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BUSINESS
January 30, 2013 | By Jessica Guynn
Facebook Inc. reported fourth-quarter financial results that beat Wall Street expectations, but its shares are falling anyway. Revenue rose 40% to nearly $1.6 billion in the fourth quarter, above analyst estimates. That marked the first growth acceleration since Facebook started selling shares to the public in May. Facebook said it earned $64 million, or 3 cents a share, compared with $302 million, or 14 cents a share, a year earlier. "In 2012, we connected over a billion people and became a mobile company," Chief Executive Mark Zuckerberg said in a written statement that accompanied the fourth-quarter financial results.
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BUSINESS
April 24, 2012 | Bloomberg News
Google Inc. Chairman Eric Schmidt testified that his company developed the Android operating system using the Java programming language after partnership talks with Sun Microsystems Inc. fell through and Sun made no demand for a license to use Java. Sun sought $30 million to $50 million and tight control over Java's use for Android, Schmidt told jurors Tuesday in federal court in San Francisco during Oracle Corp.'s trial against Google. When deal negotiations fell through in 2006, Google built the Android software for mobile devices using aspects of the Java platform without infringing on Sun's intellectual property, he said.
BUSINESS
April 3, 2013 | By Jessica Guynn
SAN FRANCISCO -- Is mobile clicking for Facebook Inc.? Facebook's initial public stock offering in May was dashed after the social network said it wasn't making "any significant revenue" from mobile even though more than half of its users checked the service on mobile devices. With its stock price plunging, Facebook Chief Executive Mark Zuckerberg acknowledged in September: "We've had a bunch of missteps" in mobile. But in the background, Facebook has already powered up the turbo boosters.
BUSINESS
May 23, 2012 | By Michelle Maltais
A district court jury in Northern California cleared Google of infringing patents held by Oracle in six claims brought by the company. But the verdict isn't the end of the case. Oracle sued Google in August 2010, alleging Google's Android phone software infringed patents and copyrights covering Java. The first part of the trial over Java copyright claims ended in a mixed verdict. Despite the result of that trial, in which Google was found to have infringed only a small segment of Java code, it appears Oracle plans to pursue significant damages.
BUSINESS
March 14, 2013 | By Jessica Guynn
SAN FRANCISCO -- Google's senior ranks continue to shuffle with Jeff Huber stepping down as head of mapping and commerce. Huber will move to Google X, the lab run by Google co-founder Sergey Brin that is working on experimental projects such as the wearable computer Google Glass and self-driving cars, a person familiar with the situation said. The move was first reported by the Wall Street Journal. With Huber's departure, the mapping division will join the Google search team led by Alan Eustace and the commerce division will move under the advertising group led by Susan Wojcicki.
CALIFORNIA | LOCAL
June 22, 2012 | By Jessica Guynn
Google Chief Executive Larry Page has reassured employees that he does not have a serious medical condition and that he will continue to run the search giant. Page delivered the news in an email to employees Thursday after skipping the company's annual shareholder meeting that day, the Wall Street Journal reported . In the email, Page said: "There is nothing seriously wrong with me. " Page has been having trouble with his voice, said Executive Chairman Eric Schmidt, who filled in for him Thursday.
BUSINESS
June 26, 2013 | By Paresh Dave
Leaving the front door unlocked is a risky move. And that risk is the same with smartphones running Android, Google's open operating system. Android phones come with unlocked doors, allowing them to install applications found almost anywhere online. But when downloading applications from somewhere other than the Google Play store, Android device users must be more cautious than ever, according to Juniper Networks third annual Mobile Threats Report . People who create viruses and other malicious software, or malware, for mobile devices have targeted Android because it has become the dominant mobile operating system worldwide.
BUSINESS
April 1, 2011 | By Jim Puzzanghera, Los Angeles Times
Microsoft Corp. said it was filing a formal antitrust complaint in Europe against Google Inc., alleging the Internet giant is squelching competition by limiting access to some of its data from YouTube and other services. The complaint will be filed as part of the European Commission's ongoing antitrust investigation, launched in November, into whether Google has abused its dominance over Internet search in Europe at the expense of rivals. Microsoft said it was the first time it had ever filed an antitrust complaint against a rival, and the move was another salvo in a bitter, long-running battle between the technology titans.
BUSINESS
October 14, 2010 | Bloomberg News
Google Inc. said third-quarter profit increased as businesses spent more on advertising for online consumers. Net income rose 32 percent to $2.17 billion, or $6.72 a share, from $1.64 billion, or $5.13, a year earlier, Google said. Profit excluding some items was $7.64 a share, compared with the $6.68 average of projections compiled by Bloomberg. Google, even amid a sluggish rebound in U.S. economic growth, is benefitting from increased spending on search-based ads as it pursues opportunities in mobile communications and display advertising.
OPINION
November 8, 2007
Having watched Apple put its stamp on cellphone design, Google is now trying to make its mark on cellphone software. The company, joined by 33 manufacturers and network operators, is creating a standard set of mobile phone programs -- including the operating system and the user interface -- that other companies can easily enhance with their own applications.
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