Google is a US company that ventures in Internet search and advertising. It designs and promotes plenty of Internet-based services and products. They yield an earning generally from advertising through its AdWords program.
Google was founded by Larry Page and Sergey Brin while they were both studying in Stanford University as PhD students. It was first incorporated as a privately owned company on September 4, 1998. Its first IPO was on August 19, 2004.
The company's purpose was "to organize the world's information and make it universally accessible and useful", and their unofficial motto was "Don't be evil" which was said by Google engineer Paul Buchheit.
Google operates more than one million servers in data centers around the world. Its fast advancement has lead to an array of products and services. The company offer internet-based software like Gmail, Orkut and, Google Buzz. They also offer other desktop applications like Google Chrome, Picasa and, Google Talk.
In addition, Google leads the advancement of the Android mobile operating system. According to Alexa, Google.com site is the number one website. This holds true with other international Google sites and other Google-owned sites like YouTube, Orkut and Blogger.
Google was started in January 1996 as a research project by Larry Page and Sergey Brin when they were still PhD students at Stanford University in California. The duo started an idea of a system that monitored the relationships between websites. They called this system as PageRank (PR), wherein a website's value was determined by the number of relevant pages that linked back to the original site.
Page and Brin originally named their new search engine "BackRub" since the system checked backlinks to estimate the relevance and importance of the site. Later, they modified the name to Google, from the word "googol" which means a number one followed by one hundred zeros. This word represents the aim of the company to give huge amount of information for all its users. It was on September 15, 1997, Google's domain name went live.
The first funding for Google was a US$100,000 contribution from Andy Bechtolsheim in August 1998, the co-founder of Sun Microsystems. The company's first IPO occured on August 19, 2004. They offered 19,605,052 shares at $85 per share. The shares were offered in a unique online auction format. The sale of $1.67 billion gave Google a market capital of more than $23 billion. Despite that, most of the 271 million shares stayed under the control of Google and many of its workers.
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