Sallie Hofmeister, writing in the
Los Angeles Times, says that Google, more than any other company, frightens traditional media. The high-tech star is smart, crafty, and ambitious--and seems
positioned to insinuate itself into television, book publishing, music, movies, even the personal computing business. According to Hofmeister, Google could announce as early as this week an
inexpensive Google PC, complete with its own proprietary operating system that would be specially tuned to the increasingly Google-ized world of online content. The box would sell at Wal-Mart and
other large retailers. All in all, Google's horde of cash, combined with its considerable know-how and drive to conquer, have old media companies looking over their shoulders, and on the run.
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