Google makes advances in battle with Facebook

Google defied the global economic slowdown last night by posting a 26% rise in net profits for the last quarter.The internet search engine company also claimed to be making strides in its battle with Facebook, announcing that more than 40 million users have joined Google+, its social network.To read this report in The Guardian in full, see:
www.guardian.co.uk/technology/2011/oct/14/google-advances-battle-with-facebookAlso see:Google Posts Strong Earnings and Exceeds Expectations
Google showed on Thursday that it was making money from people searching online with their mobile devices, providing evidence that it could follow users wherever they searched the Web.Google, which presented quarterly earnings that easily surpassed analysts’ expectations, reported that revenue climbed 33 percent and net income rose 26 percent. Although it does not typically break out revenue from different types of ads, it said mobile was on track to generate more than $2.5 billion in revenue in the coming year and grew 2.5 times in the last year.
www.nytimes.com/2011/10/14/technology/google-reports-strong-earnings-topping-expectations.html

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