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Google Prepares to Shut Down Its Search Engine

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energyandcapital.com

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newsletter@energyandcapital.com

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Sat, Jan 13, 2024 08:20 PM

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Search has been Google's bread and butter for nearly 30 years... Search has been Google's bread and

Search has been Google's bread and butter for nearly 30 years... Search has been Google's bread and butter for nearly 30 years...                                                                                                      [Energy and Capital Header] Practical Investment Analysis for the New Energy Economy Google Prepares to Shut Down Its Search Engine by Alex Koyfman | January 13, 2024 Google has the best business model ever created. The company earned $282 billion in revenue in 2022, with $162 billion coming from search. The platform practically prints money, converting free internet searches into cold, hard cash. Search has been Google's bread and butter for nearly 30 years. The company has invested a fortune into promoting it. It’s also invested a fortune into protecting search from competition. In fact, the No. 1 search engine paid more than $45 billion in 2022 — more than one-fifth of its ad revenue — to lock in its position on several desktop and mobile devices. It effectively paid Apple $20 billion last year alone to prevent the company from getting into the game. (That’s what the Justice Department’s antitrust lawsuit against Google is all about.) After going to such great lengths to establish Google as the dominant player in this industry, experts were shocked to discover that CEO Sundar Pichai about to voluntarily kill off search. But what’s even more shocking is the next move Pichai plans to make. It’s a radical new technology that leadership says is 1,000 times more powerful than search. Pichai himself says this tech will have the same kind of impact on society as electricity or fire. Google employees have been testing it internally for two years, and now the company is ready to unleash it on the world. One of the biggest shifts in technological history is about to begin. Investors can’t afford to ignore this. You’ll also hear about one tiny American firm set to skyrocket up to 2,050% as this scenario unfolds. Virtually no one has heard of this company — which you can invest in today for less than $10 per share — but that could change at any moment. [I encourage you to get the full story now.]( Good investing, [Alex Koyfman Signature] Alex Koyfman Investment Director, The Crow’s Nest [Fb]( [Li]( [Tw]( This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Energy and Capital, Copyright © 3 East Read Street, Baltimore, MD 21202. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info [here]( including our privacy policy and information on how to manage your subscription. If you are interested in our other publications, please call our customer service team at [1-877-303-4529](tel:/18773034529).

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