Google Cash Headaches

 When a company or an individual have cash worries, its usually how to find it that is the problem and not what to do with it. Apparently Google had so much cash that it does not know what to spend it on. Speaking at Morgan Stanley Technology Conference, Google CEO, Eric Schmidt did rule out buying another YouTube thought, he gave this response when asked by what Google is likely to spend the mound of cash it has on its bank accounts“One of the problems in high-tech industries is that successful companies tend to generate cash pretty liberally (but) they don’t have good places to put it.”

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Written by temi · Filed Under Technology 
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