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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Google files for $2.7bn IPO

"Google Inc, the world's No 1 Web search provider, filed with U.S. regulators on Thursday to become a publicly listed company, saying it would sell as much as $2.7 billion in stock in a widely expected initial public offering," reports Reuters.

"To counter possible takeovers, Google said it has created a dual-class voting structure that would give its founders 'significant control' over its fate. The structure is common in the media industry, but rare among technology companies."

Comment: Well, gee, Google is a media company....

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