Google reports 22% jump in Q2 revenueJuly 18, 2014 - 14:10 AMT PanARMENIAN.Net - Internet giant Google has reported a 22% jump in revenue during the second quarter period from March through June compared to a year earlier, according to BBC News. Revenue rose to $16bn and profits were up 6% to $3.4bn, said the firm in its earnings report. Strong demand for Google's advertising helped boost revenues above expectations. Google also announced chief business officer Nikesh Arora was leaving for SoftBank. Arora, who has been with Google for 10 years, will be temporarily replaced by Omid Kordestani, who who was Google's business founder and formerly led Google's sales team. Shares in Google rose by about 1% after the market closed. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham). |