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DriverHeaven Extreme Member
Join Date: Apr 2004
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Big investments, salaries to crimp Google's finances?
Source: News.com
________ A sharp rise in spending on data centers and increased cash compensation could crimp Google's finances, the Web search company said in a quarterly financial report filed Wednesday. In changes to the management discussion section of its report with the U.S. Securities and Exchange Commission, Google stressed that 2006 spending will jump as it works on the data centers it needs to run its growing range of Web services, reiterating what its executives have said since earlier this year. |
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