Topic: Patrick Pichette

SearchCap: Google On HTTPS, Apple & Google Deal & Bing With NCAA

Below is what happened in search today, as reported on Search Engine Land and from other places across the web. From Search Engine Land: Patrick Pichette, Google’s CFO To Retire Google’s long term CFO has told the company he wants to retire over the next six months but will help the company find a replacement. […]

Google Kills The Quarter: $9 Billion In Revenue

Google had a huge Q2, with revenues of $9.03 billion — a new record. This represents growth of 32% over 2010. Net income was $2.5 billion vs. $1.84 billion during the same period last year. Here are some more highlights from the release: Revenues – Google reported revenues of $9.03 billion in the second quarter […]

Google Q1 Revenues $8.58 Billion, Some Investors Unhappy

Google had a strong Q1 with $8.58 billion in gross revenue. Net revenue was $6.54 billion. Both figures were somewhat better than some expected, although many are calling them “mixed.” Growth was 27 percent year over year. Expenses and costs were higher and some investors are expressing disappointment; Google shares are down almost 5 percent […]

Google’s Executive Reorg: Does It Matter?

As we and others reported yesterday, Google CEO Larry Page is shuffling the deck with his executive team, with a reassertion of engineering across the board it appears. Here’s the Google roster of top executives as it still reads on the site: Larry Page, CEO Eric Schmidt, Executive Chairman Sergey Brin, Co-Founder Nikesh Arora, Senior […]

SearchCap: The Day In Search, March 14, 2011

Below is what happened in search today, as reported on Search Engine Land and from other places across the web. From Search Engine Land: Twitter Says Activity Levels Are Soaring With the five-year anniversary of the first tweet approaching, Twitter says user activity is soaring. In a blog post that details tweet and account activity, […]

Google’s Top Paid Bonuses For Executives Of 2011

Business Insider reports on a recent Google SEC filing showing the top bonuses paid to Google executives in early 2011. The top bonuses do not list Google’s co-founders or current CEO, but here is what they do list. Nikesh Arora, chief business officer: $20 million in stock and $2.7 million cash. Patrick Pichette, CFO: $15 […]

Google’s $100 Million Gift To Outgoing CEO: Unusual

On Friday Bloomberg reported that outgoing CEO Eric Schmidt (now “executive chairman”) was receiving a “$100 million equity award” from Google. According to executive compensation experts quoted by the Wall Street Journal it’s “unusual” for a sitting CEO to receive such a big award. However is a larger version of equity awards given to other […]

SearchCap: The Day In Search, January 19, 2011

Below is what happened in search today, as reported on Search Engine Land and from other places across the web. From Search Engine Land: Google Knol Still Alive & Fixed, But Questions Linger About Its Future Google has fixed a bug that temporarily made Knol look like a ghost town this week. And, without exactly […]

Google Makes Modest Comeback In China

Google is making a slow comeback in China — in more ways that one. Earlier this month Google CFO Patrick Pichette was quoted in The Times of London suggesting that Google would “return” to China in a more forceful way in the not-too-distant future. The company stopped censoring its results last year  and started redirecting […]

Google Can’t Seem to Quit China

Google doesn’t really want to be out of China it appears. Despite a principled stand against censorship and the subsequent revelation that Chinese government surrogates were behind GMail hacking the company is contemplating a “return” to the Chinese market. In fact it’s still there but in a half-hearted way. Google CFO Patrick Pichette told the […]

Google Would Be Crazy To Spend $5B For Groupon

Google is sitting on more than $30 billion in cash so maybe $5 billion isn’t so much in that context. But it seems crazy (capital C) to me for Google to pay that kind of premium for the company — making it by far the largest acquisition in Google’s long history of acquisitions — despite […]

Google: Mobile Query Growth “Dramatically Higher” Than PC

During an investor and financial analyst webcast yesterday Google’s Vic Gundotra said that an “increasingly large” number of advertisers were doing mobile campaigns and that there was a “dramatic amount of interest” in mobile among those not yet advertising in mobile. Much of the webcast was devoted to demonstrating Google mobile products and initiatives and […]

Google Beats Estimates With Very Strong Q4: $6.67 Billion

Google posted a very strong Q4, given the recession, with $6.67 billion in revenues. This beats financial analyst general consensus estimates. Here are some top-level highlights from the earnings release: Revenues – Google reported revenues of $6.67 billion in the fourth quarter of 2009, representing a 17% increase over fourth quarter 2008 revenues of $5.70 […]

Showing Off “The Innovation Machine” At Google

Google is almost uniquely situated among tech companies in that it can reveal very little about an event or announcement and be all but guaranteed that most of the journalists and bloggers on the tech beat in Northern California will show up to cover it. That’s what happened today. Google brought bloggers and journalists into […]

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 Finds A CFO From “Old Media”

Google has finally filled the CFO spot being vacated by George Reyes, the outgoing CFO who has been with the company since roughly 2002 (pre-IPO). The new CFO (and SVP) is Patrick Pichette, who was President of Operations at Bell Canada.