Google operates the leading search engine for the Internet with a 67.3% market share of all Internet searches according to research firm Comscore. Google lets users search billions of web pages quickly and easily.
Google earns revenue almost entirely from advertising along its search results and ads place on websites. The company offers Adwords, a self-service tool which lets users bid on ads based on keywords and pay a per click fee.
The company also offers an affiliate program called Adsense where online publishers can run text and graphic ads on their sites and share revenue generated per click or page view. Tens of thousands of websites participate in Adsense allowing them to earn money from Google ads. The company said advertising placed on Adsense sites made up one-third of company revenue. Google pays out 68% of revenue from ads clicked to publishers.
Google is seeing strong growth on mobile ads as more people use smartphones and tablets for searches.
In addition to web search, Google offers the ability to search photos, shopping sites, satellite mapping, blogs, free e-mail and more.
Google has developed its own Internet browser called Chrome and its own software for smart phones known as Android. Several phone manufacturers have built smartphones and tablet computers with Google's Android software and has become the leading platform for smartphones globally.
YouTube, the Internet's leading site for video and a Google subsidiary, has over 1 billion visitors per month.
For 2013, Google reported record revenues of $59.8 billion, up from $50.17 billion. Net income was $12.92 billion.
On a worldwide basis, the company said it had 47,756 full-time employees (43,862 in Google and 3,894 in Motorola Mobile) as of December 31, 2013.
Google announced plans to sell its Motorola Mobility division to Lenovo for $2.91 billion in 2013 after buying it in 2011 for $12.5 billion.
In January, Google announced it would buy Nest, a maker of programmable thermostats, for $3.2 billion.
Google was ranked The Best Company to Work for in America by Fortune magazine for 2014 and also the most desirable employer for college students.
Google was founded in 1998 by Sergey Brin and Larry Page, two computer science graduate students from Stanford.
Google is a play on the word googol, which was coined by Milton Sirotta, nephew of American mathematician Edward Kasner, and was popularized in the book, Mathematics and the Imagination by Kasner and James Newman. It refers to the number represented by the numeral 1 followed by 100 zeros. Google's use of the term reflects the company's mission to organize the immense, seemingly infinite amount of information available on the web.
The Google search engine offered great technology but the company wasn't earning any money until 2000 when it introduced Adwords, a self-service program to let users buy advertising along search results. Ads were text-based and would show up along keyword results. In 2002, Google revamped Adwords to allow users to pay on a cost-per-click basis. The price of ads would depend on the popularity and demand from bidders per keyword.
In 2003, Google launched Adsense, a program that allows other websites to syndicate ads from Google on their site. Now, thousands of websites run ads from Google and receive a percentage of the cost-per-click.
The company went public in August 2004 in a highly anticipated, Dutch- auction IPO.
Google acquired YouTube in 2006, a web site that lets users view and upload thousands of video clips, for $1.65 billion in stock. It also bought Internet advertising company DoubleClick for $3.1 billion.
Google acquired Motorola Mobility, maker of cellphones and tablets, for $12.5 billion in 2011.
In 2013, Google acquired traffic app Waze for over $1 billion.
Google is known for providing great benefits including free breakfast, lunch and dinner at headquarters provided by gourmet chefs. Employees who live in San Francisco and East Bay can get a free shuttle bus to work equipped with Wi-Fi.
The following are benefits for California employees:
Google's benefit package includes Benefits Alliance medical insurance which allows you to enroll in one of the plans listed below.
HMO health care premiums are 100% paid for employee. Same sex domestic partner coverage is also available. Most benefits are effective on your date of hire.
New hire employees will be recommended to be granted an option to purchase shares of Google stock. Your option price will be based upon the fair market value as determined by the Board of Directors on the date of grant.
Pre-Tax Savings Program
Other Great Benefits
***These benefits do not apply to the Newport and Santa Monica offices.
Updated February 9, 2014