Google revenue climbs 26 percent

Google included a bombshell in its earnings report today (namely that co-founder Larry Page will replace current chief executive Eric Schmidt), but in addition to the big news the company also shared its earnings numbers as usual — and as usual, they exceeded analyst estimates.

The Internet advertising pie is still growing

A new report sponsored by the Internet Advertising Bureau paints a hopeful picture of the online ad landscape during the first six months of 2010. Ads earned a record $12.1 billion during that period, a new record and an 11.3 percent increase above revenues in the first six months of 2009.