‘Worst of recession over’ as Google exceeds expectations

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‘Worst of recession over’ as Google exceeds expectations

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10-16-2009, 01:43 PM

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‘Worst of recession over’ as Google exceeds expectations

Internet search giant Google believes the worst of the recession is over after it posted a rise in third quarter profits.Google’s results suggest that the demand for online advertising is growing after the company reported net profit of $1.64 billion (£1 billion) during the 3-month period - a 27% increase compared with the same period [...]

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