Google's Recent Missteps and Lack of Communication Irk Investors

[mandy]

The settlement of a class action underscores concerns over how the search king is communicating about click fraud -- and other pressing issues

Recent missteps that have whipsawed or irked investors include the inadvertent release of sales projections and an agreement to censor its own search results in China. Then on Mar. 8, Google used a vaguely worded blog on its site to disclose a settlement of as much as $90 million in a case concerning click fraud. That came days after the company said the case was without merit and told investors the impact of click fraud on advertisers is immaterial.

...investors say it shares too little financial information and can be overly flip about company announcements, often posting statements on a corporate blog instead of through a press release.

full article: http://www.businessweek.com/technology/c...009568.htm

related topic:
Google Agrees to Pay Advertisers $90 Million Settlement in Click Fraud Lawsuit
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