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BUSINESS
December 3, 2007 | Jessica Guynn, Times Staff Writer
Found: geeks on the beach. Google Inc. has spread out like a beach towel in Santa Monica. What started in 2003 with a few dozen employees has grown into the company's fourth-largest office and fourth-largest engineering center in the U.S., with 300-plus employees in three buildings. "We have the best weather of any office in Google," said Thomas Williams, the engineering director who heads the office.
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BUSINESS
May 10, 2013 | By Ronald D. White, Los Angeles Times
Chicago entrepreneurs Jason Lucash and Mike Szymczak managed to launch a line of audio products during the recession. Their folding cardboard speakers made Time magazine's 2009 list of best inventions. National television exposure on the "Today" show and "Shark Tank" soon followed. Then they did something really surprising. They moved to California. The knock on the Golden State is that costs are too high, regulations too plentiful and the attitude toward business is generally unfriendly.
BUSINESS
June 12, 2013 | By Jessica Guynn, Los Angeles Times
SAN FRANCISCO - Google Inc. snatched a popular mobile mapping service from the outstretched hands of its Internet superpower rivals, securing its dominance in real-time navigation information. Tuesday's $1-billion deal for Waze and the weeks of fevered speculation leading up to its acquisition signal the growing importance of digital maps, apps that are shaping up to be among the most important ones people use on smartphones and tablets. Waze, which helps drivers find the fastest and easiest routes, was being wooed by Facebook Inc. and Apple Inc., among others.
BUSINESS
April 1, 2006 | From Bloomberg News
Google Inc.'s top three executives each received $1 in salary last year, and sales chief Omid Kordestani exercised stock options worth $287.9 million. Co-founders Sergey Brin and Larry Page and Chief Executive Eric Schmidt each received a $1 salary, the Mountain View, Calif., firm said in a Securities and Exchange Commission filing. Kordestani received $1.02 million in compensation last year, including a $175,000 salary and a $837,956 bonus, the filing said.
BUSINESS
August 16, 2005 | From Bloomberg News
Google Inc. boosted the amount it plans to spend on computers and offices this year by 17% as it adds new services and expands outside the U.S. Capital spending will rise to more than $700 million this year, up from a May forecast of $600 million, Google, based in Mountain View, Calif., said in a filing with the Securities and Exchange Commission.
BUSINESS
October 26, 2007 | From Times Staff and Wire Reports
Google Inc. must defend an infringement suit filed by American Airlines, which claims its trademarks are violated by the company's advertising program. The motion by the search-engine giant to dismiss the case was denied in federal court in Fort Worth. American, a subsidiary of AMR Corp., is the biggest U.S. firm to sue over Google's AdWords program, which lets firms place ads next to search results.
BUSINESS
June 28, 2006 | From Reuters
Google Inc. is expected to unveil today an online payment system called GBuy, which analysts say will allow merchants to accept payment for services and could become a broad-based alternative to EBay Inc.'s popular PayPal. Danny Sullivan, editor of SearchEngineWatch.com, said he expected Google to target online merchants rather than consumer-to-consumer payments, which is PayPal's traditional strength.
BUSINESS
November 3, 2006 | From Reuters
Google Inc. aims to close the gap between the classic way people get e-mail -- sitting at a computer -- and the slow-as-molasses reality of receiving e-mail on cellphones, the company said. The Web search leader, based in Mountain View, Calif., is introducing a custom version of its Gmail service that can run on any phone with Java software. "Because it is an application and not running through a browser
BUSINESS
August 22, 2007 | From Bloomberg News
Search engine Google Inc. lost a bid Tuesday to dismiss a lawsuit over claims it overcharged for advertisements that accompany Web search results. The lawsuit was filed by CLRB Hanson Industries. Google sells the ads in auctions in which companies bid the amount they're willing to pay when users click on ads. U.S. District Judge James Ware in San Jose let two of four claims by CLRB stand.
BUSINESS
March 17, 2006 | From Bloomberg News
Google Inc. said it extended time for negotiations with Time Warner Inc.'s America Online unit over a $1-billion investment in AOL and a related advertising agreement. The companies agreed to extend the time for closing the deal to today and may put off the closing date again, Google said in a regulatory filing. In exchange for its $1 billion, Mountain View, Calif.-based Google would receive a 5% stake in AOL.
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