Google vs Facebook comparison

Google and facebook have become an essential part of our life. Even most of the people of generation Z who are accessible to it cant even imagine a day in life without it. As new technology emerges lets see who would win the battle of dominance over internet. From simple search engines to and social network tools to innovative artificial intelligence and virtual reality platforms which team has which team has it what it takes to the next level of evolution. So lets try to find in this article.

The Google was founded by Larry Page and Sergey Brin when they were both Phd. students at Stanford University in 1998. In 2004 it moved its new headquarter to mountain view, California after initial new offering of I.P.O. Its increment in size has eventually making Google more productive as it now has many application based software including Google maps app, Gmail app etc. increasing its grip in many fields including partnership with electronic manufacturers of smartphones, headsets and speakers. Facebook also began its life at college with students such as Mark Zuckerberg, Eduorda Saverin, Andrew McCollum, Dustin Moskovite and Chris Hughes launched the social networking service in 2004 with the membership to only fellow Harvard students then afterwards to other colleges and universities as popularity grew in 2006 it was made accessible to all above 13 years old. The primary revenue generated by facebook is through advertisements hosted on the site. When its headquarters were shifted to Dublin it shows that now it is making some real cash. In 2009 it was the most used social networking site and in 2010 it was valued at 41 billion dollars.

In 2017 in the fortune 500 list Google was ranked at number 22 while the facebook was ranked at 76. As for now at present Google is now in charge of blogger, you tube, skybox, Maps, wallet, Google earth and hangouts. Facebook has control of Ozio, wavegroup, sound, Oculus VR, whatsapp, lightbox and Instagram. Google as a search engine has the upper hand over the facebook but facebook has a upper hand as a social networking site. Both google and fb had been struck in legal cases due to accusation of privacy breaches and data smuggling.

Both Google and facebook are doing a lot towards development of AI and virtual reality and that could influence the future of society in a lot many ways.

Wall Street Crash

From the beginning of formation of nation peace and welfare of every nation depend on its economic security. But the same security is not guaranteed. Economic Crash could create mass poverty - as happened in the U.S.A after the stock market crash of 24 october 1929. Share prices tell so low that companies become worthless. Inventors lost their money and went bankrupt. With the country engulfed by depression, millions lost their jobs, then their homes. They went on the road in search of work, dependent on charity for survival. Countless members died from starvation and illness.

Mounds of worthless cash

Inflation - when money losses its value - can be a financial disaster. After world war 1, 'hyperinflation' in germany reduced the value of its currency, the mark, to virtually nothing. Germany had to pay huge sums in compensation to countries it had attacked in the war, but the government cheated by printing new bank notes to pay with. People lost the faith in the worth of this money and the marks value plummeted. In 1918, a loaf of bread cost 1 mark. In early 1923, the price has risen to 250 marks. By christmas, it was 200 billion marks. Workers took there wages in wheelbarrows, and children played with stacks of worthless cash. This economic anarchy lasted until the government introduced the new currency.

Standing in the line

As the great depression gripped the United States, jobless numbers increased reached 14 million and average incomes halved. Americans, receiving no unemployment benefit, relied on soup kitchens - or begging - to stay alive. Recovery only began after a new president, Franklin D.Roosevelt, introduced the 'New Deal' in 1933. This helped the poor find food, shelter and work through community projects, building roads, dams and houses.

Hard time for farmers

In 1932, with the depression at its height, America suffered another economic disaster. After the years of good harvests from the great wheat-growing plains of the south, the vast region was struck by the serious drought. The land soon become a 'dust bowl'. Farmers lost their properties and moved into crude shacks. Half a million people abandoned their land before the drought ended - five long year laters.

Panic in the Street

On the morning of the great crash, the stock exchange in New York wall Street was a scene of chaos. Large investors were selling shares in response to fears about the worldwide economy. As news of the falling prices spread, thousands of small investors ordered their stock brokers to sell 'at any price'. Panic broke out to the brokers failed to buy any buyers. Millions of shares worth worth billion of dollars became entirely worthless in a matter of hours.