Google made one of its most significant

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sumaiyakhatun27
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Joined: Mon Dec 23, 2024 9:09 am

Google made one of its most significant

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Page and Brin approached Yahoo with a $3 billion offer, but the CEO refused. The company introduced Google Labs the same year. In 2003 Google acquired Applied Semantics, the AdSense makers, for $102 million. By 2004, Google had over 800 employees. The company announced its IPO the same year, raising $1.66 billion. The company would pay another $102 million in 2006 to acquire dMarc Broadcasting, a web advertisement business.


Acquisitions in 2007 by buying DoubleClick, an online advertising company, owner/partner/shareholder email lists for $3.1 billion. 2007-2017: In response to the massive mobile applications growth, Google acquired Admob, a mobile advertising network, for $750 million in 2007. Google’s shares first hit $700 on October 31, 2007. Individual investors triggered the increase in stock price. The same year, Fortune rankings showed Google was the leading company to work for.


In 2008, groups of publishers and authors sued Google for availing their copyrighted books online. Google later agreed to pay the groups $125 million. The company also offered the publishers and authors 63% of advertising revenue from page views of their content on Google’s website. In exchange, the publishers and authors would allow internet users to read sections of their work online. Google Chrome was birthed in 2008, becoming one of the most popular browsers globally.
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