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Google buys product design firm Gecko

Gecko Design logo

Google on Friday confirmed that it bought Gecko Design to bolster its lab devoted to technology-advancing projects such as self-driving cars and Internet-linked Glass eyewear.

Posted: August 23rd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Amazon readying an attack on Google’s ad business

Amazon.com founder and CEO Jeff Bezos presents the company's first smartphone, the Fire Phone, on June 18, 2014 in Seattle, Washington. The much-anticipated device is available for pre-order today and is available exclusively with AT&T service. David Ryder/Getty Images/AFP

US online giant Amazon is preparing to take on Google in one of its core businesses, Internet advertising, the Wall Street Journal said Friday, citing sources familiar with the matter.

Posted: August 23rd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Google eyeing up to $30 billion in foreign buyouts

Google

Google is amassing cash overseas to help finance a foreign shopping spree that could cost the Internet company up to $30 billion.

Posted: May 21st, 2014 in Latest Business Stories | Read More »

Fired Yahoo exec gets $58M for 15 months of work

AFP FILE PHOTO

Yahoo’s recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.

Posted: April 17th, 2014 in Latest Business Stories | Read More »

US Internet ad revenue surpasses broadcast

Delegates from various media organizations visit the AFP exhibition displayed at the 65th World Newspaper Congress at a hotel in Bangkok on Monday, June 3, 2013. Despite uncertainties brought about by digital challenges, the future of the news publishing business looks promising, experts said at the opening of the newspaper congress.  AFP PHOTO/PORNCHAI KITTIWONGSAKUL

For the first time, U.S. Internet advertising revenue has surpassed that of broadcast television thanks to sharp growth in mobile and digital video ads.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

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