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07-19-2008, 12:16 AM
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Google ad slump spreads abroad (CNN Money)
In the clearest sign yet that online ad sales growth cannot outrun a global economic slowdown, Google reported the first-ever sequential quarterly revenue decline in its U.K. business. The dip, as reported in the company's second-quarter earnings Thursday, cut into Google's overall international growth, bringing it down to 52% from 55% in the first quarter.
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Google and Microsoft Earnings Rise but Slightly Miss Estimates (Washington Post)
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Google Buys Online Ad Business in Russia (New York Times)
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