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 [...]
Google “Camel View”: The Arabian version of the Street View car used for mapping the UAE’s Liwa desert October 9, 2014 Forget the Google Street View car zooming around London and the rest of the country mapping its streets. If you're trying to take pictures of the desert, it’s a whole other ball game. It’s a bit dusty and you're likely to get sand in, well, everywhere, but camels are pretty much built for it. This makes them [...]
Why interview brainteasers are on the way out – even at Google September 30, 2014 You don’t have to be a genius to work out why brainteasers are dying. Imagine you have eight balls of equal size. Seven of them weigh exactly the same, but one is slightly heavier. How would you go about finding the heaviest one using some scales and just two weighings? If you’re thinking [...]
Mark Zuckerberg is now richer than Amazon founder Jeff Bezos and Google founders Larry Page and Sergey Brin September 29, 2014 Mark Zuckerberg is now richer than Amazon founder Jeff Bezos and Google founders Larry Page and Sergey Brin. The Facebook founder Mark Zuckerberg has overtaken the three biggest billionaires in technology by accruing an additional $15bn in wealth since last year- more than any other billionaire this year. That's not bad for a yearly paycheque [...]
Google picks apart News Corp attack in open letter September 25, 2014 THE SPAT between Google and Rupert Murdoch’s News Corp escalated yesterday as the search giant responded to scathing claims made by the publisher last Thursday that it was a “platform for piracy”. In a blog post sarcastically titled “Dear Rupert”, referring to the billionaire chairman, Google’s comms chief Rachel Whetstone hit back at claims made [...]
Google faces an existential risk in its EU battle – Bottom line September 25, 2014 The European Union’s antitrust case against Microsoft’s abuse of its dominant position to bundle software with Windows began in 1993 and wouldn’t conclude until 2009. The result was that Microsoft had to unbundle software from its platform, share information with rivals and pay a record €1.4bn (£1.1bn) fine. But the lasting impact of the ruling [...]