The Google founders are expecting to earn $8 billion on paper with the upcoming initial public offering. By keeping 30 percent of the shares in the company, founders Larry Page and Sergey Brin could be worth an estimated $4 billion or more each based on estimates of the value of the IPO.
In a report from the National Research Council, the U.S. Patent and Trademark Office is due for a major restructuring, or at the very least some intervention from Congress or outside agencies to avoid compromising the integrity of the patent-issuing process.
Alyon Technologies Inc. threatened to seek compensation from the Federal Trade Commission if it doesn’t come to “satisfactory” terms in a case against the online adult billing processor. Alyon claims an FTC press release was “designed to undermine Alyon’s ability to remain in business.”
Within days Google is expected to go public. The pending announcement is connected to the fact that the Mountain View, Calif.-based company will soon be required to disclose publicly more information about its business, under a Securities and Exchange Commission rule.
The online adult industry could capitalize on a new technology that would put wireless Internet access onto trains and automobiles. “The only problem is if the government gets involved because you would have porn surfers in public places,” one network consultant says.
