Google Cofounders to Sell 10 Million Shares


You can hardly blame Google cofounders Larry Page and Sergey Brin. Google (GOOG) was founded more than ten years ago, and at the current price of $545, the company's shares trade near a two-year high. The world's largest search engine company just announced its revenue rose 17% in the last quarter, to $6.67 billion, the fastest pace of expansion in a year. Google has moved into the world of mobile operating systems and the move has been highly successful in its early stage.