Google Named 3rd Most Valuable Tech Company

Google's moving up in the world, and it just passed IBM. The search engine giant now holds the title of "world's third most valuable technology company," and is only about $2.5 billion behind Cisco. Microsoft is still the far-and-away leader of the pack, with a market capitalization of $279 billion (compared to Google's $145 billion).

Indiatimes reports that Page and Brin "have fortunes of around $14 billion each and are the youngest members of the Forbes list of the richest Americans, where they occupy places 12 and 13." The news of Google's achievement is turning heads everywhere. Google News lists stories from both The Melbourne Herald Sun (in Australia) and The New Zealand Herald (although the first piece is identical to the one at the Indiatimes site, and the second link currently doesn't seem to lead to an article). spaceship replicas to making questionable choices about "free speech." And whereas other corporations might have rushed to put out a boastful press release, the Del.icio.us | Digg | Reddit | Furl Bookmark Murdok: Doug is a staff writer for Murdok for the latest eBusiness news.