Google Reader Service: Is Google Really Shutting Down Reader Service?

Google Reader Service: Yesterday, we brought you this story: Google Inc. (GOOG) Shuts Down Reader Service by July 1. While some people could care less about this move, others are devastated by the announcement. Even Google Inc (NASDAQ:GOOG) may be a bit surprised at how many people are disappointed by this change that is set to come within the next few months.

Google Inc (NASDAQ:GOOG) is one of the hedge fund industry’s most popular stock picks, but it’s been displaced by a financial stock recently (see which one here).

Google Inc (GOOG)If things stay as planned, the Google Inc (NASDAQ:GOOG) Reader Service will cease to exist come July 1, 2013. Believe it or not, this service has been in existence since its launch in 2005.

While some have shared their opinion privately with others, there are many more who have decided to make one last ditch effort at saving the service.

CNET is reporting that a number of petitions have surfaced online, pleading with the search engine giant to reconsider this move. They are hoping that enough signatures will show Google Inc (NASDAAQ:GOOG) that its reader service is worth keeping live.

And people are definitely beginning to take notice of these petitions. Here is what the CNET piece had to say:

“One such petition at Change.org, titled Google: Keep Google Reader Running, had already attracted more than 3,300 signatures. Daniel Lewis of New York, who launched the petition, blamed Reader’s declining usage on Google’s decision to remove share and comment functionality.”

It is good to see so many people getting excited about this in a relatively short period of time. It will be interesting to see how many of these petitions pop up, and of course, how many signatures these garner over the next couple of weeks.

Of course, the question now is this: how will Google Inc (NASDAQ:GOOG) deal with so many people trying to save the service? Share your thoughts below on what you think is going to happen.

Check back here for more updates on Google Reader Service.

DISCLOSURE: I have no positions in any stock mentioned.

For more news, visit these pages:

Are America’s Tech Companies Good Investments?

A China-Google Cold War Intensifying?

Samsung’s KNOX to Improve Android Security?

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

Insider Monkey beat the market by 44 percentage points in 21 months Learn how!

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!