Google announces strong profit rise day after its first UK acquisition

Proof that online advertising spending has remained resilient throughout the wider economic downturn came today when Google announced its latest batch of financial results. The search giant registered a year-on-year revenue rise of 23 per cent, with revenue of US$6.77billion … Continue reading

eBay boss pockets 58 per cent pay drop amid disquiet about site alienating sellers

eBay customers have vented their anger at the company’s Chief Executive, despite the company revealing that his and other top executives’ pay fell sharply in 2009. As a result of the e-commerce company issuing smaller stock and option bonuses, John … Continue reading