What did Google guarantee?

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According to foreign media reports, Google executives assured shareholders that the company's future plans will make it a leader in innovation.

Yesterday, Google announced at its annual shareholders meeting in Mountain View, California, that the company has a "moon landing" plan for the future. Although Google has become the world's largest and most powerful Internet company, it still faces fierce competition from other companies that provide the same services.

The company is accelerating the development of self-driving cars, a field that no other company in the tech world has achieved. Moreover, the company's Project Loon has been widely praised by technology enthusiasts around the world. However, the development of these technologies requires a lot of cash, so Google needs the cooperation of shareholders.

Google's founders have maintained stable ownership and control of the company since its founding in 1998, as new stock options do not give shareholders any voting rights, and CEO Larry Page and co-founder Sergey Brin retain absolute control over the management of the company's affairs.

At the same time, before the shareholders' meeting, Brin wrote a letter to shareholders, stating the company's future vision and assuring them that the company will be committed to developing technologies that will make people live healthier and happier lives. At the meeting, Brin said that becoming the market leader in the search engine field is a milestone for us, and we will create new and unique milestones in the future.

Correspondingly, he also praised the contact lenses developed by Google that can monitor the blood sugar levels of diabetic patients.

Collin Gillis, an analyst at BGC Partners, said that although shareholders have been critical of how Google spends money, they should take a deep breath and continue to believe in the company. He also said that shareholders should see the company's vision for the future and see that the company is working hard to enter some market areas with strong future growth.

Shareholders are somewhat dissatisfied with Google's behavior of not focusing on developing its main business, search engine, but spending more time and money on launching new products. Some of the company's previous products and services did not have a huge market impact and were considered failed products by shareholders. Shareholders should have confidence in the company. Because the company has been spending huge sums of money to acquire emerging technology companies and their technologies, which will help the company set new milestones in the future.

A typical example is Android. In 2006, Android was just a 22-month-old startup that developed software for mobile phones. At that time, Google spent only $50 million to acquire Android, and the deal was called "the best deal ever" by the head of Google's mergers and acquisitions department. Gillis also added: "There are still many untapped business opportunities in the new products of search engine, Android, YouTube and Play Store."

In the tech world, many companies have developed products and technologies that have failed because the world wasn't ready for them. Google's spirit of innovation and technological development is a springboard for the company into the future, and the company will continue to be committed to developing products and services that will benefit future generations.