Google uses various tax avoidance strategies. On the list of the largest IT companies, it pays the lowest taxes to the countries of origin of its income. Google saved $3.1 billion in taxes between 2007 and 2010 by turning off non-Americans. Profits via Ireland and the Netherlands, then bermuda. Such techniques lower his non-Americans. Tax rate at 2.3%, while the corporate tax rate in the UK is usually 28%. [184] This would have triggered a French investigation into Google`s transfer pricing practices. [185] On January 21, 2019, the French data protection authority CNIL imposed a record fine of €50 million on Google for violating the European Union`s General Data Protection Regulation. The decision claimed that Google had not properly informed users of its data collection methods to personalize advertising. Google issued a statement saying it was ”deeply committed” to transparency and ”studying the decision” before determining its response. [327] Google stands for Global Organization of Oriented Group Language of Earth. There is a lot of confusion in this Google term in its full form.
Someone says it`s a word created by the founders of the Google company, or it`s just a random word. Many people do not trust this complete form. But most people think of this complete form. The strong opinion about this Word Google is that people think that this word is derived from the word ”Googol”, which means a large number. The word Googol is a number with 1 and 100 zeros to the right of this number 1. Google also develops different types of things like smartwatches, TV, Google Chrome operating system, and Android mobile operating systems. There`s a lot of confusion as to whether Google has a full form or if it`s just a word created by Google`s founder. Officially, Google doesn`t have a full form. It is generated from a word ”googol”, which means a huge number.
Google indexes billions of web pages so that users can search for the information they want using keywords and operators. [112] According to the November 2009 comScore market study, Google Search is the dominant search engine in the US market with a market share of 65.6%. [113] In May 2017, Google enabled a new ”Personal” tab in Google Search that allows users to search for content across the various services of their Google Accounts, including emails from Gmail and photos from Google Photos. [114] [115] Google LLC is a U.S. multinational company specializing in Internet-related services and products, including online advertising technologies, a search engine, cloud computing, software and hardware. It is considered one of the top five companies in the U.S. information technology industry, along with Amazon, Apple, Meta (Facebook) and Microsoft. [10] Google`s services include Easter eggs such as ”Bork bork bork” from the Swedish boss, Pig Latin, ”Hacker” or Leetspeak, Elmer Fudd, Pirate and Klingon as language selections for its search engine.
[204] When searching for the word ”anagram,” that is, a rearrangement of letters of a word to form other valid words, Google`s suggestion feature states ”Did you mean: swim a ram?” [205] On August 19, 2004, Google became a public company through an IPO. At the time, Larry Page, Sergey Brin and Eric Schmidt agreed to work together at Google for 20 years, until 2024. [56] The Company offered 19,605,052 shares at a price of $85 per share. [57] [58] The shares were sold in an online auction format using a system developed by Morgan Stanley and Credit Suisse, the underwriters of the transaction. [59] [60] The $1.67 billion sale gave Google a market capitalization of more than $23 billion. [61] On January 25, 2020, the formation of an international union of Google employees, Alpha Global, was announced. [228] The coalition consists of ”13 different unions representing workers in 10 countries, including the United States, the United Kingdom, and Switzerland.” [229] The group is affiliated with the UNI Global Union, which represents nearly 20 million international workers from various unions and federations. On October 8, 2018, a class action lawsuit was filed against Google and Alphabet for disclosing ”non-public” Google+ account data due to a bug that allowed app developers to access users` private information.
The dispute was settled in July 2020 for $7.5 million with a payment to claimants of at least $5 each with a maximum of $12 each. [324] [325] [326] Google used to comply with the People`s Republic of China`s Internet censorship guidelines,[301] which were enforced through filters colloquially referred to as ”The Great Firewall of China,” but no longer does so. .