Google shares down 10%

GOOGLE Inc’s shares fell 10% in after-hours trading yesterday after the internet search giant missed Wall Street’s revenue targets, despite its revenue increasing about 25%.

The search engine giant employs about 2,000 people in Ireland.

Google’s net revenue, which excludes fees shared with partner websites, was $8.13 billion (€6.27bn) in the fourth quarter, versus $6.37bn for the same period a year ago.