FINANCIAL TIMES NAMES GOOGLE FOUNDERS ‘MEN OF THE YEAR’
by Special to DallasBlog.com
Fri, Dec 23, 2005, 05:01 PM
Larry Page and Sergey BrinThe Financial Times today named the two 32 year old founders of Google, Sergey Brin and Larry Page, its Man of the Year for 2005.
The two Stanford postgrad technologists founded the search engine business known as Google in the 1990s. Today, Google dominates the search engine world on the internet. According to the Financial Times, it is ahead of Yahoo in the U.S., and "more than three out of four searches carried out elsewhere are conducted on Google." As Sergey Brin notes, "The most esteemed researcher at Stanford 10 years ago didn’t have the kind of access to information that somebody who is close to an internet café in Bangladesh has today."
Google’s online advertising business threatens the profitability of the mainstream media as more and more advertisers shift a substantial portion of their ad budgets from newspapers and print publications to internet sites. Google’s ad revenues doubled this past year. Its current stock value nearly matches IBM’s. In the technology industry, it ranks third behind Microsoft and Intel.