Article Doesn’t Stop Google IPO; Playboy Piece Added to Prospectus
In Google’s defense, Sergey Brin and Larry Page gave the interview four months ago, shortly before the company announced plans to go public. But the timing of the publication raises questions about whether the pair violated “quiet period” rules for companies planning an IPO.
But the row over the founders’ interview with Playboy magazine refused to go away. The company was forced to take the unprecedented step of amending its prospectus to include a copy of the article — believed to be the first time a Playboy item has become part of the Securities and Exchange Commission record.
Google also had to clear up several errors made by Sergey Brin and Larry Page in the piece.more…
Search engine startup gets funds
An Overland Park startup that is developing new technology to challenge search engine giants Google and Yahoo has lined up $3 million in financing from investors.
Kozoru Inc. is working to develop new search engine technology that would allow Internet searchers to ask a question in plain language and get an answer — rather than hundreds of Web sites — in return. Read more….
Yahoo Posts Security Patch
Yahoo has posted a security patch for a flaw in its instant-messaging software that could make a computer system vulnerable to crashes and attacks while a user surfs the Web.
The patch, which was posted on the company’s site Thursday, plugs a hole in Yahoo’s use of portable network graphics, a bitmapped graphics file format endorsed by the Internet-standards body World Wide Web Consortium.
Yahoo learned of the problem through a notice issued last week by the U.S. Computer Emergency Readiness Team. The flaw enables portable network graphics to execute malicious code when an image is loaded into the system.
Source:http://www.informationweek.com/story/showArticle.jhtml?articleID=29100205&tid=5979
Google IPO bids get under way Firm puts contents of Playboy interview in official filing
An SEO company named – Internet Advancement told to refund clients
The state attorney general said yesterday Redmond-based Internet Advancement must pay penalties for failing to get its customers top placement on major search engines.
Internet Advancement, which also goes by 4GreatBuys.com, must refund customers, pay $24,432 to the state for costs incurred and a civil penalty of $25,000.
The company had promised to get its customers ranked in the top 10 to 20 results on the search engines for $980 to $1,500 in set-up fees and monthly fees of $79.80 to $89.95.
Google Search engine IPO – Auction to Open on Friday, August 13
Google IPO – Auction to Open on Friday, August 13, 2004Pricing of IPO Expected to be Announced During the Week of August 16, 2004
August 12, 2004
Please be advised that Google and its underwriters expect to open the auction for the shares of Google’s Class A common stock at 9:00 a.m. (Eastern Daylight Time) on Friday, August 13, 2004. You must already have a bidder ID if you intend to submit a bid in the auction for Google’s Class A common stock.
Google and its underwriters expect to announce the initial public offering price for Google’s Class A common stock during the week of August 16, 2004.
To access a copy of the preliminary prospectus, please click here.
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