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Google IPO overshadowed by MyDoom

Google IPO overshadowed by MyDoom

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: BBC News

Source: Money Central

Comments

  1. GHoosdum
    GHoosdum The strange thing is, it was really hard to find a news story about it while searching on Google.
  2. Linc
    Linc I had no problem at all... the story connecting Google and MyDoom specifically is listed on the base news page twice under the first part of the Sci/Tech heading, while news about the Google IPO and MyDoom (articles that don't link the two in the headline) are listed in 3 other places.

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