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Friday, February 21, 2003

Google Goes Blog-Crazy
Arik Hesseldahl, 02.18.03, 4:12 PM ET

NEW YORK - Get ready for the third wave of blogging.

With its acquisition of Pyra Labs, Web-search juggernaut Google.com apparently sees dollar signs in the business of letting anyone easily publish their comments and thoughts on the Web.

In 2002, Google had estimated sales of around $300 million and profit of $100 million. It attracts more than 60 million unique users a month, according to Nielsen/NetRatings, and says more than one-half of its visitors come from outside the U.S.

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