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To: paret who wrote (1584)10/2/2005 5:06:35 PM
From: ~digs  Respond to of 7944
 
Google Morphs Into Multifaceted Juggernaut
apnews.myway.com

While gearing up for its looming showdown with Microsoft, Google also has:

- Launched an effort to create digital versions of entire brick-and-mortar libraries, triggering copyright infringement allegations from the publishing industry, which fears Google won't be able to protect the contents.

- Unveiled a system for talking over the Internet, spurring speculation about a potential Google-branded telephone;

- Dabbled in wireless Internet access at a handful of connection points near its Silicon Valley home and now wants to extend the service throughout San Francisco, inspiring predictions about a nationwide network that will enable people to get on the Web for free;

- Confirmed the development of an online payment system that hints at company designs on electronic commerce;

- Started to stockpile video and transcripts of previously broadcast material, fueling theories that Google wants to play a bigger role in television;

- And raised $5.3 billion in two separate stock offerings, providing ample financial ammunition for a major acquisition or investment in other projects that might open even more doors.