Google Has Too Much Cash

Posted: Aug 25 2006, 7:32am CDT | by , Updated: Aug 10 2010, 11:47pm CDT, in News | Other Stuff

Google Has Too Much Cash
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Google has so much cash invested that the SEC rules would make it an investment fund and not a company.

Companies whose securities comprise more than 40% of their assets can fall under restrictions that of the mutual fund industry.
Google has currently about $10 billion in cash and securities.

I have a solution to the Google Cash problem: Why not pay every searcher on Google a CPQ (Cost Per Query) of $0.20c. Every user is going to be happy and there will be soon no having-to-much-cash issue for Google. Google already asked the Securities and Exchange Commission for an exemption. No word on the decision yet.
More details on Bloomberg.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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