Sunday, December 16, 2007

Old media seek to know Google, not just fear it - The Boston Globe

Timely reality check; see the full article 

"The biggest enemy of everyone in this room is Google," suggested Koos Bekker, managing director of Naspers Ltd., a multimedia conglomerate in South Africa. No one disagreed.

Google's galaxy has expanded since Eisenmann wrote his case study. The study, which foreshadowed Google's push into fields like business software and e- commerce, lists the Mountain View, Calif., company as having $2 billion in operating income on $6.1 billion in revenue in 2005. It's now on track to post 2007 operating income of nearly $5 billion on revenue of nearly $16 billion. It has more than 6,000 employees, from the Googleplex in Silicon Valley to Kendall Square in Cambridge to high-tech outposts around the planet.

And it's continuing to grow, determined to dominate the Internet-hosting screens of the future, especially cellphones and televisions, as well as desktop and notebook computers.

Old media seek to know Google, not just fear it - The Boston Globe

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