Is Google the enemy of the internet?


In this rather interesting article over at The Fool, the recent question of Google's impact on the internet is raked through the sifting sands of detailed discussion -- with some interesting observations. To those who are GOOG investors, you should be keeping a close eye on not only Google's activities, but the world's response to those activities, including the criminal world, so to speak.

While Google insiders dropping shares all over the place, does this signal anything? No, in my opinion -- it's normal diversification of holdings at scheduled intervals. Of course, that's the boilerplate answer given many times when insiders sell shares in large amounts. It's also good not to have all your eggs in one basket, or even two baskets, according to investment professionals.

Is Google really killing the internet? Sure, it seems everyone hates a big winner (what else is new), but the entire fraudulent industries cropping up and around Google's highly-successful AdSense and AdWords programs -- where it derives almost all its revenue -- are going to need a huge amount of attention from Google before the problems are so far out of hand that Google will not be able to catch up. Even Google can't man-handle legions of hucksters wanting to make a quick buck.
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Last updated: May 16, 2012: 10:11 AM

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