That’s Profits!
November 25th, 2008 by 
Administrator
wow, an automated website earning $100 million….
Google’s vice president of search revealed this summer that Google News, a product that was put together in a weekend and that is run by automated search algorithms, generates $100 million in revenue for its business. That’s no small sum, especially when one considers the negligible investment and extremely high margins. What it demonstrates is that quality content does have great value. Only in this case, as has been pointed out, the $100 million is a bonanza enjoyed by Google, not the creators.
del.icio.us Digg it reddit StumbleUpon
Posted in On Technology | 