News/ Info Google Does Not Know How To Spend Cash

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Webmasterserve

Staff member
Administrator
Aparently, Google has got so much money it does not know how to spend it, read this excepts:


Google is accumulating mounds of cash from operations, but Chief Executive Eric Schmidt appeared to rule out seeking big mergers or making other dramatic changes in how the company uses it. Speaking to investors at the Morgan Stanley Technology Conference, Schmidt was asked by analyst Mary Meeker whether Google would consider changing course on how it uses cash.
Full story here: http://news.zdnet.com/2100-9588_22-6164605.html?part=rss&tag=feed&subj=zdnn
 

DevonWebsites

Yellow Belt
In my opinion if a big company is making more money than is needed and it can't spend it all then they should be forced to reduce the percentages and provide better value to the consumers.
 
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