HAHAHAHAHA Yeah that’s not gonna happen, chummer.
The Google empire is enormous and ubiquitous, covering basically the entire Internet in one way or another. There is, however, one lucrative business the company does not yet have a foothold in: banking. And now it has plans to change that.
Google is working to launch consumer checking accounts next year, The Wall Street Journal first reported this morning. The project, code-named Cache because apparently nobody can resist a pun, is expected to launch next year, sources told the Journal. CNBC, also citing “sources familiar,” confirmed the WSJ’s reporting.
I still use Google. More accurately, I still use Google for everything that I don’t actually really care that much about. I have absolutely no confidence in, or desire to test, Google’s ability to not give up my actual financial data when asked for it. And lemme note that I don’t believe Google when they say that we can trust them: see the title.
PS: When it comes to anti-trust: Amazon will likely survive. Facebook will somehow survive. But they’re gonna take a regulatory fire-axe to Google one of these days, and when the dust settles and the flames die down everybody’s gonna use the ashes for a clambake. That’s not a political comment; it’s a reasonably objective observation.