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• Schmidt to step aside as Google CEO, Page taking over

  Google co-founder Larry Page will take over as Google CEO in April from Eric Schmidt, who will remain with the company as executive chairman.

• Schmidt to step aside as Google CEO, Page taking over

  Google co-founder Larry Page will take over as Google CEO in April from Eric Schmidt, who will remain with the company as executive chairman.

• Google's goals this year are all mobile, CEO says

  All of Google's strategic initiatives this year are about mobile, the company's CEO, Eric Schmidt, wrote in a guest article for the Harvard Business Review titled "Preparing for the Big Mobile Revolution."

• Android surpasses iOS: Millennial

  Shortly after tying with Apple's iOS for first place among smartphone operating systems hitting Millennial Media's mobile advertising network, Android is now firmly in first place.

• Investors pump $950M into Groupon

  Groupon has completed its US$950 million funding round and the money will be used to improve its technology infrastructure, continue its business expansion and let employees and existing investors cash out stock, the online coupon provider said late Monday.

• Apple releases iAd producer, takes aim at Adobe Flash

  Apple's clash with Adobe over Flash is far from over. Apple released iAd Producer, a tool for online advertisers to create content for Apple's iAd platform, helping the company to establish HTML5 as a viable alternative to Adobe Flash technology on mobile devices.

• Google, Microsoft ad networks briefly hit by with malware

  For a brief period this week, cybercriminals managed to infect Google's and Microsoft's online ad networks with malicious advertisements that attacked users' PCs, according to security consultancy Armorize.

• Google: China will help lead the Internet revolution

  Google may have shutdown its China-based search engine months ago, but the U.S. company is still keen on providing new web services for users in the country.

• Analysts: $6B for Groupon a bad deal for Google

  Google would be overspending if it paid north of US$5 billion to acquire online coupon provider Groupon, according to various industry analysts.

• US online ad revenue shoots up 17 percent in Q3

  Online advertising spending in the U.S. continued to accelerate in the third quarter, as the market rebounds from a slowdown last year.

• Facebook punishes developers for passing on user IDs

  Facebook is punishing several application developers for passing certain information to a data broker in the latest move by the social networking site to control growing concerns over privacy.

• Yahoo sees modest revenue growth in Q3

  Yahoo's revenue grew slightly in the third quarter, even though the online advertising market has rebounded this year, as the Internet pioneer's ability to turn its fortunes around remains in question.

• Q flags improvement in FY11 results

  Interactive advertising company Q Limited's (ASX:QXQ) FY11 earnings will likely improve barring unforeseen circumstances, according to CEO Paul Choiselat

• Yahoo to lose three executives

  Yahoo confirmed that the head of its North American business, Hilary Schneider, plans to leave the company.

• Google upgrades Instant with keyboard navigation

  Google's Instant, a new feature that predicts search queries as people type them and refreshes results and ads accordingly on the fly, will be extended to 12 new countries, bringing the total to 19 countries.