Google posts 27% increase in revenues; Q1 earnings slightly miss mark

By on April 14, 2011 at 5:30 PM.

Google posts 27% increase in revenues; Q1 earnings slightly miss mark

Internet juggernaut Google has released its financial results from the first-quarter of 2011, and things are looking pretty good. The company posted revenues of $8.58 billion during the quarter — which represents a 27% increase year-over-year — with $5.88 billion of that figure being generated by Google-owned websites. The company failed to meet Wall Street’s earning expectations, however, coming in $0.03 shy of the predicted $8.11 earnings per share. “These results demonstrate the value of search and search ads to our users and customers, as well as the extraordinary potential of areas like display and mobile,” said Patrick Pichette, the company’s CFO. “It’s clear that our past investments have been crucial to our success today–which is why we continue to invest for the long term.” said Patrick Pichette, the company’s CFO. The company’s stock was trading down nearly 5% in after-hours trading at time of article writing. The full Q1 report is after the break. More →

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Google goes cougar hunting, it's not what you think…

By on May 17, 2010 at 11:20 AM.

Google goes cougar hunting, it's not what you think…

Cougar Definition

Cou•gar |ˈkoō•gər| Noun. A 35+ year old female who is on the “hunt” for a much younger male.

With a little help from Hollywood, and the media/tabloids, the word “cougar” has managed to wiggle its way into our daily lives and lexicons. So how does a word, who’s definition has little to do with anything gadget-related, make its way onto a tech blog? When internet giant Google takes a stance on said locution of course! Google has removed all ad links to cougar-centric dating sites from its AdWords content pages because, as the New York Times put it, “Google has recently deemed those dating sites ‘nonfamily safe.’” The ban will prevent sites, which cater to cougars, from having their AdWords adverts appear on more than 6,700 websites in the Google content network — this includes larger sites like Ask.com and YouTube. CougarLife.com president, Thomas Koshy — whose company was paying $100,000/month to Google for advertisements — said that traffic from the now banned YouTube, Ask.com, and MySpace accounted for around 60% of their site’s traffic. Hit up the full NYT article for the full, cougarlicious story. More →

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