Google Becoming a Media Company
There are news that Google is going to become a media company when it buys Yelp. Unlike Microsoft that hired journalists to compete with media companies, Google is going user-generated media when it buys Yelp. It is rumored that Yelp might be acquired for half a billion US dollars. Google has recently acquired AdMob, a popular mobile advertising platform, for US$750 million.
For more information, read the following articles:
In Trying to Buy Yelp, Google Is Becoming … Yep, a Media Company
Google In Discussions To Acquire Yelp For A Half Billion Dollars Or More
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