Google’s great management decisions is now bearing fruit as it officially becomes the second most valuable technology company on earth. Google has edged out Microsoft, which used to hold the top position.
After trading closed last Monday, Google finally broke through and topped Microsoft’s total value. According to reports, Google showed a valuation of $249.1 billion. Microsoft, on the other hand, had a valuation of $247.2 billion. Google’s numbers were no fluke either. When trading resumed the following day as Google continued its lead over Microsoft, even though the gap between the two narrowed down a bit. [Read more…]