Google, Inc. (GOOG) to Eliminate Some Services This Fall

While Google, Inc. (NASDAQ:GOOG) grows, it also shrinks. Sort of. At least, when a company gets as big as Google has, it should do some spring cleaning every so often and remove some of its products or services in order to streamline itself and how it serves customers.

Google Inc (GOOG)

Google, Inc. (NASDAQ:GOOG) has certainly done some of this in the past, and the company announced over the weekend that it is going to do another round of streamlining when it eliminates Google Listen, Google Apps for Teams and Google Video for Business. Google cited some redundnacy in these areas and decided to consolidate services.

For example, the Google Listen podcast app will be closed in favor of Google Play, which has a wider variety and selection of podcasts to access. Those who have the Google Listen app will still be able to use it, but the search feature will not be functional by November 1. Also, Google Apps for Teams accounts will be converted into individual Google accounts, mainly because the company acknowledged that collaboration between people using non-Google e-mail addresses was showing to not be very useful – which goes against the services’ intent, which was for anyone with a business or school e-mail address to collaborate with other people using Google Docs, Google Talk or Google Calendar without needing to establish a Gmail account. Whoops!

The third service to be cut will be Google Video for Business, which was designed for teams to collaborate using video communications. But the company decided it will migrate all videos to Google Drive, which has similar storage capacities, thus making Google Video for Business somewhat redundant. All of these changes are expected to be phased on and completed by the end of fall, according to a blog post from Google, Inc. (NASDAQ:GOOG).

Google is a very popular stock position for many billion-dollar hedge-fund managers, including Robert Karr. Karr had nearly one-fourth of his $470-billion portfolio invested in Google at the end of March (about $109 million; check out his prosperous portfolio). Google is also the second most popular stock among hedge funds (see the 10 most popular stocks among hedge funds).

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!