Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Walmart's New Health Food Push: Is It Too Hard to Swallow?Those who think Google Inc. (NASDAQ: GOOG) is happy being the world's most dominant search engine haven't been reading their tea leaves on the wall (or some mixed metaphor like that).
Google recently exited the FCC's 700 Mhz spectrum auction without winning anything but gaining much. The tech giant persuaded the FCC to open up the wireless networks and won big without having to spend almost $5 billion on licenses. I never thought Google wanted to build out a wireless network, and chooses instead to deliver ads and applications to other operators.
I was interested to read yesterday about Google's further lean on the FCC to open up soon-to-be-unused broadcast spectrum as the U.S. converts to digital TV. Google wants access to these "white spaces" to begin using them to manage a nationwide WiFi network -- free, unlicensed and able to reach much farther than WiFi can today.
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