XpresSpa Group Inc (XSPA): Latest 1PM GOOG/VRNG

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Thursday, 10/11/2012 1:19:21 PM

Thursday, October 11, 2012 1:19:21 PM

Latest 1PM GOOG/VRNG - Has Google Lost Its Mojo?

A lot of little things are starting to paint a big, ugly picture
By James Brumley, InvestorPlace Contributor | Oct 11, 2012, 12:58 pm EDT

http://investorplace.com/2012/10/has-google-lost-its-mojo/

Google is facing more and more legal headwinds (that ultimately crimp profits). Linux, oogle.com, Viacom (NASDAQ:VIAB) and Apple (NASDAQ:AAPL) are just some of the companies that have won a case against Google during the past year or so. Countries that have somehow won a court case against Google within the past several months include Australia, Germany and Italy. Now Vringo (AMEX:VRNG) is making what has turned out to be a surprisingly strong case against Google that could end up rocking the company to its core. The plaintiff is arguing the algorithm that has made Google such a popular search engine is actually a Vringo-patented approach — and what’s more, it’s starting to look like the court, as well as the public, agrees.