When Wall Street closed at the end of

When Wall Street closed at the end of 2013 and the gains for the year were tallied, there was one clear internet winner. It was not Facebook…

Nor was it Amazon… Step forward, instead, Google. The nearly $140 billion that was added to its stock market value in the space of 12 months was as much as Facebook and Amazon combined… Even in a banner year for Wall Street, that performance stands out. Google often grabs attention for the unconventional and slightly wayward ideas it pursues, like driverless cars, smart eyeglasses and recent acquisitions of robot companies… Depending on how you look at it, these are either valuable options on the future of the tech industry, or margin-sapping diversifications… For the foreseeable future, though, Wall Street’s new love affair with Google looks set to run and run. Richard Waters
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