Google to re-focus on it's core competency in search, in bid to regain competitiveness and re-ignite growth.
Remember the good old days when Google's mission was "to organize the world's information and make it universally accessible and useful"? Someday, they'll get back to that. For now, it's clone Facebook! Stat!
Google Reader organized RSS feeds -- information. That was the old Google, the old mission statement, the old focus. That's why Larry killed it. Someday, Google will swing back, because that's actually why we all like Google anyway. Hopefully, it won't be too late.