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Google Announces Financial Results; Revenue Up 57 Percent

October 18th, 2007 at 3:30 pm

Source:Mashable!
Automattic, the company behind the WordPress blogging platform, reportedly has its investors on its case, possibly pushing for a sell. Automattic is currently being courted by a few companies, including Velocity Investment Group, but it looks like no decisions have been reached.
Is Automattic holding out Facebook-style? After the recent acquisition of […]Source:Mashable!
Google has announced its financial results for its most recent quarter. Revenue shot up 57 percent from last year to $4.23 billion, while net income totaled $1.32 billion. Google-owned sites (i.e. - not partner sites or AdSense publishers) accounted for 65 percent of total revenue. Google’s hiring spree continued during the quarter: […]

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