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Rev­enue strong; div­i­dends down. Google invests in ideas you wish you’d had.

Patrick Pichette, chief finan­cial offi­cer, said Google was invest­ing for what it expect­ed to be a big expan­sion in online mar­kets in the next decade. ‘We think it’s the right thing to do at the moment in the com­pa­ny.’ ” Extract from FT.com—Google prof­its fail to meet expec­ta­tions

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