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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.
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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.
BUSINESS
May 2, 2006 | From Bloomberg News
Mountain View-based Google Inc. raised concerns to the European Commission over Microsoft Corp.'s new Internet browser, which directs Web surfers to Microsoft's search site. The European Commission is investigating Vista, the next version of Microsoft's Windows operating system. Microsoft spokeswoman Stacy Drake said the company was "fully committed" to supporting search engine options in Internet Explorer and would ensure users could easily choose from a very long list.
BUSINESS
March 26, 2008 | From Times Wire Services
Facebook Inc., the second-most-popular social-networking site, hired an executive from Internet search leader Google Inc. for the second time this month. Ethan Beard, who was director of social media at Google, will help run business development at Palo Alto-based Facebook, the company said. Facebook named Google veteran Sheryl Sandberg operating chief March 4.
BUSINESS
June 7, 2007 | From Times Staff and Wire Reports
Google Inc. extended its lead over Yahoo Inc. in the global Internet-search market, according to ComScore Inc. Google accounted for 67% of queries worldwide in April, up from 66.3% the previous month, while Yahoo slipped to 18.8% from 19.2%, the research firm said. Microsoft Corp. remained at 7.7%.
BUSINESS
January 23, 2007 | From Reuters
Google Inc. said it would expand testing of its much-anticipated video advertising system by working with two major music labels to embed video ads on websites. Google said it would distribute advertising alongside videos from Sony BMG Music Entertainment and Warner Music Group over its AdSense online ad system to website publishers as part of a four-week test.
BUSINESS
September 11, 2004 | From Bloomberg News
Fidelity Investments, the world's largest mutual fund manager, has bought about $533 million of Google Inc. stock, or about 1.9% of all shares of the Internet search engine owner. Boston-based Fidelity reported in a filing with the Securities and Exchange Commission that it held 5.21 million Google Class A shares, or 16% of that class. Shares of Google rose $3.02 to $105.33 on Nasdaq.
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