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    GOOGLE IPO
    August 19, 2004 - USA

    The Google IPO ( initial public offering ) raises US$1.67 billion. Google was founded by Larry Page and Sergey Brin just 6 years earlier in 1998 while they were students at Stanford University and because of the use of new ranking algorithms and it's clean uncluttered home page it quickly became the most used search engine in the world. The IPO in 2004 offered 19,605,052 shares at a price of US$85 per share ( current share price $ 482.13 August 2008 ) but they have traded up as high as $700 in 2007.

    DAGUERREOTYPE
    August 19, 1839 - France

    Louis Daguerre announced the invention of the daguerreotype photographic process, the first process to allow an image to be chemically fixed as a permanent picture. On 7 Jan 1839 an announcement was made of the discovery, but details were not divulged until 19 Aug, when the process was announced publicly, and the French government having bought the rights to the process from him, freely gave them to the world. However, this process had also been patented in England and Wales on 14 Aug 1839, only five days previously.

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The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!!

ARTICLE CONTENT :

The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!! Pooof! Yahoo now finally must take significant steps to improve on it?s content to stay in the league. Also it can use some help to look good on Google as probably it is where now Yahoo would be searched more!

We were always wishing that somehow, through some sort of miracle, Yahoo could pull it through. Yahoo has done great until recently. It has been pretty good with information and has always got something good for the people using it for search purposes. But since last year when they started making drastic changes in their algorithms, it has seriously gone down from the favorites list of many. But with the two- i.e. Yahoo and MSN combining, they seriously need to look into the MSN/Bing algorithm. They might be able to earn bucks from their display media, but they cannot count for long on searchers if they do not do anything about the algorithm problem. They would only lose significant searchers to the already more popular Google.

There is a strong possibility that with the merger there might finally be someone who could challenge the monopoly of Google. But there are also views on the contrary. With Google grabbing the market share, Yahoo was pushed away to the number two and MSN was lingering somewhere on a number three. The merger now limits the number of major search engines to two. This might be good for some and not so good for others. For a consumer it might not be such a great news as now they are restricted to only two search engines. Where earlier one had a possibility to find relevant search results at three places, now they would have only two. Nonetheless a great news for capitalists! On the brighter side, the number three slot is now vacant for a potential competitor. Seeing that one fill could be a stimulating experience.

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    How all this happens and what it repercussions are, is yet to be seen. For now we can only pray for an ailing Yahoo to get well soon!!! For more information about us, visit our site.

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