On2 settles challenge to Google acquisition

Phenomenal Google profit

By: RayMerle

After a 27 percent net income increase from a year ago, CEO says "worst of the recession is behind us." This is Google's largest quarterly profit. This is based on a 7 percent yearly climb in revenues. The net income is $1.64 billion. Google expects to start hiring, buying companies and investing in new technology. Google will need ...

about 1 month ago

Google set to acquire AdMob for $750 million

By: city786

San Francisco: In a push to expand its digital advertising empire to cellphones, Google has agreed to acquire AdMob, a fast-growing mobile advertising start-up, for $750 million in stock, the companies said. AdMob is one of the top sellers of banner ads on iphone applications and web pages that can be retrieved from mobile phones. The ...

19 days ago

Google says the Worst is Over

By: MohammadHassan

Online search giant Google says the worst of the recession is over as it reported quarterly profit and sales that rose from year-earlier results and easily topped Wall Street's forecasts. "Google had a strong quarter-we saw 7 percent year-over-year revenue growth despite the tough economic conditions," said Eric Schmidt, Google's chief executive, ...

about 1 month ago

Why Google Gobbled Mobile Phone Start-Up For $750 Million

By: JonathanAquino

  The latest addition in Google’s mind-boggling evolution is AdMob Inc., a start-up software developer of display ads for mobile phone applications, even as it continues to build Android, their own mobile operating system.   “The mobile Web is still in its early stages,” writes Susan Wojcicki, Google’s vice ...

15 days ago