Google Investors Vote, The Irony Of It All
Google held its annual shareholders meeting on Thursday in which the majority voted in favor of a plan to split the stock that does not give the new shares any significant voting rights. The outcome, of course, was never in doubt, as noted by The New York Times, because Larry Page and Sergey Brin have voting control. Aside from wading through the irony, investors wanted to know about YouTube captioning for the deaf, viability of ads on mobile devices, and the acquisition of the low-margin hardware maker Motorola. Google Chairman Eric Schmidt said the company bought Motorola for its patents, products and people.