Google Trying to Raise $4.2 billion…
…but they won’t say for what. Obviously, they are about to buy something BIG. Maybe acquire another company? Some speculate that the potential acquisition is in China (where Yahoo has an advantage). Specifically, it’s speculated that Google may be trying to buy Baidu.com, in which they already hold a 2.6 percent stake. Even before Thursday’s filing, rumors had circulated that Google was interested in buying or increasing its stake in the Beijing company. Yes, Google is taking over the WORLD! The question is, if this acquisition comes to pass, will Google go the way of MSN in bowing to the pressure of the Chinese censors? Microsoft just recently agreed to abide by these Chinese censors by banning the words "freedom" and "democracy" on its Chinese internet portal, MSN China. Will Google do the same? Or will they stand up for truth, justice, and the American Way?
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Truth and Justice are part of the American way?? Perhaps you should look at the actions of our President. He’s changing that quickly.
I hope Google goes to China; they sure won’t do anything for anyone locally if Google Local is an example. It’s not just about software. If Google rapes the local advertising market which they actually care nothing about (its all about national and number of hits in their revenue stream) you sure won’t be hosting your blog at the Times, because there won’t be one. On a more positive note, nice to see you blogging in the Times and I am working with them and hopefully soon the Poynter on getting them to save local advertising and keeping the revenues in our own hometown. We have centralized enough in the media and even the new media. Communists like centralization. This thing with Google and China is sounding better all the time. Check out my last stab at saving the local entrepreneur at the BayWalk free WiFi Blog http://stpete.smartown.net.