You need to read up on what Google has been doing these past 10-15 years. They are putting themselves in position to collect and organize all the world's information (their company mission) and as we all know, knowledge is power. They've mapped and photographed virtually every crevice of the Earth, captured huge market share in computer devices (Chromebooks, tablets), smartphones (Android OS) and even corporate data (Google Apps).
Advertising was the cash cow that fueled everything else but they now have several business units that stand on their own financially. The day is rapidly approaching where they will not need the ad revenue anymore.
People were afraid of the power that Microsoft obtained in the 1990s. Google will soon be ten times as big as Microsoft ever was. It will get interesting.
Keep an eye on Apple as well. Another company with almost unlimited reserves of cash...
Advertising was the cash cow that fueled everything else but they now have several business units that stand on their own financially. The day is rapidly approaching where they will not need the ad revenue anymore.
People were afraid of the power that Microsoft obtained in the 1990s. Google will soon be ten times as big as Microsoft ever was. It will get interesting.
Keep an eye on Apple as well. Another company with almost unlimited reserves of cash...
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Some financial experts say that google and fb have been taking government monies for information and access, that in a sense both are arms of the governments.
I have a crevice they haven't mapped - and never will. ;-)
They have to do something with their money.
Like all rich people, they have to invest it (don’t let the voters know this or the media will fall on you like a ton of bricks).
They are investing their capital wisely in risky ‘high-reward’ investments.
The government should have long ago forced competition upon them IMO, but I’m glad to see capitalism at work.
This author trying to scare people is a sad example of the kind of sheep we are educating these days.