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Jan 22, 2013

Google fourth quarter revenue outpaces Street targets, shares climb

SAN FRANCISCO (Reuters) – Revenue from Google Inc’s core Internet business outpaced many analysts’ expectations during the crucial holiday quarter and advertising rates fell less than in previous periods, pushing its shares up more than 4 percent.

The world’s largest Internet search company introduced new product listings during the fourth quarter – typically its strongest – and also benefited from business growth in international markets, analysts said.

Jan 22, 2013

Google Q4 revenue outpaces Street targets, shares climb

SAN FRANCISCO, Jan 22 (Reuters) – Revenue from Google Inc’s
core Internet business outpaced many analysts’
expectations during the crucial holiday quarter and advertising
rates fell less than in previous periods, pushing its shares up
more than 4 percent.

The world’s largest Internet search company introduced new
product listings during the fourth quarter – typically its
strongest – and also benefited from business growth in
international markets, analysts said.

Jan 18, 2013

Google says Wall Street estimates need adjusting

SAN FRANCISCO (Reuters) – Google Inc issued a rare advisory to Wall Street on Friday that analyst estimates for its fourth quarter financial results are flawed.

The world’s No.1 search engine, which reports its quarterly results on Tuesday, said most analysts have not adjusted their estimates to reflect the pending $2.35 billion sale of the Motorola Home business.

Jan 16, 2013

Facebook rolls out friends-based search product

MENLO PARK, California (Reuters) – Facebook Inc took the wraps off a new search tool on Tuesday that lets people trawl their network of friends to find everything from restaurants to movie recommendations, an improvement that’s likely to increase competition with review websites like Yelp and potentially even Google Inc.

The so-called graph search marks the company’s biggest foray into online search to date, though it displays only information within the walls of the social network rather than links to sites available across the Internet.

Jan 15, 2013

Facebook unveils new friends-based search tool

MENLO PARK, California (Reuters) – Facebook Inc(FB.O: Quote, Profile, Research) CEO Mark Zuckerberg unveiled on Tuesday a feature to help its users search for people and places within the social network, in the company’s first major product launch since its May initial public offering.

Speaking to reporters at its Menlo Park, California headquarters, Zuckerberg revealed “graph search,” which allows users to sort through only content that has been shared with them – addressing potential privacy concerns.

Jan 15, 2013

Facebook’s big revelation: new search tool

, Jan 15 (Reuters) – Facebook Inc
CEO Mark Zuckerberg unveiled on Tuesday a feature to help its
users search for people and places within the social network, in
the company’s first major product launch event since its May
initial public offering.

Speaking to reporters at its Menlo Park, California
headquarters, Zuckerberg described what he called “graph
search,” which allows users to sort through only content that
has been shared with them – addressing potential privacy
concerns.

Jan 14, 2013

Facebook shares rise in buildup to mystery event, earnings

SAN FRANCISCO (Reuters) – Facebook Inc’s stock opened on Monday above $32 for the first time since July as anticipation about upcoming products and financial results underscored Wall Street’s renewed confidence in the online social network.

Facebook will on Tuesday host its first major press event at its headquarters in Menlo Park, California, since its troubled initial public offering in May, triggering a guessing game among technology observers and online blogs about what it could unveil – everything from a smartphone to a search engine.

Jan 7, 2013

Star stock analyst Mahaney to lead Internet coverage at RBC

SAN FRANCISCO (Reuters) – Mark Mahaney, a top-rated Internet stock analyst who was fired from Citigroup in October after one of his staffers improperly shared research with a news website, has been hired by RBC Capital Markets.

Mahaney will oversee coverage of the Internet sector for RBC, the firm announced on Monday. RBC did not state which companies Mahaney will cover. He will be based in San Francisco.

Dec 23, 2012

Analysis: Amazon, Google on collision course in 2013

SAN FRANCISCO (Reuters) – When Amazon.com Inc CEO Jeff Bezos got word of a project at Google Inc to scan and digitize product catalogs a decade ago, the seeds of a burgeoning rivalry were planted.

The news was a “wake-up” call to Bezos, an early investor in Google. He saw it as a warning that the Web search engine could encroach upon his online retail empire, according to a former Amazon executive.

Dec 23, 2012

Amazon, Google on collision course in 2013

SAN FRANCISCO, Dec 23 (Reuters) – When Amazon.com Inc
CEO Jeff Bezos got word of a project at Google Inc
to scan and digitize product catalogs a decade ago, the
seeds of a burgeoning rivalry were planted.

The news was a “wake-up” call to Bezos, an early investor in
Google. He saw it as a warning that the Web search engine could
encroach upon his online retail empire, according to a former
Amazon executive.

    • 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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