THE DAILY DISH BY ANDREW SULLIVAN
In Google We Trust?
JAN 29, 2009 09:55P.M.
Felix Salmon wonders what would happen if Google ran aground:
Google is too big to fail. If Google went down tomorrow, the
loss of $100 billion in stock-market value would only be the
tip of the iceberg in terms of the total economic loss
associated with such an event. Between AdSense and
AdWords, Gmail and Blogger, Google Docs and Google News,
the company has built itself into an indispensable
counterparty which would take many years and hundreds of
billions of dollars to replace.
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