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Google Inc. (GOOG)

  • May. 16, 2012, 1:21 PM
    A number of Internet stocks are rallying yet again ahead of Facebook's IPO, as expectations grow for a strong debut. GOOG +2.6%. YELP +2.5%. P +2.7%. RENN +4.3%. QPSA +2.7%. DMD +6.3%. LNKD +1.8%. However, top Facebook customer Zynga (ZNGA -2.7%) is giving back some of yesterday's gains.
  • May. 15, 2012, 10:57 PM
    Google (GOOG) is reportedly planning a major overhaul of its Android strategy. Instead of partnering to build a handful of devices via its Nexus line, Google will now partner with up to 5 OEMs at once on hardware sold directly to consumers. Google's objectives: create no-compromise Android gear to better compete with the iPhone (AAPL), limit OS fragmentation, prevent carriers from modifying Android devices for their own ends, and soothe partner fears related to the MMI acquisition. (earlier)
  • May. 15, 2012, 7:19 PM
    Soros Fund Management's latest 13-F shows that firm has liquidated its remaining shares of Google (GOOG) this quarter, showing no stake in the internet giant after holding 259K, its largest position, at last report. The firm also took some new positions in the financials, buying shares in the big banks JPMorgan (JPM), Goldman Sachs (GS) and Regions Financial (RF).
  • May. 15, 2012, 6:22 PM
    Why Android matters to Google (GOOG): Macquarie's Ben Schacter estimates Google pays Apple (AAPL) a 50%-60% cut on iOS searches conducted via the default Mobile Safari browser. Thus, while Google profits from iOS searches, its profits much more, on average, from Android searches. Google boasted last fall its mobile ad business is on a $2.5B run rate, though concerns have recently emerged about both its mobile ad rates and revenue-sharing deals. (also)
  • May. 15, 2012, 5:53 PM
    GM isn't the only company to see weak results for its Facebook (FB) ads: Wordstream estimates Facebook ads have an average click-through rate of just 0.051%. That's barely half the 0.1% rate typically seen for Internet ads, and a small fraction of Google's (GOOG) 0.4%. Moreover, Facebook's 6.5% Q/Q revenue decline in seasonally weak Q1 compares unfavorably with the 1% estimated increase posted by Google's display ad ops, off a much larger base. (previous)
  • May. 15, 2012, 5:29 PM
    Ahead of his successful campaign to get rid of Scott Thompson and win board seats, Dan Loeb boosted his stake in Yahoo (YHOO). Loeb's Third Point LLC held 70.5M Yahoo shares at the end of Q1, compared with 56M shares and 10M calls at the end of Q4. Third Point also established new positions in AAPL, CSCO, and GOOG, and liquidated its positions in SNDK and WFR. (13-F)
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  • May. 15, 2012, 11:13 AM
    A proposed 790-mile wind power transmission line on the ocean floor from southern Virginia to northern New Jersey cleared a hurdle yesterday when the Interior Department opened the way for the project’s sponsors - Google (GOOG) is a major backer - to start work on an environmental impact statement.
  • May. 14, 2012, 5:07 PM
    More on David Tepper: The fund manager made big bets on tech in Q1. Tepper more than tripled his position in Apple (AAPL) to 685K shares, and boosted his Microsoft (MSFT) and Oracle (ORCL) positions by 500K and 1.1M shares, respectively. He also established new positions in GOOG, BRCM, FIO, EMC, NTAP, NUAN, MRVL, and SNDK. (13-F)
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  • May. 14, 2012, 4:45 PM
    More on Millennial Media's Q1: The company expects Q2 revenue of $37M-$38M and 2012 revenue of $173M-$176M, above Street estimates of $36.7M and $169.8M. Millennial claims it had 300M monthly unique users view its ads in March (140M in U.S.); that suggests the average user generated 10.7 cents in Q1 ad revenue. Pandora (P) and Google (GOOG) have reported seeing mobile ad monetization challenges (I, II) as well. MM -8.7% AH. (PR)
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  • May. 14, 2012, 3:28 PM
    Eddy Elfenbein's list of 13 "way, way, way overpriced" stocks: AMZN, MMI, CRM, NFLX, KO, WFM, COST, SRCL, SBUX, NKE, ARBA, CMG, ISRG.
  • May. 14, 2012, 11:01 AM
    After years of rapid growth, YouTube's (GOOG) video views have fallen 28% since December (a seasonally strong month) and are only up 16% Y/Y, per comScore. However, minutes viewed are up 52% Y/Y, as the site focuses on increasing viewer engagement through TV-like channels, and investing in and promoting professional content. (also)
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  • May. 11, 2012, 4:21 PM
    ComScore releases April U.S. rankings on where people are going to search for adult content: Google (GOOG) sites led the U.S. explicit core search market in April with 66.5% market share, up 0.1%, followed by Microsoft (MSFT) sites with 15.4%, up 0.1%, and Yahoo! (YHOO) sites with 13.5%. Ask Network (IACI) accounted for 3% of explicit core searches, followed by AOL (AOL) with 1.6%.
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  • May. 11, 2012, 1:38 PM
    Apple (AAPL -0.3%) is planning to drop the Google Maps program running on iOS in favor of a new Maps app with its own back-end. The application design is said to be fairly similar to the current Google Maps program on the iPhone, iPad, and iPod touch, but it is described as a much cleaner, faster, and more reliable experience.
  • May. 11, 2012, 10:27 AM
    YouTube (GOOG -0.2%) is considering the introduction of a premium, subscription-based video service, NY Post reports, and is holding conversations with program providers about adding more top-shelf content to its channels but putting it behind a paywall. Insiders stress the move doesn’t mean YouTube would suddenly start charging for what is already available for free.
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  • May. 9, 2012, 7:43 PM
    As Facebook warns about its mobile monetization issues, Google (GOOG) CFO Patrick Pichette argues his company's low mobile ad rates, which have contributed to its cost-per-click declines, will inevitably improve, and should eventually be higher than PC rates. The combo of location-based ads and mobile payments make mobile devices an especially valuable ad platform, in Pichette's view, and Google now has plenty of mobile experience to work with. (also)
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  • May. 9, 2012, 5:46 PM
    Samsung (SSNLF.PK) has acquired mSpot, developer of a streaming music service that supports cloud storage, and says it will pre-install mSpot's apps on its smartphones and tablets. mSpot bears a strong resemblance to Google Music, which hasn't seen an enthusiastic reception regardless, and could be another sign Samsung is trying to become less dependent on Google (GOOG) as its Android sales surge.
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Company Description
Google Inc is a web search and online advertising company. The Company offers search, online advertising, operating systems and platforms, enterprise and hardware products.