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What Will Google Do With $4B?

After the revelation that Google will issue more stock asnd raise about four-billion dollars for "general coporate purposes," speculation has been brewing about how Google might use the money. such guesses are pure speculation, as Google has been steadily acquiring technology and small companies for a long time. The company already has about $3B dollars in the bank, so while more-than-doubling that amount is significant, it isn't as if Google doesn't already have resources to pursue its dreams. Some observers think Google should set up business hosting. Others have a long wish-list of Google acquisitions. The most ambitious speculation I've seen this week is from Business 2.0, which imagines Google buying enough dark cable to provide everyone in america with WiFi.

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