The Journey of Google past 10 years
Google has celebrated his 10th anniversary yesterday, Here are some of the milestones with brief history:
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Sept. 7, 1998: Google was co-founded by Larry Page and Sergey Brin while they were students at Stanford University and the company was first incorporated as a privately held company on 7 September 1998. Google Inc. is an American public corporation, earning revenue from advertising related to its Internet search, e-mail, online mapping, office productivity, social networking, and video sharing services as well as selling advertising-free versions of the same technologies. Sept. 21, 1998 Google hires its first employee named Craig Silverstein.
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1999: In February 1999 Google Opens first office in Palo Alto after several months operating from a garage. June 7, 1999 Google Announces first round of venture capital – $25 million from Sequoia Capital and Kleiner Perkins Caufield & Byers.
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2000: Google becomes Yahoo’s default search provider. Yahoo and Google Inc. today announced they have entered into an agreement that makes Google, one of the fastest growing search engines on the Web, Yahoo!’® default search results provider. Under this agreement, Google will provide its underlying Web search engine to serve as a complement to Yahoo! popular Web directory and navigational guide. Introduce AdWords, an online advertising service that sets the stage for phenomenal financial success.
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2001: Dr. Eric E. Schmidt, 46, named chief executive officer. Schmidt, who was appointed chairman of Google’s board of directors in March 2001, succeeds Larry Page, 28, Google’s founding chief executive officer. Page was named President, Products; and Sergey Brin, 27, the company’s founding president, was named President, Technology.
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2002: In February of 2002, AdWords, Google’s self-service advertising system, received a major overhaul, including a cost-per-click (CPC) pricing model that makes search advertising as cost-effective for small businesses as for large ones. Google News launched in beta in September of 2002, offering access to 4,500 leading news sources from around the world.
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2003: Google acquires Pyra Labs and become the home for Blogger, a leading provider of services for those inclined to share their thoughts with the world through online journals (weblogs), then launch Google AdSense program, Google Toolbar and Google Deskbar.
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2004: Google Starts a new web-based mail service called Gmail, which at launch included a gigabyte of free storage for each user, highlighting its ambitions beyond search.announced. start market capitalization of $23 billion, transforming thousands of its employees into paper millionaires (or billionaires, in some cases). In just over three years, the initial share price of $85 soars to $741.79, before retreating.
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2005: Google Releases aerial mapping service, Google Earth, gives users a bird’s-eye view of their homes. & Google Blog Search, a tool to help people find lively content as soon as it’s live on blogs around the world. Release Personalized Homepage on which you can add news headlines from any sources offering feeds, as well as stock quotes, weather, movie showtimes, even driving directions.
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2006: A demand by the Justice Department for Google’s records for millions of search engine users becomes public, raising the concerns of privacy advocates. Google successfully wages a court battle to avoid handing over the information, also Expands offline by buying dMarc Broadcasting, a radio advertising company. The verb "Google" is added to the Oxford English Dictionary, a sign of how deeply intertwined the company has become with everyday life. Google announces plans to acquire YouTube for $1.65 billion.
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2007: Fortune magazine names Google the best company to work for in its annual list & Viacom files $1 billion suit against Google that accuses it of allowing video piracy to flourish on YouTube, Announces $3.1 billion deal to buy online advertising service DoubleClick.
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2008: Yahoo agrees to use some Google ads on its search engine, an acknowledgement that Google has won the search wars. The partnership, criticized by rival Microsoft Corp., which had attempted a takeover of Yahoo, is under review by federal regulators.
After all successes the journey is continue….
