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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 »

Google quarterly profit climbs on ad revenue

AP FILE PHOTO

Google on Thursday reported that profit in the closing quarter of last year climbed to $3.38 billion on rising ad revenue.

Posted: January 31st, 2014 in Latest Business Stories | Read More »

Samsung, Google sign patent-sharing deal

Samsung

Samsung said Monday it had signed a long-term cross-license deal with Google in a move to help the South Korean technology firm stave off potential patent disputes in the future.

Posted: January 27th, 2014 in Latest Business Stories | Read More »

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