
By now, along with the boy-in-the-hot-air-balloon hoax, you have probably heard that Google third-quarter earnings beat the street, indicating, as the Times put it, "Consumers are loosening the grip on their wallets and advertisers are trying to get their attention -- at least on the Internet." But, unlike like bubble boy, this is big news, and therefore deserves a second, third, and even fourth look.
The Times, for one, took the news as "the latest sign that the global economy may be on the mend."
"Investors that may have been skittish before, perhaps doubting the resiliency of Google in the recession can now relax,"