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Google pulls plug on its print media ad business 2009-02-01 24

Google is to close its business that sells advertising space in newspapers.
According to Associated Press, the move was a bid to cut costs under the current economic climate.
The California-based Google concluded that its online expertise wasn’t paying off and decided to pull the plug - effective from February 28.
The decision is believed to impact on about 800 US newspapers.
Google’s director, Spencer Spinnel reportedly wrote on his blog: “While we hoped that print