BUSINESS
June 27, 2012 | By Hayley Tsukayama
Google Chief Executive Sergey Brin took a turn onstage Wednesday at the company's developers conference, showing off the latest news from the Google Glass team. The big announcement: Google Glass will be available for pre-order to U.S.-based developers — not consumers — who attended the show and will cost $1,500. The devices will be shipped early next year to those early developers who want to try it out. Google Glass, for those who need a refresher course, is Google's, well, glasses, which act as a heads-up display and a video camera...
BUSINESS
May 30, 2012 | By Nathan Ingraham | TheVerge.com
Sergey Brin hasn't been afraid of taking Google's Project Glass augmented reality prototype out on the town . Most recently, Brin brought Project Glass to an interview with California Lieutenant Governor Gavin Newsom on The Gavin Newsom Show — in a short clip, Brin actually lets Newsom try Project Glass on for himself. In a quick exchange, Brin tells Newsom how he just took a photo without his interviewer even noticing; Newsom wanted proof, so Brin just let him try the...
NATIONAL
May 25, 2012 | By VentureBeat.com
Google has debuted the first video taken with its new set of eyewear from its Project Glass project. And for those of you who haven't been keeping up, Project Glass' sci-fi-looking glasses allow a person to do many of the same things you do with your smartphone, except without the need of a separate device. The eyewear will display user interfaces for different programs, allow you to snap pictures , and as we said, even record live video that is likely to cause nausea in...
BUSINESS
May 18, 2012 | By Hayley Tsukayama
With Facebook now on the market with a $104 billion valuation, how will the brainchild of co-founder Mark Zuckerberg move ahead as a public company? At 28, Zuckerberg has seen the project he began building with other students in a college dorm room become the subject of an Oscar-nominated film, the focus of frenzied investors and a central part of the daily lives of nearly 1 billion users — 901 million, at last count. His personal stake in Facebook is now worth around $19.1 billion, making him richer...
BUSINESS
April 12, 2012 | By Chris Ziegler | The Verge
As mentioned in the company's Q1 earnings statement today, Google is working on a new stock structure that will effectively amount to a 2-for-1 split: existing shareholders will receive one share of a new non-voting class for each share they presently own — and this year's Founders' Letter from Larry Page and Sergey Brin is focused on defending the move. Much of the defense rides on a reference in a similar letter from 2004 — around the time of the company's blockbuster...
BUSINESS
April 12, 2012 | By Hayley Tsukayama
Google shares were up 2.4 percent in after hours trading following the company's Thursday report that its revenue climbed 24 percent to $10 billion, beating analyst estimates. Net income for the quarter was $2.89 billion, up $1.8 billion from the same period last year. The company also announced that it would authorize a 2-for-1 stock split, which the company said would "preserve the corporate structure that has allowed Google to remain focused on the long term. " The move is a dividend...