Google says it generated $80bn for American businesses in 2011 October 1, 2012 - 22:27 AMT PanARMENIAN.Net - Google said Monday, Oct 1, that it generated $80 billion for American businesses, website publishers and nonprofits in 2011, up 25 percent from 2010, CNET reports. In a report published to its Economic Impact page, the company estimated the benefits to its advertisers and partners using three measurements: revenue received from AdWords on Google.com search results in 2011; dollars paid to AdSense partners; and in-kind donations made to nonprofits through its Google Grants program. The company breaks down the impact for each state using nifty HTML5 animations accompanied by fun facts - California received $20 billion in activity for some 320,00 businesses, Google said, or enough to buy every Californian a search board. Google said the $80 billion estimate is conservative. It omits the cost savings for consumers who find what they're looking for more easily than before, for example. It also does not include the impact of Google employees' own spending, or the impact of Google products like Maps and YouTube. The report marked the third time Google has released an estimate of its economic activity. Partner news  Top stories The validity period of BIT service is 30 days; the service cost is AMD 2500, with the maximum Internet speed of 384 kbps. The next generation iPad will keep its 2048 x 1536 Retina display by using a thinner 0.2mm piece of glass. Apple uses two conventional offshore tax practices typical of multinational companies' tax-avoidance strategies, the report said. Apple joined the Fair Labor Association in 2012 after being slammed with criticism over the working conditions at Foxconn.   Partner news |  Latest news Russian expert rules out Karabakh war renewal by Armenia  Alexander Krylov: the possibility of the renewal of Karabakh war should not be exaggerated in the face of the balance of power.German scientists ready to include Armenian petroglyphs in UNESCO list The scientists conducted a survey of ancient rock art, with a database of Armenian petroglyphs to be later developed.OSCE Minsk Group Co-Chairs won’t visit Artsakh French Co-Chair of the OSCE Minsk Group Jacques Faure said the co-chairs are not planning a visit to Nagorno Karabakh.Baku says OSCE Minsk Group activity yielded “certain results” Bahar Muradova says the report of the political committee of the OSCE PA summer session comprises provisions on the conflict. |
