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Google adds instant $50bn to value

2015-07-17 18:07:13| BBC News | Business | UK Edition

Google's market value jumps more than $50bn within minutes of the start of Wall Street trading as the tech giant's share price hits an all time high.

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Google revenues up 11%, CFO signals spending check

2015-07-17 08:23:00| Telecompaper Headlines

(Telecompaper) Google reported second-quarter revenues up 11 percent year-on-year to USD 17.727 billion. While revenues rose at half the rate of the year-earlier period, operating profit increased 13 percent to USD 4.825 billion. Net profit increased to USD 4.829 billion or USD 4.93 per share, from USD 4.104 billion or USD 4.88 per share a year earlier. Google total advertising revenues rose 11 percent to USD 16.023 billion, led by 13 percent growth on its own sites. Traffic acquisition costs fell to 21 percent of ad revenues from 23 percent a year ago. The cost per click was also down 11 percent over the same period. Google's capital expenditure fell slightly to USD 2.515 billion in the quarter, while free cash flow rose to USD 4.470 billion from USD 2.981 billion a year ago. The company had total cash of USD 69.780 billion at the end of June. This was Google'a first earnings report with the new CFO Ruth Porat. She said the growth came mainly from core search, especially mobile, as well as YouTube and programmatic advertising. "We are focused every day on developing big new opportunities across a wide range of businesses," she said. "We will do so with great care regarding resource allocation."

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BluFlux Partners With Google ATAP On Project Soli Touchless Radar Sensor

2015-07-17 07:32:30| rfglobalnet Home Page

BluFlux, a provider of RF engineering, antenna design and OTA testing, today announced that Google’s Advanced Technology and Projects (ATAP) group selected the company as one of the partners to develop Project Soli, a new interaction sensor that uses radar technology to capture movements of the human hand.

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Google posts strong Q2 numbers

2015-07-17 02:00:00| Total Telecom industry news

Internet firm's new CFO pledges to keep an eye on costs.

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Report: Google Android M Supports Visual Voicemail

2015-07-16 19:02:00| PC Magazine Software Product Guide

Apple iPhone users have long had visual voicemail, and it seems the feature might finally be coming to Android.

Tags: report google visual supports

 

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