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...recent news about Google (GOOG) has been bad. Online advertising posted a slow fourth quarter. That unexpectedly included both display ads and search marketing which has made Google one of the fastest growing large companies in America. Several Wall St. analysts have commented that Google's search revenue's rate of increase flattened out in January and February. Since the consensus among experts who cover the company is that revenue will rise 11% in the first quarter, a flat quarter would be devastating...
...this point, Google is a $22 billion company. If the search business drops to a growth rate of 10% a year, it will take three years for Google's sales to get to $30 billion. From the time Microsoft (MSFT) hit $22 billion in sales in 2000, it took the company less than three years to get to the $30 billion plateau. Then from 2002 to 2008, Microsoft's sales doubled. The software business not only grew. Until recently, it grew quickly. (See pictures of Bill Gates...
With Earth Day just around the corner, The Charles Hotel is planting some green of its own by decreasing parking rates for compact cars in its garage. Starting April 22, The Charles Hotel will debut the nanoMAX small car detection system, which will gauge the size of vehicles and automatically encode the information onto the dispensed parking tickets. To reward drivers who choose environmentally-friendly vehicles, compact cars will receive a discounted rate. Normal and oversized cars will not see an increase in parking fees. “We’re constantly looking for ways to make contributions...
...United States being a voracious consumer market and the engine that drives a lot of economic growth worldwide," Obama said, hinting that this position may not be sustainable. "We're going to have to take into account a whole host of factors that can increase our savings rate and start dealing with our long-term fiscal position as well as our current account deficits." (See pictures of the global financial crisis...
...would you rate Sonia Gandhi among the world's most influential people? Vote in the TIME 100 poll...