Google Hoax: Reports About Google Acquiring ICOA Inc. A Hoax

By on Nov 27, 2012 in Business, Internet, Technology, United States Comments

A press release initially posted on PRWeb, picked up and reported by several international news organization about Google acquiring ICOA Inc. for $400 million was confirmed a hoax, CNNMoney reported on Monday, November 26, 2012.

According to CNNMoney, George Strouthopoulos, the CEO of ICOA, a company that makes Wi-Fi hotspots for public areas, told them that the press release is a hoax.

Google Hoax
The Google Hoax
Image Credit: CNNMoney / PRWeb

“This was a hoax. This is NOT TRUE!! Never had any discussions with any potential acquirers!! This is absolutely false,” Strouthopoulos reportedly told CNNMoney in an email.

“Someone, I guess a stock promoter with a dubious interest, is disseminating wrong, false and misleading info in the PR circles,” he added.

Google reportedly declined to comment about the press release which has since been taken down by PRWeb.

ICOA is investigating the source of this Google hoax and plans to report the results to law enforcement, the report said.

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