Thursday, May 2, 2013

GOOG: Google (GOOG +1.4%) roundup: 1) 6B hours of...

2:30 PM Google (GOOG +1.4%) roundup: 1) 6B hours of video are now watched on YouTube each month, up from 4B/month last year. RBC estimates YouTube produced $4B in 2012 revenue, up from $2.5B in 2011. 2) Asus and Acer are reportedly prepping new Chromebooks, as education market support for the platform grows even as consumer uptake remains modest. 3) Google has reportedly bought an 8% stake in P2P lending site Lending Club at a $1.6B valuation. 4) Google+ sign-in data for apps is now integrated with search results - consider it another way Google is leveraging the much-maligned social network's data to bolster other services. Read comments

GOOG price at time of publication: $832.29. Check GOOG price now »

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