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Google profits surges on growing ad revenue
SAN FRANCISCO — Google on Thursday reported that its quarterly profit surged to $2.79 billion on rising online advertising revenue, besting Wall Street expectations. The California-based online search titan said that its profit rose 11 percent in the quarter ended June 30 as consolidated revenue climbed 35 percent to $12.21…
U.S. newspaper ad revenue down 7.3% in 2011
WASHINGTON — US newspaper advertising revenue fell 7.3 percent last year to $23.94 billion, according to figures released Thursday by the Newspaper Association of American, continuing a six-year slide. Print advertising revenue fell 9.2 percent to $20.69 billion compared with the previous year while online advertising revenue rose 6.8 percent…
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