Tuesday, April 24, 2007

Google Expands Office Software

Google Inc. plans to launch software similar to Microsoft Corp.'s popular PowerPoint program as the two companies vie to dominate the online experience.

Google Chairman and Chief Executive Eric Schmidt described the software Tuesday at a conference for Internet entrepreneurs. He also blasted Microsoft and AT&T Inc., whose executives complained over the weekend that Google may soon have an illegal monopoly in online advertising.

Google announced Friday it would pay $3.1 billion to acquire ad-management technology company DoubleClick Inc. Almost as soon as Google announced the cash acquisition, Microsoft and AT&T executives said the deal could violate antitrust legislation -- and result in a dangerous concentration of Internet users' personal data at Mountain View-based Google.

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