Fresh off the heels that Google's stock dropped following a disappointing earnings report, Barron's writer Mark Veverka claims that all is well with the search giant -- mostly. Veverka points out that revenue is still growing, and the biggest spike in the company's costs were due to short-term legal expenses connected with the Viacom copyright lawsuit. Most critically, he notes that present economic trends indicate that search ads are the last thing companies pull back on when it comes to advertising budgets. So Google's core business is even more sound, and less volatile, than people thought. If that's possible.
And just as if the good murmured their assent, the BBC reports that for the first time, Google has become the top brand in the United Kingdom, according to surveys of both advertising professionals and ordinary consumers. As long as Google is shrugging off last week's hiccup, we might as well point out that it just bought the Russian contextual search advertising service ZAO Begun for $140 million. Now, Google can add another country to the list of authoritarian regimes it will accommodate.