Monday, November 5, 2007

Android ends speculation of Gphone - Stock blasts off again

Google's stock (Nasdaq: GOOG) took off again today. to yet another all-time high in midday trading, after releasing details of the company's wireless software strategy. Software being the 'keyword'.

Dubbed 'Android', the project announcement all but ended speculation that Google was 'building their own phone'.

In other news, IAC/Interactive Corp, which just last year spun off it's travel related businesses including and numerous other 'big travel names', announced today that several of the remaining entities within IAC would soon be spun off as separately traded companies.

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