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Lawsuits Weigh on Google Debut

malebolgia   on 13 June 2004 - 23:22 · 12 comments & 959 views

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Google's founders have created the best search engine on the web, along with profits to make anyone happy. Not everything is going as smoothly as its founders had hoped. With the upcoming launch of Google’s stock something stands in its way. That something is an assortment of pending lawsuits. With these lawsuits Google may have its first issue of bad luck.

Google's founders have plenty to be happy about these days, with growing profits and a solid ranking as most popular search engine on the planet. But as they prepare to launch what is expected to be the most sought-after initial stock offering of the year, an assortment of pending lawsuits threaten Google's good fortune.

In federal, state and foreign courts, judges are weighing several suits, including one pursued by arch-rival Yahoo, charging Google with patent and trademark infringements tied to sales of search-related advertising. If plaintiffs prevail, observers say, it will hamper Google's ability to pursue what has thus far been its biggest source of profits. "Their revenue model is becoming more and more based on advertising, and if there's a limit on how they can do the advertising, that would have an adverse impact on their business," said Frank Bernstein, a partner at the law firm Sughrue Mion.

News source: Wired


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Post a comment · Send to friend Comments · There are 12 additional comments
(1 reply) #1 S7R1K3R on 13 Jun 2004 - 23:27
why cant they leave google alone damn money hungry jealous people.
#1.1 darksoul on 14 Jun 2004 - 13:39
lol... what a stupid comment... yes google is perfect and could never do wrong, everyone else is just out to ge them.
#2 sentio on 13 Jun 2004 - 23:45
Business practices can get unscrupulous at times. Name one company that hasn't employed questionable acts?
#3 sumeet on 13 Jun 2004 - 23:53
woohoo im going to sue google because theyre being sued!
(1 reply) #4 Sn1p3t on 14 Jun 2004 - 02:09
QUOTE
In federal, state and foreign courts, judges are weighing several suits, including one pursued by arch-rival Yahoo, charging Google with patent and trademark infringements tied to sales of search-related advertising


Doesn't Yahoo use Google technology?
#4.1 Andareed on 14 Jun 2004 - 02:56
They used to - then they started using their own search engine again a few years ago.
(2 replies) #5 Night Prowler on 14 Jun 2004 - 04:46
Just wait for the class action suites to sue these search engines that are make gazillions off their robots invading private websites to harvest information to make them rich. I have noticed at times there are more then 10 bots from google on my site at the same time stealing by bandwidth.

I know I can opt out buit I should have to opt in.
#5.1 XanDaMan on 14 Jun 2004 - 15:14
I really disagree. What would be the point in the net if you dont agree. Is it?
#5.2 psykil on 14 Jun 2004 - 18:48
it's an index. you opt-out of indexes, not the other way around. otherwise it's just a list of people who wanted to be on a list.
#6 Lancing on 14 Jun 2004 - 11:33
Who cares..
#7 georgi55 on 14 Jun 2004 - 12:14
If you can't beat them, sue them.
#8 Grappa on 14 Jun 2004 - 12:53
This is just a roadblock to try to slow them down. Yahoo! knows it's behind.

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