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...