The interesting thing is that Google itself has an internal hedge fund (or something close) that trades its cash hoard. I'm not sure if they do it algorithmical

The interesting thing is that Google itself has an internal hedge fund (or something close) that trades its cash hoard. I'm not sure if they do it algorithmically or whether they just buy-and-hold various indices, but my suspicion is that (given their engineering background) they probably do some algorithmic trading.