Google earlier this month reported its earnings for the first quarter of 2012, topping Wall Street’s estimates. The Internet giant also announced plans to create a new class of non-voting capital stock that would effectively create a 2-for-1 stock split. As a result, Google would be able to issue new shares of stock for acquisitions and employee compensation without diluting the 56.3% voting stake the company’s co-founders Larry Page and Sergey Brin control. Not everyone is happy about the planned spl...

According to Google CEO and co-founder Larry Page, the Android mobile operating system is an important asset for Google, but it is not critical. Page made the claim during courtroom testimony as he took the stand for a second day in the company’s legal dispute with Oracle. The CEO’s testimony is rather puzzling — Page has previously claimed the company’s Android platform was “on fire” and a “tremendous example of the power of partnership” that “gets better with each versio...

Walter Isaacson, the man behind the authorized Steve Jobs biography, said while speaking at the Royal Institution on Wednesday that he disagreed with Google CEO Larry Page, and Jobs’s hatred for Android was real, Macworld reported. In an earlier interview, Page indicated that the Android, Apple feud was just “for show” and merely a way to rally the troops. The CEO mentioned how he “had a relationship with Steve” and despite his declining health at the time, Apple’s co-founder ...

Steve Jobs famously vowed to spend his dying breath and all of Apple’s cash to destroy Google’s Android operating system. In an interview with Bloomberg Businessweek, Google CEO Larry Page said that despite Jobs’s rather public hatred, “the Android differences were actually for show.” Page claimed that, “For a lot of companies, it’s useful for them to feel like they have an obvious competitor and to rally around that. I personally believe that it’s better to shoot higher. You d...

Glassdoor on Friday revealed its latest list of the “Top 25 Highest Rated CEOs of 2012.” Apple’s Tim Cook took the top spot with a 97% approval rating, leading Ernst & Young’s Jim Turley, Qualcomm’s Paul Jacobs and Google’s Larry Page. “I think leadership is doing an amazing job,” said one Apple employee. “We have the best management team anywhere.” When Steve Jobs stepped down in August 2011, the late Apple co-founder garnered a cumulative approval rating of 97%, h...

Google announced its third quarter 2011 results on Friday, which surpassed analyst expectations. “We had a great quarter,” Google CEO Larry Page said. “Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion,” Page explained, noting that the company’s brand new Google+ social network now has more than 40 million users. To clarify Page’s statement, the company’s revenue was $9.72 billion, up from the $7.29 billion reported during the thi...

Speaking during a seminar in Helsinki, Nokia CEO Stephen Elop gave a gloomy response to Google’s planned $12.5 billion takeover of Motorola Mobility. “If I happened to be someone who was an Android manufacturer or an operator, or anyone with a stake in that environment, I would be picking up my phone and calling certain executives at Google and say ‘I see signs of danger ahead,’” Elop said. “The very first reaction I had was very clearly the importance of the third ecosyste...

It may seem that Google’s other Android partners would be upset by the search giant’s decision to acquire Motorola for $12.5 billion but that’s apparently not the case. Execs from HTC, LG, Samsung and Sony Ericsson spoke in support of the purchase earlier on Monday, and now HTC has issued a second statement on the deal. “We are supportive of Google’s acquisition of Motorola Mobility as this is a positive development to the Android ecosystem, which we believe is beneficial to HTC&...

Early Monday morning, Google announced that it will acquire Motorola for $12.5 billion. Google CEO Larry Page explained the acquisition will help bolster the tech giant’s patent portfolio and that his company will continue to “work with all [of its partners] to deliver outstanding user experiences.” While it may seem that Motorola will now have the upper hand in creating Android smartphones, execs from Samsung, Sony Ericsson, HTC, and LG have all issued statements in support of the acquisiti...

Google told the Superior Court in Boston last week that it did nothing illegal with regard to blocking Skyhook’s contract with Motorola. Skyhook wireless, a private Boston-based LBS company, filed suit against Google in September 2010, alleging that the Internet giant interfered with a contract the company had recently been awarded by Motorola. The deal would see certain location-based services from Google replaced by Skyhook’s solution, which, according to Google Group Project Manager Steve Lee, ...

If ever there were two contemporary corporate giants worthy of the title “game changer”, Google Co-Founders Sergey Brin and Larry Page fit the bill. Those interested in the story that started as a research project at Stanford University in 1996 and exploded into the behemoth Internet (and beyond) company we know, love and fear today, Bloomberg Television has you covered. Bloomberg TV’s original 11-part documentary series “Bloomberg Game Changers” will cover the two Googlers this ...

Regardless of how large, powerful and influential a company is, no one is recession-proof. Internet search giant Google has been laying off employees since this summer, and it has been doing so under the news radar for the most part. The SEC requires companies to disclose information regarding layoffs but apparently Google had slipped around the rule and reported its Q3 earnings as expected by saying it had cut down on “operational expenses”. Though Google officially has 20,123 employees, there ar...