“So proud to see it hit the storied $1T market cap today!” Marissa Mayer, a former Google executive, said in a tweet Monday, prematurely celebrating the milestone. She said she remembered when Google had raised money at a $100 million valuation in 1999, the year she became employee No. Google reached its latest numerical milestone as it is facing some of its biggest tests. While Page and Brin once said Google was not a conventional corporation, it has become just that in recent years. Aiming to get a handle on its rising scale and size, Google has brought on professional managers like Ruth Porat, its chief financial officer, who joined from Wall Street in 2015.

Source: bd News24 January 17, 2020 00:00 UTC