Bits: Googleâs Loss Is Murdochâs Gain
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One drag on Googleâs earnings in the fourth quarter was the payments it was required to make to social networks, especially MySpace. The money it made didnât cover the guarantees.
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Letter: Google&#8217;s Writely saved the day for journalist.
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For investors in Google Inc., it's the roaring '90s redux. Shares of the Web search giant leapt 15.43 percent yesterday, on the heels of a 6.33 percent spurt the previous day, even as the broader financial markets continued to retreat. By the time they closed at $172.43 yesterday, Google shares had more than doubled in value since the company went ...
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Last week saw a significant development in the online video distribution industry, as search giant Google acquired online video sharing site YouTube in a share swap valued by analysts at over $1.6bn.
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Shares of Google leaped $15.34, or 18 percent, to $100.34 on the Nasdaq exchange yesterday in an opening day of trading that harkened back to the wild run-ups of the dot-com era.
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With Dow Jones acquired, Rupert Murdoch is making strategic cuts.
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The New York Times Co. lost more than $600 million in the last quarter of 2006, largely because of the diminished value of the Boston Globe, which it owns.
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Google Inc.  shares, which topped a milestone price of $500 a share last week, are overvalued and poised to fall, just like peers Amazon.com Inc.  and eBay Inc.  did, the weekly financial newspaper Barron's reported on Sunday.
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News Corp.  shareholders  learned how much revenue a closely watched Internet division  would generate -- if they were lucky enough to be invited to a  meeting in Australia last week with Chief Executive Rupert  Murdoch.
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Google&#39;s eleventh hour price adjustment might have saved it some red-faces when it finally floated last week, but it&#39;s back to earth with a bump this week.
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When Google (GOOG:Nasdaq - news - research) went public, its leaders announced that the company was happy to pursue major projects with an uncertain financial payoff.
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The broadcast companyâs loss stemmed from write-downs, breakup costs and weak advertising sales.
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SAN JOSE, California --On the cusp of its voyage into public trading, Google&#39;s initial stock price was set at $85 and its market value calculated at $23 billion--less than originally expected, but still impressive for a 6-year-old dot-com ...
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Wall Street, which forced Google, the Internet search engine, to sharply lower the price of its shares in its initial public offering in August, has decided that the company is worth a lot more today than it was then.
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Google, whose initial stock offering was delayed by the S.E.C., must prove that its success is not an accident.
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GoogleÂs shares gained $14.60, or 3 percent, to close at $509.65, passing the $500 mark for the first time.
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NEW YORK Despite voluble skepticism among investors, Google&#39;s stock jumped about 18 percent to $100.01 a share when it debuted Thursday on the Nasdaq stock market.