Hot rumor: "Any second now," search engine giant Google is going to buy game developer Valve. Oops, turns out not to be true. See the update below.
Valve is responsible for Half-Life, Portal, Counter-Strike, Team Fortress and other fantastic games and Google is in charge of the internet. The prize Google is looking for is almost certainly Steam, Valve's massive PC content distribution network and gaming portal.
Our shallow analysis: This is a win/win/win. Win for Google, who have been rumored to be moving into the gaming space for awhile now. Win for Valve because money! Win for gamers because Google and Valve both tend to do things right.
We'll let you know more on this story as it developers.
UPDATE: We asked Valve's Doug Lombardi about this, and the man said:
"I hadn't heard about any of this until this morning when I checked my Blackberry, which John McCain invented."(My name is Doug Lombardi, VP of marketing at Valve, and I approve of this quote.)
Update: Google said they do not comment on rumors or speculation.