Google Announced First Quarter Results, Stock Surges
Finance April 18th, 2008 - By HaochiGoogle announced their earnings for the first quarter of 2008. The reported revenues of $5.19 billion beat most analysts’ expectation. The stock jumped 20% during today’s trade to $539.41 - the “largest one-day gain” for the Google stock.
The Wall Street Journal reports that Yahoo! is “moving “closer to outsourcing its search advertising to Google”, after a successful test run of AdSense for Search on its site. I think that if Yahoo!’s really doing this, then the two companies will be interdependent on each other and eventually merge. It’s not a bad thing, but people are tired of monopolies.

