Google Inc. shares rose in premarket trading after the company’s third-quarter results signaled that the Internet advertising market is experiencing a turnaround and that the search leader is set to be the prime beneficiary.

At least one analyst said the company’s shares could hit $700 apiece, a level not reached since December 2007.

The Mountain View, Calif., company’s results were “stellar,” said Jefferies & Co. analyst Youssef Squali, lifting his price target on the stock to $600 from $470, and raising his earnings estimates for the company.

Canaccord Adams, meanwhile, raised its target by $140 to $700, saying YouTube results are improving and advertisers’ budgets are likely to ramp up for the holiday season.

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Rosemary Port, a blogger who called model Liskula Cohen a “skank” and a “ho” on her ‘Skanks in NYC’ website has threatened to sue Google.

Port is angry that Google revealed her identity – the site was run anonymously – and wants to file a $15m (around £9.1m) lawsuit against the company.

However, Google only revealed Port’s identity after receiving a court order when Cohen took legal action after being made aware of the slurs.

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Woow, who said competition is not interesting, i am waiting this anxiously to see how this will turn?
Will Google come into the market with a bang, or just to be knocked out by microsoft..

Google is developing an operating system (OS) for personal computers, in a direct challenge to market leader Microsoft and its Windows system.

The new OS will be for personal computers, Google are basically saying” Microsoft i’m ready for war”, I Bet the Microsoft are all calling for “Bill”, will this make bill come back to work?? you never know, competition is exciting!!!

Google said netbooks with Chrome OS could be on sale by the middle of 2010.

“Speed, simplicity and security are the key aspects of Google Chrome OS,” it was stated in its official blog.

The operating system, which will run on an open source licence, was a “natural extension” of its Chrome browser, the firm said.

This is obviously after just months before Microsoft launches the latest version of its operating system, called Windows 7.

“We’re designing the OS to be fast and lightweight, to start up and get you on to the web in a few seconds,” said the blog post written by Sundar Pichai, vice-president of product management, and Google’s engineering director Linus Upson.

I CAN’T WAIT!! THIS IS GOING TO BE FUN

My friend recently just introduced me to his teachings, just started reading and listening to some of his audios, while browsing the net, i stumbled upon this video that i felt could help some in some ways
[youtube=http://www.youtube.com/watch?v=tke6X2eME3c]

I really do not have any complaints about this, the only two companies that i would have thought could have rivalled them would be microsoft and google and to be honest with you, i don’t think any of them deserve to be the most innovative company.

Talk about Macdonalds jumping up to 19th from 30.

Anyways check out the list

Google co-founders, Sergey Brin and Larry Page at Zeitgeist ’07.
The Geniuses behind google, enjoy the video

[youtube=http://www.youtube.com/watch?v=7e3AR2k0foM&feature=channel]