Google sees a sharp rise in first-quarter earnings

The world's leading search engine reported $6.54bn (£4bn) in net revenue in the first quarter, up 29% from $5.06bn the same time a year ago.
Google has about a 65% share of the US search engine market and about 90% in Europe.
The firm said it would continue "to invest for the long term".
Announcing the results, Patrick Pichette, Google chief finance officer, said: "These results demonstrate the value of search and search ads to our users and customers, as well as the extraordinary potential of areas like display and mobile."

Posted in: Internet giant Google has reported a sharp rise in first-quarter earnings,the first figures with co-founder Larry Page back at the helm as boss.