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Google Ranking Algorithm Update 2011

Last week, Google released one of the biggest ranking algorithms updates of the last months. The update will impact 11.8% of all queries on Google.
Google has announced that they made a major change in their ranking algorithm:
"We launched a pretty big algorithmic improvement to our ranking. This update is designed to reduce rankings for low-quality sites—sites which are low-value add for users, copy content from other websites or sites that are just not very useful.
At the same time, it will provide better rankings for high-quality sites—sites with original content and information such as research, in-depth reports, thoughtful analysis and so on, the officials said.
This update is an addition to the ‘scraper spam update’ that Google released earlier this month.
It has not been confirmed yet officially, this algorithm update tries to remove so-called content-farms from the search results. Content farms are websites that invest as little time and money as possible to generate a large amount of content created by authors who are usually not familiar with the topic they write about.

Google's anti-spam team is serious about eliminating spam from the search results. They announced that they are working on "many more updates that we believe will substantially improve the quality of the pages in our results"