Internet search giant Google Inc. announced on Friday that it is shutting down a wide range of its products and services as a part of its new strategy on focusing on products that have the potential to generate more revenues for the company.
Apparently, the new direction taken by the search giant is the outcome of a series of brand new initiatives embraced by the new chief executive officer Larry Page.
This new series of renovated strategies are basically aimed at concentrating the company’s focus more on those “high impact” products that have the potential to positively change the lives of billions of people all around the globe.
"Over the next few months we'll be shutting down a number of products and merging others into existing products as features," senior vice president Alan Eustace explained in a move he termed a "fall spring-clean" at Mountain View, according to this IB Times report.
The company shed more light into this new move by saying, "For the past two years, the Fast Flip experiment has fuelled a new approach to faster, richer content display on the Web -- which will live on in our other display and delivery tools".