Google searches for Facebook solution
What’s happened to the company that once vowed to “do no evil”? One word: Facebook.
Sure, Facebook’s $3.7 billion annual revenue pales compared to the whopping $8 billion Google brings in each quarter — right now. But Facebook’s potential post-IPO trajectory puts it on a collision course for eyeballs and online advertising dollars and that’s driving Google to make moves that anger lawmakers, provide fodder for an antitrust probe and prompt a lawsuit from a public interest group, analysts say. “This is Google taking their lumps in the press in order to free themselves up to compete with Facebook on their social strategy,” said Ashkan Soltani, an independent privacy and security consultant and former technologist at the Federal Trade Commission’s division of privacy and identity protection.
Google searches for Facebook solution