Yandex is planning to go to the stock exchange market and obtain 1.5-2 billion dollars of funds.

Aug 12, 2008 by Herman


The biggest Russian search engine Yandex is planning to obtain funds of 1.5-2 billion dollars by initial public offering at the trading ground in New York. IPO is planed for this fall.

According to the source the evaluation data is based on the tentative price of 5 billion dollars, as this is the limit of Yandex capitalization in case of successful distribution.

Barack Obama paid Google almost 3 million dollars

Aug 11, 2008 by Herman


The presidential candidate Barack Obama spent about 2.8 million dollars on advertising through Google AdWords. This amount was recorded by the US Federal Election Commission.

The election staff of the candidate chose on-line advertising as one of efficient techniques of promoting the candidate. To attain the aim, besides Google search advertising in Yahoo as well as advertising on DrivePM and Quig from AOL were used.

Google Earth service has begun to reflect the predicted climate changes

Aug 10, 2008 by Herman


The users of electronic atlas Google Earth are now able to view information about the predicted climate changes on our planet up to the end of the century. The new project has been named Climate Change in our World and has been the result of joint work of the Google company, British Meteorological Agency and British Society of Antarctic Research.