Friday, August 31, 2007
The Wall Street Journal lined sources recognizable with the dealings who stated Google has invested several hundred million dollars in the plan and that a phone would be launched in early 2008. The idea of a cheap, touch-screen, internet-adaptable GPhone encouraged by a company, which advocates "open" frequencies seems to be in direct competition with Apple's iPhone.
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"This is a chief deal for Google as CNN.com has a lot of traffic and super content. The agreement provides a chance for our advertisers to target CNN.com and get high quality traffic for their ads," stated Google spokesman Brandon McCormick. However, CNN in fact yet uses Yahoo's search engine and pay-per-click ads on the International edition of CNN.com.
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