Google reported a surge in quarterly profit to $2.79 billion on the back of rising online advertising revenue, beating Wall Street expectations. "Google standalone had a strong quarter with 21 percent... more 

Google reported a surge in quarterly profit to $2.79 billion on the back of rising online advertising revenue, beating Wall Street expectations. "Google standalone had a strong quarter with 21 percent year-on-year revenue growth, and we launched a bunch of exciting new products... in particular the Nexus 7 tablet, which has received rave reviews," stated chief executive Larry Page, on Thursday less