Google’s fourth quarter results shine after ad rate decline

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    Anonymous

    Technology News

    File photo of an employee riding her bike past a logo next to the main entrance of the Google building in ZurichSAN FRANCISCO (Reuters) – Revenue from Google Inc's core Internet business outpaced many analysts' expectations during the crucial holiday quarter and advertising rates fell less than in previous periods, pushing its shares up more than 4 percent. The world's largest Internet search company introduced new product listings during the fourth quarter – typically its strongest – and also benefited from business growth in international markets, analysts said. Excluding traffic-acquisition costs, the business generated net revenue of $9.83 billion, up from $8. …


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