Google Buys Finnish Paper Mill
raffnix writes "Today, Finland-based paper group Stora Enso has announced that Google is buying the buildings and most of the Summa Mill site, where production of paper was ceased last month, for approximately 40 million Euros ($51.7 million). Obviously the space is most likely going to serve as a data center, which has now also been confirmed by
Reuters."
Shows what the media knows. Haven't they heard of GMail Paper? Here's the spiel from Google:
With Google's ad revenue suffering due to economic conditions, I imagine they need this new source of revenue very badly. For those who are curious, Wikipedia has a great article detailing the history of this new venture by Google.
Javascript + Nintendo DSi = DSiCade
No, I see what Google's angle is. Get everybody using computers, move away from paper, and once nobody else is making paper suddenly Google will come out with the latest hot product only available on paper! And you have to have this product; nay, you need this product. You couldn't face your friends and family without it. This plan is so cunning, so clever, so devious, you could stick a tail on it and call it Karl Rove.
Kwisatz Haderach
Sell the spice to CHOAM
This Mahdi took Shaddam's Throne
I thought everyone new that due to the advent of Internet and Google (docs, mail, etc) *ALL* Paper Mills were Finnished.
wow.
A paper mill is just a big building. I use to work for a company where the building use to be an old saw mill. Heck the house I live in use to be a small Candy Factory.
If something is so important that you feel the need to post it on the internet... It probably isn't that important.
They bought it to print their own currency. By the time it's up an running, the US dollar will be worthless due to inflation. Prudent business decision I must say :-)
Maybe that story got stuck in the firehose for 1 year.
Are you sure it wasn't Primatech they aquired? That would fit perfectly with their "Don't be evil" motto.
My other account has a 3-digit UID.
Should be "Google to produce hardcopy of Internet"
"It doesn't cost enough, and it makes too much sense."
Doesn't sound like google they don't finnish anything half their products are still in beta!
to merely put the newspaper industry's reason for existence into doubt
now google actually has to go out and confiscate newspapers' means of production and forcibly convert paper mills into data centers? talk about insult on top of injury
i think someone at google is taking this whole notion of the digital "revolution" a little too seriously, no? do they assassinate rupert murdoch and demolish the conde nast building next?
intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
I was wondering why 2008 felt much longer than 2007.
Just be careful. A few weeks ago someone was telling me to watch out for the Niagaran Paper Mill scam.
This guy's the limit!
And us yoopers could do just about anyting eh.
Passionately Indifferent