GitHub Wins As Google Inc (GOOGL) Says Bye To Google Code

Google Inc (NASDAQ:GOOGL) is shuttering Google Code, its project hosting service, in an admission of defeat to GitHub.

According to a post on the Google Open Source Blog, Google Inc (NASDAQ:GOOGL) has already disabled the creation of new projects on the service and will fully shut down the project on January 25, 2016.

Google Inc (NASDAQ:GOOGL) doesn’t seem bitter about GitHub’s win, however, as they themselves admit that as services like GitHub bloomed and developers moved there from Google Code, they also moved nearly a thousand Google open source projects from Google Code to GitHub.

Google, Google Code, is GOOGL a good stock to buy, shutdown, GitHub, project hosting,

In essence, the web giant is saying that there simply aren’t enough people using Google Code to justify allocating resources to the upkeep of the service. Furthermore, it appears that nothing really productive is being done by keeping the service alive.

“As developers migrated away from Google Code, a growing share of the remaining projects were spam or abuse. Lately, the administrative load has consisted almost exclusively of abuse management. After profiling non-abusive activity on Google Code, it has become clear to us that the service simply isn’t needed anymore,” Chris DiBona, Director of Open Source, wrote.

Google Inc (NASDAQ:GOOGL) has set milestones before the total shutdown of the service. On August 24, 2015, Google Code will be limited to read-only. On January 25 next year, the site will be officially closed though people can still download a tarball of project sources, issues and wikis which will be available until the end of 2016.

Nonetheless, the web giant said that Git, Gerrit and mirror hosting for Android, Chrome and other select projects will live on.

Ryan Pedlow’s Two Creeks Capital Management owned 215,131 Google Inc (NASDAQ:GOOGL) shares by the end of December.

I just made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said ‘I lost money by EXACTLY following your stock picks’. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.