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Google (GOOG) is buying travel guide publisher Frommer's from John Wiley & Sons for an...

Google (GOOG) is buying travel guide publisher Frommer's from John Wiley & Sons for an undisclosed sum. Google hasn't decided whether to continue publishing Frommer's titles in print. Together with its purchases of ITA Software and Zagat, the deal underscores Google's ambitions to be a major player in online travel content/services, with the help of Google Maps and other local offerings. Frommer's and Zagat also lend themselves well to Google's efforts to improve mobile monetization via local ads. (TRIP/OWW impact)
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Comments (2)
  • bondstevenbond
    , contributor
    Comments (166) | Send Message
     
    Another weapon in the thermal nuclear war between two tech superpowers? For those of us who are invested for growth in the mobile internet I tend to think of GOOG as good hedge for AAPL and vice versa, because they are the two most innovative leaders in mobile software. At least one and probably both will thrive. I'm curious, do others share my view? (I'm long AAPL and may go long GOOG)
    13 Aug 2012, 01:16 PM Reply Like
  • bondstevenbond
    , contributor
    Comments (166) | Send Message
     
    Thanks X-Money. I've been very overweight AAPL for a long time and looking for some diversification in the unlikely case that the mobile device market grows but for whatever reason AAPL doesn't. I agree that GOOG may be suboptimal. Others I am looking at are QCOM, NVDA, NUAN, and Samsung. Of those I currently like QCOM as the safest bet.
    13 Aug 2012, 03:18 PM Reply Like
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