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-   -   Google to Pay $90M in 'Click Fraud' Case (https://gfy.com/showthread.php?t=584694)

acctman 03-09-2006 03:43 AM

Google to Pay $90M in 'Click Fraud' Case
 
SAN FRANCISCO - Google Inc. has agreed to pay up to $90 million to settle a lawsuit alleging the online search engine leader overcharged thousands of advertisers who paid for bogus sales referrals generated through a ruse known as "click fraud."

http://news.yahoo.com/s/ap/20060309/..._click_fraud_6

that will help there stock :1orglaugh

Jakke PNG 03-09-2006 04:00 AM

news.yahoo.com is sort of funny imho. :)

2HousePlague 03-09-2006 04:04 AM

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2hp

u-Bob 03-09-2006 04:16 AM

ouch :)

baddog 03-09-2006 04:21 AM

only $90 million? Sounds like a deal

shuki 03-09-2006 06:16 AM

Quote:

Originally Posted by baddog
only $90 million? Sounds like a deal

Hopefully this will be the wakeup call that makes them inplement a protective system. We all know they could if they wanted too but they make more money if they don't. That is until now maybe....

Downtime 03-09-2006 06:17 AM

wow yeah that is definately going to hurt the stock

strobi 03-09-2006 07:10 AM

I'm shorting now!! Would love to see the stock tank...

Matt 26z 03-09-2006 07:14 AM

If traffic brokers can implement these systems, then Google can also.

teomaxxx 03-09-2006 07:16 AM

Quote:

Originally Posted by strobi
I'm shorting now!! Would love to see the stock tank...

i am shorting google with leverage between 4-5x of my investment. hope to make some major bank :winkwink:

HomerSimpson 03-09-2006 07:37 AM

Google closed my account and account of my friend with no particular reason (except that we both are from Serbia and Montenegro) so we lost over $6.000 because of that last year. We tried to mail them but got no reasnoble answer and after 2-3 mails they even didn't respond! And they have no phone support and will not answer my mails.... Why Google, Why?

So that's enough good reason for me not to trust them any more...

strobi 03-09-2006 07:39 AM

Quote:

Originally Posted by teomaxxx
i am shorting google with leverage between 4-5x of my investment. hope to make some major bank :winkwink:

Good luck, let's see what the market will tell us in 5 minutes. :thumbsup

teomaxxx 03-09-2006 12:54 PM

Quote:

Originally Posted by strobi
Good luck, let's see what the market will tell us in 5 minutes. :thumbsup

another nice downgrade today:
http://finance.yahoo.com/q/bc?s=GOOG&t=1d

Rice_Master 03-09-2006 01:06 PM

that's one hell of a payday.

acctman 03-09-2006 02:37 PM

the one thing there's supposely good at, they're screwing up at. it's only march and what to we have so far

1. Gov't pissed at google for not giving search info
2. Gov't looking into google's business deals with china
3. Google loses case regarding copyrighted online images
4. Google Click Fraud payout
5. Google stock continues to fall.

am i missing anything else? ... seems like a company that should focus a little bit better.


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