Google Shows Signs of Mortality
If Microsoft dominates the desktop and Apple has ITunes, then Google is indeed the dominant force behind the internet. But this year Google is showing signs of mortality, and the company whose philosophy states that you can be serious without a suit and make money without ”doing evil” has seen its fortunes shift.
Recent controversy has seen Google capitulating to the Chinese government to censor the Internet, an issue that led lawmakers to call executives from Google and other companies to Washington last week.
Despite its do-gooder credo Google could possibly face a fate similar to other groundbreaking giants like Microsoft, Wal-Mart and McDonald’s that rose to dominance in their industries before succumbing to suspicion and controversy.
Despite the fact that Google has won recent kudos from privacy rights groups for fighting a Justice Department subpoena to search records and (allegedly) combat online child pornography, in truth the case has shed light on the fact that Google does indeed retain personal information on its users.
It has also come to light that Google’s true motives may be more self-serving than first appears.
As a result over the past month Google has seen its stock plunge more than $120, including a 10 percent dive over the last week, and speculators are beginning to wonder if Google is losing its lustre and can continue it’s dazzling ride. Source.