Looks like there is a slump happening at Google. Ever since reports of proposed Yahoo take over by Microsoft have started coming in, Google revenues have started going down. According to reports, fewer people are clicking on Google ads, which is the main source of revenue for the search giant.
To some extent, effects of a dawdling US economy is also showing effects on revenues generation. In short duration, the market value of this internet revolutioniser has slumped by 33%. What next to expect from a US Economy slow down, which way this run away bus is going to head, is difficult to say. Even in case of Google, investors were quite certain that this giant would be able to tide over any recession fears. But proposed sell out of Yahoo is having spinning effects.
To some extent, effects of a dawdling US economy is also showing effects on revenues generation. In short duration, the market value of this internet revolutioniser has slumped by 33%. What next to expect from a US Economy slow down, which way this run away bus is going to head, is difficult to say. Even in case of Google, investors were quite certain that this giant would be able to tide over any recession fears. But proposed sell out of Yahoo is having spinning effects.
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