Google sued over claims of excess advertising fees
::Sigh::
Doesn't it seem like there's more bad news for Google these days than good news?
While the stock price for GOOG is iron plated and insulated with billions of dollars how long before there's a crack in the iron plating? These lawsuits could undermine the basic Google philosophy "We aren't like those other guys on Wall St. - we're out to cure cancer and bring about peace in the Middle East one search at a time."
I don't think Google can settle these lawsuits out of court, they need to protect their face and, because of their ideology, cant afford to with out undermining their beyond good guy image. Its all or nothing. It doesn't help that now ontop of click fraud conspiracy allegations, downplaying SEC documents of the threat and significance of click fraud by their own CFO that now its alleged that Google is ignoring advertisers set budgets and over charging them.
Of course these have all been rubber stamped with the comment:
They have no choice but to defend them vigorously with a stock price of over $290 is at stake.
Full story: Google sued over claims of excess advertising fees
Doesn't it seem like there's more bad news for Google these days than good news?
While the stock price for GOOG is iron plated and insulated with billions of dollars how long before there's a crack in the iron plating? These lawsuits could undermine the basic Google philosophy "We aren't like those other guys on Wall St. - we're out to cure cancer and bring about peace in the Middle East one search at a time."
I don't think Google can settle these lawsuits out of court, they need to protect their face and, because of their ideology, cant afford to with out undermining their beyond good guy image. Its all or nothing. It doesn't help that now ontop of click fraud conspiracy allegations, downplaying SEC documents of the threat and significance of click fraud by their own CFO that now its alleged that Google is ignoring advertisers set budgets and over charging them.
Of course these have all been rubber stamped with the comment:
"The claims are without merit and we will defend against it vigorously"
They have no choice but to defend them vigorously with a stock price of over $290 is at stake.
Full story: Google sued over claims of excess advertising fees
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