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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

October 1, 2012 at 8:25 AM

Google passes Microsoft to become second largest tech company

Google passed Microsoft in its market capitalization today, becoming the world’s second-largest tech company, after Apple.

According to Bloomberg:

Google, operator of the most popular search engine, rose 0.8 percent to $760.66 at 10:30 a.m. in New York, for a market capitalization of about $249.5 billion. Microsoft, the world’s biggest software maker, fell 0.6 percent to $29.57, about a $247.8 billion valuation.

The rise of Google parallels the rise of Web- and cloud-based computing — areas in which Microsoft, which had traditionally been PC software-based, is now playing catch up.

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