Japan’s SoftBank Corp is in talks to acquire DreamWorks Animation, the Hollywood studio behind the Shrek and Madagascar movie hits, a person with knowledge of the situation said.

Google is not immune to setbacks caused by the global shift to mobile computing.

Google chairman Eric Schmidt’s pay packet more than doubled to $19.3m (€14m) last year as a new compensation plan reduced the total amounts for three other top executives.

Google said its overseas tax bill rose sharply last year, while sales in Britain, its biggest foreign market, hit a record $5.64bn (€4.12bn).