googleThe recession officially takes a toll on Google. The Mountain View company was predicting that the current economic downturn may hit them. The cost cutting measures were on the chart especially like by making a heck of lay off and terminating some services in recent times. But as the results come out, Google's revenue, almost all of which comes from advertisements placed next to related search results, rose 6% from a year earlier but slipped 3% from the fourth quarter. Something around $ 4 Billion was take home profit for Google. Though Google's slowdown in the advertising sector is looking good considering other companines in average are going to have a 5-5.5% downfall, another thing that concerns Google is the top executives have started stepping down. Full article (309 words) »