Google's share value halves
The financial crisis is taking its toll even on companies that were considered perfectly healthy just a short time ago. Internet giant Google has lost nearly 20 percent of its value in a week.
The financial crisis has left its mark even on companies that were recently considered to be in excellent health. Internet giant Google is now also reporting problems. As the commuter newspaper News reports in its Friday edition, the company has lost almost 20 percent of its value in the last week alone. A year ago, the share value was still over 700 dollars; now it has fallen to 338 dollars.
The new sales strategy of Google subsidiary YouTube may soon bring in new funding. As was announced on Thursday, music tracks can be purchased there in future. A button will now be displayed next to the music videos, which can be used to directly purchase the respective song as an MP3 in collaboration with Amazon and Apple.
The new sales strategy of Google subsidiary YouTube may soon bring in new funding. As was announced on Thursday, music tracks can be purchased there in future. A button will now be displayed next to the music videos, which can be used to directly purchase the respective song as an MP3 in collaboration with Amazon and Apple.
