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Google Inc missed Wall Street's quarterly profit estimates for the first time in two years after a spike in expenses offset a 24 percent revenue jump, but it vowed to keep investing in new businesses to drive long-term growth.

Google Inc missed Wall Street's profit estimates in its second quarter after a spike in expenses offset a 24 percent revenue jump, a rare stumble for a company accustomed to shattering financial expectations.

Investors have muted expectations for Google Inc's second-quarter results, as economic clouds and shifts in the company's strategy dampened hopes that it will beat Wall Street estimates.

(Corrects analyst's affiliation in last paragraph to ThinkEquity instead of Kaufman Brothers)

Investors have muted expectations for Google Inc's second-quarter results, as economic clouds and shifts in the company's strategy dampened hopes that it will beat Wall Street estimates.

Options activity on Google Inc suggests about a 4 percent move in the stock with a moderate upside bias following the Internet giant's earnings report due after the bell on Thursday.

China's Ministry of Industry and Information Technology said it had renewed the Chinese operating license of Internet giant Google Inc, confirming an announcement made by the company on Friday.

China gave Google Inc approval to keep operating its Chinese search page, resolving a months-long censorship dispute that had threatened its future in the world's top Internet market.

Stocks edged higher on Friday, headed for their best week in a year, as investors looked forward to the start of the earnings season after weeks of selling.

The Dow and S&P 500 were little changed on Friday as the S&P was headed for its best week so far this year and investors looked ahead to the start of earnings season.

Google Inc said on Friday that the Chinese authorities had renewed its license to operate a website, averting a potential shutdown of its flagship search page in the world's biggest Internet market.

Google Inc Chief Executive Eric Schmidt rejected any notion that Apple Inc or Facebook presented a threat to the web search leader's business.

Google Inc, which is at the heart of a controversy over its data collection methods, has decided to resume gathering images in four countries for its Street View mapping service.

Google Inc Chief Executive Eric Schmidt expressed confidence the company will secure a license to operate a website in China, confounding speculation Beijing may shut down its flagship site there.

SUN VALLEY News Corp digital chief Jonathan Miller said on Wednesday his company is not in talks to sell its once popular social networking site MySpace and described reports of any discussions as fabrications.

Google's application to renew its webpage license in China is currently under review with no set deadline, a government official said on Wednesday.

Google's application to renew its webpage license in China is currently under review with no set deadline, a government official said on Wednesday.

News Corp is in talks with Google Inc, Microsoft Corp and Yahoo Inc about advertising on MySpace, as an existing contract with Google ends, the Wall Street Journal reported on Monday.

Google Inc. has fixed a flaw in the YouTube code that allowed hackers to redirect users of the popular video-sharing site to adult websites and launch fake pop-up messages.

Google Inc plans to buy one of the Web's key providers of airline travel software for $700 million, potentially raising new antitrust concerns for the world's largest Internet search engine.

Google Inc plans to buy one of the Web's key providers of airline travel software for $700 million, potentially raising new antitrust concerns for the world's largest Internet search engine.

Digital market research firm ComScore Inc acquired the products division of Nexius Inc, a provider of network analysis focused on the experience of wireless subscribers, to strengthen its product line-up targeted at wireless carriers.

Google Inc has agreed to buy travel industry search-provider ITA Software for $700 million in cash, twinning its dominance in Internet search with ITA's widely used technology.

China's foreign ministry said on Thursday it had no comment on Google's decision to end automatic rerouting of users to its uncensored Hong Kong search portal, but that all Internet operators had to abide by local laws.

Google's application to renew its operating license in China is being reviewed by the government and the results will be posted soon, Chinese state media reported.

Google Inc could face further pressure for its other products in China as Beijing is due to decide whether or not to renew a license for the firm's flagship search engine in the world's largest Internet market.

France's antitrust regulator accused Google Inc of a lack of transparency over its keyword advertising service and ordered it to clarify conditions for the product within four months.

Google Inc said it will end the automatic redirection of users from its China portal within the next 24 to 48 hours, while Beijing kept silent on whether the move would allow Google to keep its China business.

Google Inc's talks to buy ITA Software, an airline IT and services provider, has travel executives worried that the search engine giant could wield too much power in their industry.