Search giant Google will be ending the week on a low note; the company’s profits for the third quarter of 2012 were revealed yesterday morning US time, reflecting a sharp drop in earnings. To add insult to injury, these results were prematurely released. As a result, Google shares plunged by 9% in a mere 8 minutes, and the company lost £15 billion in value in what SEOs and fellow industry insiders are calling “the single largest plunge in stock market history”. Trading in
Earlier this month, the 2011 SMX Advanced conference got underway in Seattle, and Day 1 ended with a much-anticipated question and answer session between Search Engine Land’s Danny Sullivan and Google’s search quality boss Matt Cutts. Unsurprisingly, the agenda was largely dominated by that now-notorious bear, the Google Panda. In fact, Sullivan began the interview by revealing a large toy panda bear seated at centre-stage; a clear message to search marketing agency owners that panda-monium won’t be dying down anytime soon!