Ex-banker reaches settlement with Google over removal of ‘vile and abusive’ internet posts November 24, 2014 An ex-banker has reached a settlement with Google over "vile and abusive" internet posts, having previously argued that the firm should do more to remove them. Daniel Hegglin, a British businessman who used to for work Morgan Stanley, had been targeted by an anonymous internet troll and wrongly called a paedophile and a Ku Klux [...]
Google under threat from EU Parliament as MEPs prepare non-binding resolution November 22, 2014 The world's biggest search engine could soon find its European operations under threat from the EU parliament thanks to antitrust regulations. A non-binding resolution is being assembled to break up Google's European operations, according to documents seen by Reuters. The measures are being prepared by EU politicians to counter the alleged power and dominance of [...]
GoDaddy pushing ahead with $4.5bn IPO as Google announces plan to enter its domain November 20, 2014 GoDaddy.com is pushing ahead with an initial public offering (IPO) early next year that would value the world’s biggest domain registration service at roughly $4.5bn (£2.9bn). A report yesterday in the New York Post said that chief financial officer Scott Wagner met analysts last week to give an update on GoDaddy since it first filed [...]
Google executive Alan Eustace breaks Felix Baumgartner’s parachute jump record October 25, 2014 A 57-year-old Google executive has broken the world altitude record with a parachute jump from the top of the stratosphere. Alan Eustace, a senior-vice president at Google, beat the 2012 record set by daredevil Felix Baumgartner with a jump from 135,000 feet over Roswell, New Mexico. After making a two hour ascent attached [...]
Islamic State terror plot: Four London men accused of swearing allegiance to IS and using Google Street View for “hostile reconnaissance” October 17, 2014 Scotland Yard has announced that four London men have been charged with intention to commit acts of terrorism. The men have been of accused of swearing an oath to the terror group Islamic State. Furthermore, it is alleged the men were attempting to buy a pistol furnished with silencer. Scotland Yard said the men are [...]
Google share price down: Results fail to impress despite 20pc hike in revenue October 16, 2014 Google’s quarterly results have failed to meet Wall Street expectations, despite revenue growing by 20 per cent to $16.5bn (£10.3m) in the three months to 30 September, compared with $13.8bn posted last year. Analysts polled by Thomson Reuters said they were looking for revenue of $16.6bn in the third quarter. Meanwhile, expenses were up to [...]
Google shares drop 3 per cent as it misses expectations October 16, 2014 Google's profits fell but its revenues jumped 20 per cent as its results fell just short of expectations. Wall Street had been expecting revenue excluding commissions of $13.22bn, but the figure came in at $13.17. Earnings per share were $6.35 rather than the $6.53 analysts had predicted. Google's shares were down 1 per cent on [...]
Does “Turbo Charger” feature give Google’s new Nexus 6 the edge over Apple’s iPhone 6? October 16, 2014 Google has revealed its new Nexus 6 smartphone and Nexus 9 tablet, as well as the “Nexus Player” TV streaming and gaming device. The Nexus 6 comes with a 13 megapixel camera (the same specifications as Apple’s iPhone 6), a new Lollipop Android 5 operating system, and dual front-facing speakers which can offer better [...]
“Double-Irish” tax loophole to close by 2020 for Apple, Google and Facebook, making way for “Knowledge Development Box” October 14, 2014 The Irish government has revealed plans to close a much criticised tax loophole nicknamed the “Double-Irish”, which lets major international corporations such as Apple, Google and Facebook pay surprisingly low rates of corporation tax. The plans, announced by Ireland’s finance minister Michael Noonan in the government's budget today, come amid mounting pressure from Europe and [...]
Google’s Eric Schmidt: Amazon is our biggest search rival October 13, 2014 Google's chairman has dismissed Bing and Yahoo: the biggest threat to its search hegemony is Amazon. Eric Schmidt believes that the scrutiny Google is under in Europe after the 'right to be forgotten' battle is unfair given the large roles played by the company's rivals, such as Facebook and Amazon. Mobile search is becoming more [...]