company's "@home" project--rumored to be a home entertainment device.
In 2009, the United States Patent and Trademark Office granted Google a patent for an ocean-based server farm, powered and cooled by the seas’ wind and water. Google argued that the transportability of these server ships would allow easy movement to world regions where such services are needed.
Google Trends and Google Insights for Search provide a real time report on query volume, while economic data is typically released several days after the close of the month. Given this time lag, it is not implausible that Google queries in a category like "Automotive/Vehicle Shopping" during the first few weeks of March may help predict what actual March automotive sales will be like when the official data is released halfway through April.
Google settled charges last year that it violated privacy laws by exposing Gmail users' personal information when rolling out its now-defunct Google Buzz social networking service. The breach prompted an angry backlash from consumers and privacy advocates who say the Mountain View, Calif., company disclosed personal information without their knowledge or consent.
Hitwise, which measures internet traffic, reported that Google had 71 percent share of searches in the United States and 87 percent in the United Kingdom in 2008. With its acquisition of ad-serving company DoubleClick in 2008, Google controlled 69 percent of online ad serving, according to Attributor, and 24 percent of online ad revenue, according to IDC.
Taking its name from "googol" -- the mathematical term for the value represented by a one followed by 100 zeros -- Google offers targeted search results from billions of Web pages. Results are based on a proprietary algorithm; its technology for ranking Web pages is called PageRank.
On August 19, 2004, Google went public in an unconventional initial public offering at $85 per share, raising nearly $2 billion in the largest technology IPO ever. In the seven years after Google's founding in 1998, Microsoft stock did not increase in value at all. During that same period, Google shares came to be worth more than $80 billion.
Google was founded by Larry Page and Sergey Brin while they were students at Stanford University. The company was officially launched in September, 1998 in a friend’s garage.
Google’s motto, famously, is “Don’t Be Evil.” An ambitious goal, or at least a cheeky assertion — and one that is called into question by commentators each time there is another privacy flap.