What is Google

Google is a popular search engine all over the world.

Google Headquartered in Mountain View, California, the company was founded by two Stanford University Professor Larry Page and Sergey Brin on November 4, 1998. The founders were committed to developing online search systems that would be “scalable, flexible, and extensible… and which would give users control over their data.” It later emerged as a separate, internally-owned entity called Alphabet Inc.

History of Google

In February 2000 they joined forces with Eric Schmidt, one of Schmidt’s classmates at Stanford University, under an agreement allowing them 50% ownership in exchange for $175 million from each other and Google being able to decide whether or not it wanted to participate. This created a new corporate structure, a parent corporation based on antitrust regulation, whose goal “is to make sure the internet operates in ways that will benefit broad groups of people and businesses.”

Over the next years much attention focused on improving the user experience through many features, such as the introduction of personalized results pages with news articles, which increased search time by up to 20%. Later in 1999, Page and Brin decided they needed to expand. So they contracted with AOL to build an Internet search engine using their combined expertise and resources to develop a commercial web interface for the Internet network. They released a beta version of the search tool before Christmas 2004. By January 2005, Google search started appearing in more than 80 countries. Within five days, Google became widely available in all fifty United States and European nations. As of July 2006, more than 900 thousand searches were performed every month, with the majority occurring in North America, Europe and Japan. In early 2007, Yahoo!, Microsoft, Amazon.com as well as Yandex and Yandex.ru (both Russian mobile and PC search engines) followed suit. For example, in late 2008, the largest private property developer in Russia, Vnuk, offered to provide the technology behind its 1.6 billion ruble ($2 billion) share capital. Following this announcement, several large Russian corporations including Gazprom, Transneft and Rosneft expressed interest in investing in Vnuk. However, no specific investment has been made by these companies. Vnuk shares have lost most of their value and are currently valued at approximately 10% less than Yahoo! Stock by market cap.

The launch of YouTube on September 19, 2005 changed everything when it became the leading source for video content on the web. From there, Google and Yahoo! launched a partnership to distribute video content on all YouTube users worldwide. Through this alliance, Google made significant investments in the development of artificial intelligence and computer vision. In 2007, Google acquired Youtube for $1.65 billion. Youtube transitioned into full digital autonomy on June 18, 2009.[5]

The acquisition did not increase competition among existing players and it also led to increasing pressure on video-sharing services like YouTube.[4][5][6]

As of January 2010, Google was the top company in terms of revenue on Fortune 500 list.[7] On April 21, 2010, Google surpassed 200 billion dollars in turnover. Its market position further grew rapidly since its IPO of its initial public offering in 1997, which valued it at $10 billion.

In February 2011, Google announced that it had entered into a binding partnership with Comcast for cable television service provisioning. Under this agreement, Comcast agreed to make a commitment to offer Google free high speed Internet access to any customers who subscribe to Comcast’s Xfinity xfinity TV Internet. At the same event, Google unveiled a set of recommendations that it said should all U.S. households use the free Google Fiber Internet access provided via a wireless router.

In 2012, the US Federal Drug Administration approved Pfizer/BioNTech’s COVID-19 vaccine developed with BioNTech. On December 11, 2013, President Barack Obama authorized emergency use authorizations for Pfizer-BioNTech’s COVID-19 Vaccine to contain SARS-CoV-2 in order to help combat the worsening pandemic of COVID-19.

On March 13, 2014, Google announced that it would cease selling ads on videos uploaded by others on Google Video. Google now only allows users to upload original clips of themselves or content generated by others on YouTube or through its APIs, and users can remove content uploaded without their permission.

Throughout 2015 and 2016, Google introduced the News Showcase function on YouTube, featuring live video footage of events including sports competitions, school shows and presidential debates. Users could then select which show them were interested in. Once those selections appeared, users selected how often they selected that show and they began watching the latest broadcast of the event or program.

In May 2017, Google introduced Project Verona, a cloud computing project focusing on bringing together developers, tech companies and governments on a platform dedicated to open and secure collaboration.

On April 14, 2018 Google announced that it would no longer allow advertisers on YouTube if they would also run paid advertising. To be clear, advertisers will still make money from their YouTube account, but with Google no longer providing an ad campaign option for them, therefore, no one will get a conversion rate from one ad to another. Over the following few months, a number of major channels such as ESPN, CBS, CNN and NPR stopped running sponsored advertisements, meaning that advertisers will have fewer options to earn revenue when viewing paid advertisement on their platforms.

In November 2018, Google suspended plans to join the planned European Union’s Digital Services Act, according to Google CEO Sundar Pichai. Google stated that despite recent negotiations with EU authorities, the future legislative proposal “fails to address our concerns about Google’s proposed ‘breakout’ model” of building out the core infrastructure required for a successful digital economy. Given ongoing protests against censorship, Google stated that it “does not want to jeopardize any healthy debate on issues of freedom of expression” but noted that it is willing to work towards an amicable solution. As part of its efforts, the company announced changes to its Search algorithm, specifically narrowing down to showing “content about health, nutrition, environment and science”.

On October 17, 2019, Google closed the purchase of DeepMind, the leader in AI software, after purchasing the French firm for €400 million.

Leave a Comment

Your email address will not be published.