Friday, 5. September 2008
Topic: GOOGLE - on September 5, 2008 at 12:05:00 PM CEST
A decade on: Google's internet economy
It's the success story to beat all internet success stories.
Ten years ago, on 7 September 1998, two young graduate students at Stanford University incorporated a company with the (then) odd-sounding name "Google".
Today, Larry Page and Sergey Brin are billionaires. Their company is hugely profitable; between April and June this year alone, it reported a turnover of $5.7bn (£3.2bn) and generated a net profit of $1.25bn (the first quarter was even more profitable).
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