Thursday, 17 July 2014

Google's CBO is out as Q2 revenues grow

Google's CBO is out as Q2 revenues grow

Google filed its earnings report for the quarter ending June 30, 2014, posting a gross revenue growth of 22% year-over-year.


Revenue for the quarter topped out at $16 billion.


The biggest and most unexpected news to come out of the report is word that Chief Business Officer Nikesh Arora is leaving Google to join SoftBank as vice chairman of SoftBank Corp. and CEO of SoftBank Internet and Media. Arora, who participated in Google's earnings call today, has been with Google for almost 10 years.


Omid Kordestani, business founder and sales team lead, will take over Google's business organization for the time being.
















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