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Google Fears Nothing - Today's Outrage

And don't think for a minute that Google and Apple are in cahoots just because they pretty much gave the same shrug. Google's pressing hard into Apple territory with its new music service even as it positions YouTube to take on Amazon and Netflix on the movie front.

Remember, it is Google's stated mission "to organize the world's information and make it universally accessible and useful."

Noble sounding purpose, but never forget that Google is in this to make money and minor scuffles with regulators and rivals are just a cost of doing business.

None of this changes anything for Google investors. And for the most part, I don't get the impression that the globe's Googlers care much either.

Perhaps TheStreet columnist Gary Weiss summed up the way a lot of people feel when he wrote in his column today: "I love Google! I love Apple! I love Big Brother!"

I'm not saying that quote applies to me, I'm just saying that Google is pretty much deaf to all of this regulatory noise. As long as everyone keeps Googling, the company will keep on doing what it does - and making a ton of money in the process.

--Written by Glenn Hall in New York.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.
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