Lincoln
27 Jul 2004, 3:35pm
Just as Google was announcing its Initial Public Offering would go for as much as $135 each, it was hit by a new variant of the MyDoom virus.
Reportedly, the virus spread rapidly to several other seach engines as well, causing the sites to be unavailable to users for a short period of time. It used a sneaky new technique to spread itself, scanning search engines for additional e-mail addresses.
By current estimates, at time of IPO, Google will be worth around $36 Billion, the 13th most valuable stock on U.S. Markets.
Submitted by: Camman and GHoosdum
Additional source: <a href="http://news.bbc.co.uk/1/hi/technology/3930017.stm">BBC News</a>
Source: Money Central (http://moneycentral.msn.com/content/CNBCTV/Articles/Dispatches/P90314.asp)
Reportedly, the virus spread rapidly to several other seach engines as well, causing the sites to be unavailable to users for a short period of time. It used a sneaky new technique to spread itself, scanning search engines for additional e-mail addresses.
By current estimates, at time of IPO, Google will be worth around $36 Billion, the 13th most valuable stock on U.S. Markets.
Submitted by: Camman and GHoosdum
Additional source: <a href="http://news.bbc.co.uk/1/hi/technology/3930017.stm">BBC News</a>
Source: Money Central (http://moneycentral.msn.com/content/CNBCTV/Articles/Dispatches/P90314.asp)