Google boss defends UK tax bill

A top Google executive on Monday insisted that the company’s “key” role in developing Britain’s electronic commerce sector should be taken into account in the row over its controversial tax arrangements.

A top Google executive on Monday insisted that the company’s “key” role in developing Britain’s electronic commerce sector should be taken into account in the row over its controversial tax arrangements.

Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay in tune with people using smartphones and tablets.

Sharp Corp. shares jumped Tuesday on a report that the embattled Japanese electronics maker is in talks with US tech giants Apple, Google and Microsoft on forming business and capital tie-ups.

NEW YORK—Google’s shares plunged Thursday after a surprise drop in earnings in a prematurely released quarterly report, but while the Nasdaq sank the Dow avoided being pulled down as well. Google shares closed down 8.0 percent at $695.00, rebounding slightly after hitting a 10 percent floor earlier following the unintended release of its disappointing [...]

Google shares rose more than two percent to a new high of $749.38 at the close of the Nasdaq exchange on Monday and continued to rise in after-hours trading.

Internet giant Google on Monday said it plans to lay off about 4,000 employees at Motorola, a cellphone maker it purchased in May, in order to return the company to profitability.

Google has agreed to buy the online messaging firm Meebo, a move expanding the Internet giant’s capabilities for instant sharing of Web pages using social networks.

Facebook was supposed to soar. Instead, it plunged. After the social network’s stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied.

Facebook frenzy is spreading ahead of the company’s big-time stock market debut, with anything from Mark Zuckerberg’s hoodie to the billion-dollar buy of Instagram sparking controversy.
IBM and Microsoft drove the Dow Jones industrial average higher Friday after the tech giants reported stronger earnings than analysts expected.
The Department of Budget and Management (DBM) has announced the modernization of its back office systems with the adoption of cloud-based or Internet-hosted e-mail and other productivity programs from tech giant Google.
NEW YORK—Internet giant Google will buy US telecom maker Motorola Mobility for $12.5 billion in cash, giving a boost to its Android mobile operating system, the companies said Monday. The firms have entered into a definitive agreement under which Google will buy Motorola Mobility for $40.00 per share, a 63 percent premium over the closing [...]