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Apr 19, 2013

Google Internet business solid despite Motorola losses

April 18 (Reuters) – Google Inc’s core Internet
business grew net revenue 23 percent in the first quarter,
softening the effect of a sharp decline in its Motorola mobile
phone division.

Shares of Google, which reached an all-time high of $844 in
March, were up 1.5 percent to $777.75 in after hours trading on
Thursday.

Apr 18, 2013

Google’s Internet revenue grew 23 percent in first-quarter

By Alexei Oreskovic

(Reuters) – Google Inc’s core Internet business grew net revenue 23 percent in the first quarter to a better-than-expected $9.99 billion as the company’s search advertising business continued to show strength.

Shares of Google, which reached an all-time high of $844 in March, were up 2 percent to $783.08 in afterhours trading on Thursday.

Apr 18, 2013

Google’s Internet revenue grew 23 percent in Q1

April 18 (Reuters) – Google Inc’s core Internet
business grew net revenue 23 percent in the first quarter to a
better-than-expected $9.99 billion as the company’s search
advertising business continued to show strength.

Shares of Google, which reached an all-time high of $844 in
March, were up 2 percent to $783.08 in after hours trading on
Thursday.

Apr 18, 2013

LinkedIn to test smartphone ads in new mobile apps

SAN FRANCISCO (Reuters) – LinkedIn Corp(LNKD.N: Quote, Profile, Research) introduced revamped mobile apps on Wednesday that give greater prominence to the stream of information shared by members of the professional social network and will for the first time allow the company to show ads to smartphone users.

LinkedIn will begin showing advertisements within the mobile app’s news stream as part of a “small test,” said LinkedIn spokeswoman Julie Inouye.

Apr 16, 2013

Yahoo posts flat first-quarter revenue on declining display ad sales

SAN FRANCISCO (Reuters) – Yahoo Inc’s first quarter revenue fell short of Wall Street targets and its display advertising business experienced declining sales for the second quarter in a row, sending the Internet company’s shares down 4.2 percent.

Yahoo’s stock, which had surged more than 50 percent since Chief Executive Marissa Mayer took the helm in July, fell to $22.79 in after-hours trading on Tuesday.

Apr 16, 2013

Yahoo posts flat Q1 revenue on declining display ad sales

SAN FRANCISCO, April 16 (Reuters) – Yahoo Inc’s
first quarter revenue fell short of Wall Street targets and its
display advertising business experienced declining sales for the
second quarter in a row, sending the Internet company’s shares
down 4.2 percent.

Yahoo’s stock, which had surged more than 50 percent since
Chief Executive Marissa Mayer took the helm in July, fell to
$22.79 in after-hours trading on Tuesday.

Apr 16, 2013

Google’s Schmidt sees 1 billion Android phones in use in 9 months

SAN FRANCISCO, April 16 (Reuters) – Google Inc
Executive Chairman Eric Schmidt predicted on Tuesday that there
will be more than a billion smartphones in use featuring its
Android software within the next six to nine months.

Schmidt also noted that Google had no intention of blocking
access to a new app from Facebook Inc, saying he was
“phenomenally happy” with the app from Google’s rival, which
replaces the homescreen on Android phones.

Apr 9, 2013

Google, AT&T target Austin for high-speed Internet

SAN FRANCISCO/NEW YORK, April 9 (Reuters) – Google Inc
said on Tuesday it plans to bring its ultra high-speed
Internet and television service to Austin, Texas, next year,
prompting AT&T Inc to reveal its own plans to follow suit
- if it gets the same terms from local authorities.

AT&T appeared to be making a political point to highlight
the heavy regulations that encumber traditional phone companies,
analysts said.

Apr 9, 2013

Google to expand high-speed Internet/TV service to Austin, Texas

SAN FRANCISCO, April 9 (Reuters) – Google Inc is
bringing its high-speed Internet and television service to
Austin, Texas, the first move to expand the Google Fiber service
beyond its initial location in Kansas City introduced last year.

Google plans to begin connecting homes in Austin by the
middle of 2014, the company said in a post on its official blog
on Tuesday.

Mar 31, 2013

Youth flock to mobile messaging apps, may be threat to Facebook

SAN FRANCISCO, March 31 (Reuters) – Create personal
profiles. Build networks of friends. Share photos, videos and
music.

That might sound precisely like Facebook, but hundreds of
millions of tech-savvy young people have instead turned to a
wave of smartphone-based messaging apps that are now sweeping
across North America, Asia and Europe.

    • About Alexei

      "I write about Internet companies including Google, Yahoo and Facebook. I’ve covered technology and business for more than ten years at publications including TheStreet.com, CNET and The Industry Standard magazine."
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