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After the revelation that Google will issue more stock asnd raise about four-billion dollars for “general coporate
purposes,” speculation has been brewing about how Google might use the money. such guesses are pure speculation,
as Google has been steadily acquiring technology and small companies for a long time. The company already
has about $3B dollars in the bank, so while more-than-doubling that
amount is significant, it isn’t as if Google doesn’t already have resources to pursue its dreams. Some observers
think Google should set up
business hosting. Others have a long wish-list of
Google acquisitions. The most ambitious speculation I’ve seen this week is from Business 2.0, which
imagines Google buying enough dark
cable to provide everyone in america with WiFi.
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