Aug 06
28
EBay gets Googled
Amazing stuff. Yesterday I read that Google has so much cash on hand that it is now being classed as a Mutual Fund, which brings with it more reporting, more compliance issues etc. They apparently have more than 14 10 Billion on hand.
Now today I read that they have done a deal with EBay to serve ads to all of EBays non-US sites. That won't solve their problem with too much cash!
So is it likely that Google will start buying some properties….?
You get quite a lot for 14 Billion!
What Google could do – as a company whose motto is Do No Evil – is to look at creating a Google charity. How much real good could be done if Google for instance contributed $1Billion to buying up Amazonian rainforest to protect them from being logged?
Or perhaps they could buy some planes for Medicine sand Frontieres – so that they can get aid to the needy that much faster….?