Google plans to release a version of Google Desktop for Macs, Google CEO Eric Schmidt said on Friday. Schmidt did not set a timetable for a Mac version of the tool, saying it had to be rebuilt from the ground up for Mac OS X.
Read MoreIn its first quarterly earnings report as a public company, Google posted a profit of US$52 million, or 19 cents per share, during the three months ended in September. This compares to $20.4 million, or 8 cents per share, at the same time last year. Meanwhile, Microsoft’s earnings rose to $2.9 billion, or 27 cents per share, for its first fiscal quarter–up from a profit of $2.6 billion, or 24 cents per share, a year ago.
Read MoreThe Web is abuzz with speculation that Google is planning to introduce a Web browser. Google recently hired one of the main developers of Java, the lead developer on Avalon (Microsoft’s code name for the Longhorn user interface), and four developers who worked on Microsoft’s Internet Explorer. The company has even registered the domain name Gbrowser.com, and recently held a Mozilla Development Day at its campus.
Read MoreGoogle has reduced the price range for its initial public offering to between US$85 and $95 per share, and lowered the number of shares being sold by company executives. “The changes cut the value of the company by almost 30 percent — to $25.8 billion — compared with the high end of its initial pricing range of $108 to $135 a share,” reports CNET News.com. “Selling shareholders now stand to raise as much as $1.9 billion by offering 5.5 million shares.
Read MoreGoogle has set the price range for its initial public offering, putting itself in line to raise as much as US$3.3 billion. “The search giant set a price range of $108 to $135 a share,” reports CNET News.com. “Based on those per-share numbers and the expected issuance of 24.6 million shares, the search giant hopes to raise between $2.7 billion and $3.3 billion. That would make it among the largest-ever IPOs.
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