Google says on its blog  that the 'g.co' link ensures it will only direct to web pages that are  owned by Google and that only Google is authorized to create those g.co  shortcuts. “That means you can visit a g.co shortcut confident you will  always end up at a page for a Google product or service.”
Google also clears air on future of the  existing "goo.gl." It says, “There’s no need to fret about the fate of  goo.gl; we like it as much as you do, and nothing is changing on that  front. It will continue to be our public URL shortened that anybody can  use to shorten URLs across the web.”
The url shortening tools are becoming  increasingly popular as they enable users to shrink up long, unwieldy  URLs. Google's dedicated g.co addresses for its own services also add  some security to the scary world of URL expansion, assuring users that a  'g.co' page will always be a legitimate, Google-curated page.
Nearly a month ago, Twitter had rolled out an automatic version of its t.co URL shortening service. The feature allowed  users to paste a URL of any length in their tweets.
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