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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

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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 »

Globe shifts to Google

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Globe Telecom Inc. has shifted to Google business solutions for its internal use—a move it says will improve customer service, the company said in a statement.

Posted: August 9th, 2013 in Headlines | Read More »

SIM book drive wins ad ‘Oscar’

Louie Sotto, executive creative director of DM9 JaymeSyfu advertising agency, holds the Philippines’ first ever Grand Prix at the Cannes Lions festival of creativity. ANGEL GUERRERO/CONTRIBUTOR

Advertising agency DM9 JaymeSyfu has won for the Philippines its first Grand Prix at the Cannes Lions International Festival of Creativity, the highest honor given by what is considered the Oscars of the advertising industry.

Posted: June 21st, 2013 in Latest Business Stories | Read More »

Google boss defends UK tax bill

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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.

Posted: April 22nd, 2013 in Latest Business Stories | Read More »

Google 2012 revenue hits $50 billion, profits up

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AP FILE PHOTO

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.

Posted: January 23rd, 2013 in Latest Business Stories | Read More »

Sharp shares jump on US tech giant tie-up report

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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.

Posted: October 30th, 2012 in Latest Business Stories | Read More »

Google plunges on shock Q3 report; Dow ends flat

In this Wednesday, Oct. 17, 2012, file photo, people attend a workshop, "New York Get Your Business Online," at Google offices in New York. Google Inc.'s stock plunged suddenly on Thursday, Oct. 18, 2012, after a contractor prematurely released the search company's third-quarter earnings report.  AP PHOTO/MARK LENNIHAN

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 [...]

Posted: October 19th, 2012 in Latest Business Stories | Read More »

Google shares hit new high

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AP FILE PHOTO

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.

Posted: September 25th, 2012 in Latest Business Stories | Read More »

Google plans 4,000 layoffs at Motorola

Earns Google

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.

Posted: August 13th, 2012 in Latest Business Stories | Read More »

Google buys instant messaging firm Meebo

Earns Google

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.

Posted: June 5th, 2012 in Latest Business Stories | Read More »

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