Google's Profits Up 9%

Google is reaping the benefits of a shift to online advertising from traditional media as well as a cost cutting drive.

Google’s profits rose by 9 per cent in the first quarter as it reaped the benefits of a shift to online advertising from traditional media, as well as a cost-cutting drive. Yet the internet search giant’s revenue growth fell to its slowest pace since it went public nearly five years ago.

Information from 'The Times'