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Google Enters “Internet of Things” with Acquisition of Nest for $3.2 bn in Cash

Google (GOOG) announced that it will spend $3.2 billion for Nest, a Silicon Valley company founded by former Apple employees to develop better versions of common devices for homes.  The Nest acquisition gives Google a foothold in one arena of the “Internet of Things,” the growing phenomenon of connecting ordinary items to the Internet.   Silicon Valley tech giants are laser-focused on ... Read More »

Google to Double Asian Data Center Investment

Google has said it will double its investment in a data center it is building in Taiwan due to a sharp rise in internet use.  Google had already invested US$300 million in this data center however between July and September more than 60 million people in Asia got onto mobile internet for the first time.  Almost as many people which ... Read More »

High Tech Companies Join Forces to Limit Government Surveillance

According to Reuters U.S. high tech companies have joined hands to start a public campaign for new limits on how governments collect user information amid concerns of growing online surveillance. The companies — Google Inc, Microsoft Corp , Apple Inc, Facebook Inc, Twitter , LinkedIn Corp, Yahoo Inc and AOL Inc — issued an open letter to U.S. President Barack Obama and Congress to bring in reforms and restrictions on surveillance activities.  ... Read More »

Google Aims to Get SMEs to Use BIG Data Analytics Tools

Google is aiming to get SMEs to start using big data analytics tools even as recent trends show even the most elite of businesses are struggling to make sense of the vast swathes of data being collected. Google’s UK enterprise manager Roger De’Ath told V3 he saw big data as an area of expansion for the firm. “I think it’s ... Read More »

Google Q3 2013 Revenues Up 12%

Google Inc. reported consolidated revenues of $14.89 billion for the quarter ended September 30, 2013, an increase of 12% compared to the third quarter of 2012.  Google Inc. reports advertising revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the third quarter of 2013, TAC totaled $2.97 billion, or 24% of advertising revenues. Operating ... Read More »

Google Inc. Revenues for Quarter Ending June 30th 2013 Up 19%

Google Inc. reported consolidated revenues of $14.11 billion for the quarter ended June 30, 2013, an increase of 19% compared to the second quarter of 2012.  Google Inc. reports advertising revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the second quarter of 2013, TAC totaled $3.01 billion, or 25% of advertising revenues. Operating ... Read More »

Google Announces ‘Open Bidder’ Real-Time Bidding Platform

Google introduced a new real-time bidding platform called Open Bidder at Google I/O. It’s currently in beta status, and requires users to apply for testing. Google has been working on Open Bidder for over a year, and over that time we’ve been fortunate to have some fantastic alpha testers that have helped us develop and improve the product.  Going forward, ... Read More »

Google May Face EU Action over New Privacy Policy

Google may face a confrontation with the European Union (EU) after it flouted EU orders to undo vast changes to small print across services including search, Gmail and YouTube. The situation started when Google introduced a new privacy policy for target advertising that gave it power to merge data from its various websites to create a master profile of the ... Read More »

Google Revenue Hits $14.42B in Fourth Quarter, up 36 Percent

Google Inc. reported consolidated revenues of $14.42 billion for the quarter ended December 31, 2012.  Consolidated revenues would have been $15.24 billion had Motorola Home been included. GAAP operating income in the fourth quarter of 2012 was $3.39 billion, or 24% of revenues. This compares to GAAP operating income of $3.51 billion, or 33% of revenues, in the fourth quarter ... Read More »

Google Acquires Promotions Platform Firm Incentive Targeting

Google has acquired Incentive Targeting which offers a software-as-a-service platform for promotional campaigns to the grocery industry. The financial terms of the deal were not disclosed Founded in 2007, Incentive Targeting in Cambridge, Massachusetts, partners with retail chains to provide a targeted marketing service to manufacturers of grocery and consumer products, according to its website.  Its web-based service allows manufacturers ... Read More »

Amazon.com and Google Start to Extend Credit to Business Clients – Implications for Credit Information

Amazon.com announced last week that it will offer loans to some of its online sellers, a move that could boost the growth of its Internet marketplace.  The activity is called Amazon Lending and sellers on the company’s marketplace have been sent emails offering loans from Amazon Capital Services Inc. at lower rates than credit cards. Google did not want to ... Read More »

Google Internet Business UP while Ad Rates Slide

Google Inc’s revenue increased 21 percent as strength in its Internet advertising business offset a persisting drop in ad rates, stirring hopes among investors the Web search leader is close to slowing that decline. Advertising rates, or costs per click, have headed south as users gravitate to smartphones and tablets, where Google can generally charge less than on desktop computers.  ... Read More »

Marissa Mayer Named Yahoo CEO

Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years. It is a remarkable appointment: Mayer, who starts at Yahoo Inc. on Tuesday, was one of Google’s earliest employees and was most recently responsible for its mapping, local and location services. Mayer, 37, began her career at Google in 1999 after getting ... Read More »

Google Moves into the Customer Service Business with Trusted Stores

Google Inc is moving into the customer-service business as the world’s largest Internet search company steps up competition with e-commerce giants Amazon.com Inc. and China’s Alibaba.com Google rolled out a new certification service called Google Trusted Stores that helps shoppers see which online merchants ship quickly and reliably and which ones offer great customer service.  Google offers up to $1,000 in ... Read More »

The Second Front in the Search Engine Wars is Patents

That Internet companies fight each other viciously over access to users and hence to advertisers is obvious. But there is another fight going on, and winning it may not only impact the revenues of these companies but their very survival.  This fight is over patents.  Yahoo has lots of them and it is engaged in protracted court battles with Google ... Read More »