Google closes above $300
...$304.10, to be exact.
And to think a couple of days ago we suggested Google is competing with eBay. Not in market value, at least. Great little factoid from the NYT story that just ran a bit ago, about how Google is almost as big as eBay and Yahoo combined:
At Monday's close, the market value of Google's stock was $84.47 billion, nearing the cumulative total value of eBay, worth $45.37 billion, and Yahoo, worth $49.83 billion.
Comparisons are also being made between Google and Time Warner, another company deriving the bulk of its revenue from advertising. Time Warner had a market capitalization of $79.19 billion at the close of the market on Monday, below Google's though it posted first-quarter revenue eight times that of Google, and profits about three times as large.
This is getting outta hand.
Also, interesting Slashdot post about the vagueries of Google's compensation to people who upload video to its new service, via Battelle.