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The Week We Searched For- April 13, 2012

 The Week We Searched For- April 9-13, 2012

Google Q1 2012 Report- Google announced its Q1 2012 report [1] on Thursday, reporting a 24% revenue increase year-over-year.  “We had a very strong quarter,” stated CEO Larry Page to the press and analysts, “Since becoming CEO again, I have pushed hard to focus on the big bets.”

Other interesting stats addressed in Thursday’s conference include:

Google’s board of directors also proposed a new class of stock — a two-for-one stock split.  In the postscript of the 2012 Founder’s Letter [2], David Drummond, Chief Legal Officer at Google explains the new stock structure, stating, “Each holder of a share of Class A or Class B common stock will receive one share of the new non-voting Class C capital stock. So after the dividend, a stockholder who currently owns one Class A share with a single vote will continue to own that share plus one Class C share without a vote.” The new structure would enables Google’s founders to maintain control over decision-making and its long-term business development strategy.

Facebook buys Instagram- Facebook announced [3] its acquisition of the mobile photo sharing app Instagram on Monday for $1 billion.  Instagram will remain an independent service from Facebook, but the deal will enable the two to more closely integrate their services. The deal is expected to be finalized by the end of the quarter.

comScore March 2012 Search Engine Rankings report- comScore released [4] its U.S. search market share statistics for March 2012 on Thursday.  The results show that Yahoo! was the only search engine in March to see a decrease in search queries.  While Google, Bing, AOL, and Ask all saw between a 4 and 7% increase in search queries, Yahoo! saw a 5% decrease.

Google+ Facelift- Google has announced [5] a redesign of its social network Google Plus.   Google+, not yet one year old, now has a simpler, cleaner look after the design refresh, one which many are saying bears a high resemblance to Facebook’s design. As part of the redesign, Google has moved the widgets—Photos, Circles, Hangouts, Profile, etc.—from their static positions in the top banner to a ribbon on the left hand side where users can move and organize them.  As Vic Gundotra, Senior Vice President, explains in a blog post announcing the change:

One of the first things you’ll notice is a new way to get around the stream. Instead of static icons at the top, there’s a dynamic ribbon of applications on the left. This approach comes with lots of perks, but some of our favorites include: