Can you say "publicity"? Evidently, that's all Jeffrey Toback, a member of the Nassau County (Long Island)
legislature knows. He's suing Google for the children, claiming that the company's
search engine promotes paid ads for child pornography companies [*cough* EVIL!
*cough*].
Naturally, Google says that it is not "the largest and most efficient facilitator and distributor of child pornography in th world." And that this is just a publicity stunt. What? No, not really?
Mike from Techdirt weighs in, explaining that "the law here is extremely clear: a service provider is not directly responsible for what people do on their platform" and calling the lawsuit "ridiculous" and "a misunderstanding both of the law and how Google works." Ridiculous it may be, but Jeffrey Toback's name is on everyone's lips today. Investors evidently agree with Mike; the stock is up $1.50 in intraday trading, to $396.25.
Naturally, Google says that it is not "the largest and most efficient facilitator and distributor of child pornography in th world." And that this is just a publicity stunt. What? No, not really?
Mike from Techdirt weighs in, explaining that "the law here is extremely clear: a service provider is not directly responsible for what people do on their platform" and calling the lawsuit "ridiculous" and "a misunderstanding both of the law and how Google works." Ridiculous it may be, but Jeffrey Toback's name is on everyone's lips today. Investors evidently agree with Mike; the stock is up $1.50 in intraday trading, to $396.25.
Why is gold making a new high, trading at $1,118.00 per ounce?
Chasing Value: Ten stocks for 2010 -- Part 1 
Closing Bell: A six-day rally (AIG, REGN, M, MOT, PALM, RIMM)
