Tuesday, 26 July 2011

Google+ adds $45 billion to Net giant's market value

The launch and hyper growth of Google's ambitious Google+ social site has helped fuel a meteoric rise in the company's stock.

Thursday marks one month since the search king unveiled its Google+ to grab attention and advertising dollars away from Facebook. Google+ is the search company's foray into social networking that numbers more than 10 million members since launch.
In that time, Google stock is up nearly 30%, boosting the company's valuation by $45 billion to a market capitalization of roughly $200 billion.

"Google+ has had a lot to do with the perceptions," says Scott Kessler, equity analyst at Standard & Poor's Equity Research. "People look at Google as being … a pretty important player in social media."
Put into perspective, the valuation gain is more than half the estimated value of privately traded Facebook. The social-networking giant holds an $84.7 billion valuation on the private stock-trading network Sharespost.com. And Facebook launched more than seven years ago.

Google's one-month valuation jump is more than five times Twitter's estimated $8 billion value and more than double Groupon's $18.1 billion, according to Sharespost.com. Twitter hasn't filed to go public.
Google stock traded at $482.80 on June 27, the day before Google+ launched, and closed at $622.52 Tuesday. Google shares touched a 52-week high of $642.96 earlier in the year.

To be sure, Google's blockbuster second-quarter profit gains of 36%, reported July 14, didn't hurt in nudging up the stock. But Google opened the earnings call trumpeting whopping adoption numbers for Google+ and focused praise on the product's mojo companywide. CEO Larry Page used the call to tout Goggle+'s 10 million users, grabbed in just two weeks.

Still, it remains to be seen how well Google+ fares once the honeymoon is over. Google has already taken some lumps over its axing of business users. Google responded by saying it plans a launch for businesses later this year.

Google+ Ultimate for Google Plus

This is an extension for Google Plus (plus.google.com, G+, Google+) to add functionatility and themeing for the site. I have big plans for added features, but I'm taking them slow so I can get them all working properly before moving to the next.


-Adds stylized theme to Google Plus to add to the experience and make it easier to read.
-Adds notifications to the extension icon (beta)
-Enables floating top and left navigation along with an ultra compact navigation to help minimalize the navigation
-Enables an option side-by-side status viewing  and/or scrollable statuses(off by default) http://dl.dropbox.com/u/18919663/newsidebysideviews.jpg (For preview)
-Allows option to move Chatbox to the top navigation as a drop down button. (on by default, but can be turned off)
-Thin scrollbars option (on by default)
-Resize images and embeds to a smaller thumbnail (for those who prefer Facebook's style of image sharing)
-Many many more!

Click Here For extension

Beautify G+ Chrome Extension

This extension will add some features that are missing in Google Plus, starting with:

* Fixed position of the menubar
* Fixed position of the left column
* Fixed position of the right column
* +1 any Website you are on
* Option to hide suggestions and "Go Mobile"
* Option to enable favicon notifications
* Option to enable audio notifications

Click Here for Extension