Here’s a look at the milestones in Google’s 23-year history
- Over its 23-year history, the search giant has impacted various aspects of digital connectivity including smartphones, the web, video consumption, and more.
- Here’s a look at some of Google’s key milestones over the past 23 years.
Few companies can claim to have shaped the Internet the way Google can. From search engines and advertising, to emails and smartphones, Google has been instrumental in changing the way we connect to the world and consume information. Today, Google is 23 years old.
Technically, Google turned 23 on September 4, 2021, but the company moved its birthday celebrations from September 4 to September 27, 2005, to celebrate reaching a new record for indexed pages.
Google started as a Stanford Private Network Research Project in 1996 and received $ 1,000,000 as its first angel investment in 1998, and to date its market capitalization is less than $ 2,000 billion.
Here’s a look at Google’s fascinating journey from a university project to one of the most successful companies of the 21st century.
1996: Google launched on Stanford University’s private network under the name BackRub
It would be the foundation of the most powerful and dominant search engine in the world.
1997: Google.com domain registered
The Google.com domain was registered one year before the incorporation of the company.
1998: Google incorporated with angel funding of $ 1,000,000
Google incorporated with an angel investment of $ 1,000,000 from Sun Microsystems co-founder Andy Bechtolsheim. Sergey Brin and Larry Page move to the garage of Sujan Wojcicki who will become the CEO of YouTube.
1998: the first Google doodle
Google Doodles have become synonymous with celebrating and recognizing important events around the world. However, it started with the Burning Man Festival on August 30, 1998. Today, the search giant is celebrating its own birthday with a doodle on its homepage.
2001: Eric Schmidt joins Google
Larry Page and Sergey Brin call on Eric Schmidt to advise a growing company. Brin later commented that they needed “adult supervision.”
Prior to joining Google, Schmidt was CTO of Sun Microsystems and CEO of Novell. He became CEO of Google in August and oversaw the launch of the IPOs of Google, Gmail, and Android, among others.
He held the post for 10 years before moving on to the post of Executive Chairman.
2002: Google Declines Yahoo’s $ 3 Billion Acquisition Offer
One of the biggest decisions for Page and Brin was to decline Yahoo’s $ 3 billion takeover bid. The zinger is the fact that they declined the offer because they thought Google was worth $ 5 billion. Barely $ 2 billion more and Yahoo reportedly had a business worth $ 2 trillion in its portfolio today.
Then again, who knows if Google would ever have achieved the growth it did if it had been bought by Yahoo.
2002: launch of Google News
After declining Yahoo’s offer earlier this year, Google launched a news aggregation service called Google News. This would later change the way digital news was distributed on the Internet.
2004: Google launches Gmail on April Fool’s Day
Google took advantage of the April Fool’s Day 2004 to launch one of its most important services – Gmail. Offering free messaging with 1GB of storage, this was launched as a limited beta, and the exclusivity led to its adoption initially.
2004: Google goes public with a valuation of $ 27 billion
Google went public in 2004, launching its billion dollar IPO. It recovered $ 1.7 billion from the listing, giving it a valuation of $ 27 billion at $ 85 per share.
Google shares are currently trading at $ 2,844. This doesn’t account for any free stock, stock split, and rights issue that Google may have announced since the IPO, but it should give a decent idea of the wealth build-up that has occurred. over the past 17 years.
2005: Google acquires Android
Google acquired Andy Rubin’s Android operating system. Initially designed to compete with Microsoft’s BlackBerry and Windows Mobile smartphones, Google has subsequently completely redesigned it to compete
2005: launch of Google Maps
Launch of Google Maps, offering step-by-step directions and listings of businesses such as hotels.
2006: Google buys YouTube for $ 1.65 billion
Google acquired YouTube for just $ 1.65 billion, barely a year after launching the video service. Today, it is one of the company’s most valuable properties, serving over 2 billion users worldwide. It is the second most visited website in the world, only after Google.
2007: Google acquires DoubleClick and strengthens its position in the advertising industry
Google boosted its advertising business with the acquisition of DoubleClick for $ 3.1 billion, the second most expensive acquisition for the company.
2008: Google launches the Chrome browser
Google called on the developers of Mozilla Firefox to launch the Google Chrome browser. It overtook Firefox and Internet Explorer in the space of 4 years and now serves almost two-thirds of the world’s web browser users.
2008: Google launches Android with the HTC Dream
Google has finally launched the first Android smartphone in partnership with HTC. The HTC Dream was to be the start of Google’s dominance in the smartphone industry, and a precursor to the demise of Nokia, the leader in this space.
2010: Google launches its first smartphone, the Nexus One
Two years later, the Android maker launched its first smartphone, the Nexus One, in partnership with HTC. It ran on a skinless version of Android and received updates directly from Google.
2011: Google launches its own social network, Google+
Google has launched its own social network, Google+, in an attempt to counter Facebook and Twitter. It will stop in 2019.
2011: Google announces the acquisition of Motorola Mobility
Google acquired Motorola Mobility for $ 12.5 billion and launched the Moto X and the hugely popular Moto G in 2013. Neither would be enough to prevent Google from handing over Motorola’s smartphone business to the giant. Chinese technology company, Lenovo, in 2014.
2012: Google Glass unveiled
Google Glass was unveiled as an experimental project by the Google X and ATAP divisions, with a skydiving demonstration by Sergey Brin. While this didn’t result in a successful new product line, it did show the capabilities of Google X.
2013: stop of Google Reader
Google Reader, a very popular RSS reader, has stopped.
2014: Google seizes on AI with the acquisition of DeepMind
Google acquired DeepMind, a UK-based AI company, slightly beating Facebook in the fist. It is one of the main contributors to Google’s expertise in text-to-speech and improving data center efficiency.
2015: Google reorganizes under Alphabet Inc.
Google restructured under the Alphabet Inc. banner Since then companies like Waymo, Verily and even YouTube have come under the Alphabet umbrella.
2016: Launch of the Google Assistant
Google Assistant, a voice-activated digital assistant, was launched to compete with Apple’s Siri assistants and Amazon’s Alexa.
2016: Google reorganizes its hardware segment with the launch of the Pixel brand
Google launched the Pixel brand to launch a line of smartphones and audio accessories, having previously shelved the Nexus brand.
2018: Google fined record $ 5 billion by EU
The Android maker has been fined a record $ 5 billion by the European Union for monopoly and antitrust practices.
2020: Google’s quantum computer reaches a milestone in chemistry
Google researchers claim to have achieved “quantum superiority” after their quantum computer successfully simulates a simple chemical reaction. This would allow scientists to improve their understanding of molecular reactions and lead to discoveries.
2021: Google launches Tensor, its first chipset for smartphones
Google and most other Android smartphone makers rely on Qualcomm to power their devices, but that means they can’t integrate hardware and software as much as Apple can with its iPhones and A-series chipsets.
To this end, Google has launched the Tensor chipset which is developed in-house and powers Pixel 6 smartphones.
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