how many times do we say google it when
we don't find the answers we are looking for.
People believe that if something
doesn't exist on Google it doesn't exist at all.
today almost everyone uses Google
from its search engine and YouTube to
the Android smartphones that use them.
apart from being a massively successful
company Google has its own simple style
of keeping itself apart from the crowd.
google has always done things a little
bit differently and that works to keep
things fresh, immersive and consistently progressive.
it has collected digitized
arranged and presented more information
than any company in history.
today it has a market value of 739 billion US dollars
Google's revenue amounted to one hundred
and nine point six five billion US
dollars in 2017 which is more than
combined revenue of Disney and Facebook
according to Fortune 500 list.
let's dive deeper into how big it is and how
it all began. the story of Google begins
in 1995 at Stanford University.
Larry Page and Sergey Brin met at Stanford
when Brin was asked to show page who was
a new student around the school. by some
accounts they disagreed about nearly
everything during that first meeting but
by the following year they struck a
partnership. working from their dorm
rooms they built a search engine that
used PageRank algorithm to determine the
importance of individual pages on the
World Wide Web. their mission was to
organize the world's information and
make it universally accessible and
useful. they called this search engine
back rub. Larry and Sergey later decided
the name of their search engine needed
to change and decided upon Google which
is inspired from the term
Googol which means one with a hundred
zeros following it. in August 1998 sun
co-founder Andy Bechtolsheim wrote Larry
and Sergey a check for a hundred
thousand and Google Inc was officially
born. with this investment the newly
incorporated team made the upgrade from
the dorms to their first office a garage
in suburban Menlo Park California owned
by Susan Wojcicki who was the
sixteenth employee of Google and now CEO
of YouTube. the picture shown here is a
capture of the site from the Internet
Archive of what Google looked like in
1998. in February 1999 Google got its
first real office in Palo Alto
California. later in the year they moved
to Mountain View California. in July 2001
Google Images launched with 250 million
searchable images. after that in August
2001 Eric Schmidt becomes CEO while page
became president of products and Brin
became president of Technology. the early
days of Google were not super glamorous
Schmidt told LinkedIn co-founder Reed
Hoffman
during an interview that the former CEOs
first office at the company was an 8 by
12 foot space that he shared with the
companies then VP of engineering Amit
Singhal. an interesting thing to know is
that since the founders Larry and Sergey
weren't looking to start their own
business, they tried to sell their search
engine system to Yahoo. Yahoo originally
said no but in 2002 offered to buy
Google for 3 billion but this time
Google said no. later in the year 2003
Google acquired pyra Labs creators of
blogger. after that in March 2004 Google
moved its headquarters in to the
Googleplex Mountain View California.
in the same year Gmail launched on April
Fool's Day despite it being a real email service.
in the years that followed the company
expanded rapidly hiring engineers
building a sales team and much more.
the spirit of doing things differently made the move.
we encourage our employees to
spend 20% of their time working on
whatever they're interested in not what
their boss wants them to work on. out of
that most of our great new products have come.
in August 19 2004 Google conducted
an initial public offering on NASDAQ the
offering raised about 1.2 billion for
the company. when it went public Google
was valued as much as General Motors.
later in February 2005 Google Maps
launched. in the same year they also
released Google Earth allowing users to
view satellite imagery of any place in
the world.
in October 2006 Google acquired YouTube
for 1.65 billion and launched Google
Docs- an online application for creating
documents. after that in November 2007
Google launched Android OS an
open-source mobile device platform.
later in September 2008 the g1 the first
Android phone was unveiled by t-mobile (htc)
in the same year in September second
Google Chrome was launched. after that in
April 4th 2011 page resumed CEO title
after ten years away while Schmidt
became executive chairman on April 4th
2012 Google unveils Project Glass an
initiative to develop a wearable device
the device later debuts as Google glass.
in August 10th 2015 google announces a
corporate restructuring forming an
umbrella company called alphabet and
naming sundar pichai as the new CEO to
the core business of Google. co-founders
page and Brin will run alphabet with
page as CEO and brain as president.
In october 2nd 2015 the company announces
that its restructuring will happen at
the end of the day, alphabet will become
the parent company of separate smaller
companies one of which is Google.
today with more than 85,000 plus
employees in 50 different countries
Google currently owns more than 250 plus
companies which includes nest labs
deepmind
AdMob and Motorola. an interesting thing
to know is Google's acquiring on an
average one company every week.
the relentless search for better answers
continues to be at the core of
everything Google does. in 2017 Google
earned one of the highest tech company
revenues with roughly 110 billion u.s.
dollars. the advertising revenue was
ninety five point four billion dollars
which is more than combined prime-time
advertising revenues of Fox ABC, NBC and
CBS. as of May 2018 search market leader
Google had a market value of 739 billion
US dollars. despite the vast scope of
Google products the company still
collects the majority of its revenue
through online advertising on Google
Sites and Google Network websites.
google is the undisputed champion when
it comes to discovering risks associated
with their core business and
neutralizing them either by acquisition
or their own development or both.
for example different browsers could block
you from searching on Google com or make
it more difficult to overcome that they
created their own web browser and made
it fast reliable and user-friendly. their
browser now accounts for 60 to 70%
market share in 2017. a second example
Google realized that smartphones are
changing our lives so they acquired
Android inx for 50 million US dollars
early on in 2005. a third example AI and
smarthome is another rising trend
with the potential to change our lives
forever
so they created Google assistant and
smart home concept. they made Google
assistant available for everyone to
implement. it starts with phones and TVs
and will continue to roll out to your
car, fridge, oven, toaster, light bulbs
speakers whatever you can name that's
technologically related.
as such a powerful and ubiquitous company
Google's influence cannot be denied. through web
searches and the usage of its products
Google is able to track the global arms
trade, the spread of disease, censorship
and local crisis successfully. a study
performed shows that a political
candidates ranking and search results
could affect an undecided voters
opinions. with such great power
supposedly comes great responsibility
if information is power in the digital
age then Google has a fair claim to
being the most powerful company in the
world.
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