Everyone knows what Google is. The company founded in 1998 has become one of the most influential companies in the world. The term "google" has become synonymous with searching something on the internet. It's acquisition of YouTube for $1.65 billion in 2006 helped their growth skyrocket. They have also faced criticism for the way they advertise products, as well as facing numerous charges of violating antitrust laws.
An investigation conducted by attorney generals of 50 states, led by Texas, is trying to determine if Google is becoming too big in the advertising industry. Google controls 31% of the internet's advertising, and many small companies trying to advertise argue that they have to follow whatever Google says, or else they won't be able to reach their customers. Google has also been fined $5 billion by European regulators for forcing owners of Android powered products to install their softwares.
It's an understatement to say that Google is an influential force in the world today. Many of the things we do in our everyday lives revolve around Google. With how powerful Google is, it's not surprising that there are those that believe them to be violating regulations to increase their influence. Wether we like it or not, our world would be very different if Google wasn't the giant it is. So if Google taking control of most of the internet is necessary for the world to continue operating as it does, then we need to go along with it.
For more on the story, click here.
It's an understatement to say that Google is an influential force in the world today. Many of the things we do in our everyday lives revolve around Google. With how powerful Google is, it's not surprising that there are those that believe them to be violating regulations to increase their influence. Wether we like it or not, our world would be very different if Google wasn't the giant it is. So if Google taking control of most of the internet is necessary for the world to continue operating as it does, then we need to go along with it.
For more on the story, click here.
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