Google

Google’s Q2 Sales and Profits Beat Analysts’ Estimates Stocks Reach New High as CFO Signals at Spending Caps

Google’s Q2 Sales and Profits Beat Analysts’ Estimates Stocks Reach New High as

On Thursday Google, the Internet search giant reported its sales and profits for the second quarter. The results surpassed the analysts' estimates aiding to lift the stocks of the company to an all time high.

Ruth Porat, the new CFO of Google who joined the company after being the Morgan Stanley from Morgan Stanley hinted at further cost cutting.

Consumer Advocates Urges Federal Investigation Saying that YouTube Kids Uses Unfair Business Practices and Deceptive Advertising

Consumer Advocates Urges Federal Investigation Saying that YouTube Kids

According to some consumer advocates the YouTube Kids mobile app uses deceptive advertising and that is an unfair business practice in the kids entertainment arena and they are seeking investigations from the federal regulators.

Ruth Porat to be Google’s New CFO

Ruth Porat to be Google’s New CFO

Google's expenses are rising with its profits and so to bring a balance between both, the company is hiring Ruth Porat, who is said to be "the most powerful woman on Wall Street". Ruth will be the company's new CFO.

Ruth Porat, 57 has been well known for the role she played in harnessing costs in several areas in her 28 year term with Morgan Stanley.

Google’s Chief Financial Officer Announces Retirement Plans

Google’s Chief Financial Officer Announces Retirement Plans

On Tuesday, the chief financial officer of Google Inc. said that he has plans of retiring from his post. This will be one of the recent major changes noted in the company's higher ranks. However, many of the analysts opine that this move is not likely to cause any significant disruption in the company's working.

Google Misses Q4 Analysts’ Expectations

Google Misses Q4 Analysts’ Expectations

On Thursday, Google released its fourth-quarter earnings report that definitely did not bring a smile to the investor's face as it missed the estimate of the analysts.

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