Topic: Omid Kordestani

Court Documents Show Google Paid Apple $1 Billion For Safari Default Placement

In 2013, Morgan Stanley and Macquarie Capital estimated that Google was paying Apple around $1 billion annually for the privilege of being the Safari default search engine. Turns out they were right. According to a Bloomberg report citing court documents and testimony in Oracle’s copyright suit against Google, “Apple received $1 billion from its rival in […]

Google Q1 Revs $5.5 billion, Down 3 Percent Vs. Q4

Although revenues grew 6 percent compared with Q1 2008, Google suffered its first quarter-over-quarter decline (3 percent), as it announced Q1 revenues this afternoon. From the press release: Revenues – Google reported revenues of $5.51 billion in the first quarter of 2009, representing a 6% increase over first quarter 2008 revenues of $5.19 billion and […]

Google To Cut 200 Sales & Marketing Staffers

Google has just announced plans to cut almost 200 people from the sales and marketing teams around the world. According to the announcement, the affected employees will be given time to find new positions at Google and/or help in locating a job elsewhere. They’ll also give severance packages to those who leave the company. Says […]

Dennis Woodside Fills Tim Armstrong’s Position At Google

Approximately five days after Tim Armstrong left Google for AOL, Google has filled his position. paidContent.org reports Dennis Woodside is the successor and will be the new VP-Americas Operations at Google. Woodside, a Googler for five years, was most recently Google’s Vice President for the UK, Ireland and Benelux. He will be transitioning into his […]

Megachart & Analysis: Google Executive Management Changes, 2000-2008

With two high-ranking Google executives leaving the Big G within a month’s time, I thought it would be interesting to go back through Google’s executive management page over the years and see how it reflects changes among the higher-ups. Below, there are a series of tables and commentary that hopefully let you understand the shifting […]

Search, Ads And Apps: The Google Q3 2007 Results

Google’s combo of search, ads & apps gave it a very strong Q3. Here’s the top-line from the press release: Google reported revenues of $4.23 billion for the quarter ended September 30, 2007, an increase of 57% compared to the third quarter of 2006 and an increase of 9% compared to the second quarter of […]

Gates, Brin & Page: Top 5 Richest People In Forbes 400

Forbes released its latest The Forbes 400 list, and among the top ten richest Americans are Microsoft’s Bill Gates and Google’s Sergey Brin and Larry Page. Gates topped the list at number one with a net worth of $59.0 billion. Sergey Brin is listed at number five, with a net worth of $18.5 billion. Larry […]

Google & Yahoo Execs Stay On $1 Salary

There is this theme in the technology world where high-profile executives get an annual salary of $1. Apple’s Steve Jobs has been earning one dollar for years. Google’s CEO Eric Schmidt and co-founders Larry Page and Sergey Brin earn $1 each, as well. Even, Yahoo’s CEO Terry Semel makes a whopping $1 per year. But […]

Google Reports Revenues Up 19 Percent From Previous Quarter

Google begins its earnings call for the fourth quarter of 2006 in about 10 minutes, but the earnings are out now. You’ll find them here from the US Security & Exchange Commission and here from Google itself. Further below, live blogging from the conference call, a formal transcript, a round-up of news articles and more.