Biz, Tech: Google considered buying newspapers – but not anymore.
- Google, with their charitable arm, Google.org, was once interested in buying a paper that wanted to carry non-profit status. They were also offered a stake in The New York Times. source
- CEO Eric Schmidt said that the company ultimately decided that the debt load was too high and that they didn’t want to be on the other side of the news-aggregation plate. Good move. source
- the draw source
- why not? source