Meanwhile, Facebook completes $1.5B billion fund-raising round, with an implied valuation of $76B
“Google is a product company, so there’s a number of elements obviously involved in running the day-to-day operations of Google, but at its heart, we are a product and technology company,” Mr. Page said.
The two said they wanted to focus on introducing real-time information and social networking features into their Web search products. Google has been criticized for being slow to embrace the social Web. Mr. Brin said that what Google had done so far, like incorporating Twitter posts into search results, “is really just the tip of the iceberg.”