DARPA’s Director Quits to Take Executive Slot at Google

Tuesday, March 13, 2012
By Paul Martin

The Intel Hub
By Shepard Ambellas
March 13, 2012

The world is a mysterious place.

Regina Dugan, the director of the Defense Advanced Research Project Agency (DARPA) is quitting her pentagon funded post at the agency — trading it for a ‘senior executive’ position at the internet giant Google.

It makes you wonder just how big and powerful Google is getting, and what are they actually into.

According to Donald Melanson;

The company (Google) has just reported $8.58 billion in gross revenue for the first quarter of 2011, which represents a 27 percent increase over the first quarter of last year, but is actually a bit less than analysts were expecting. That figure also doesn’t include the company’s so-called traffic acquisition costs, however, which totaled $2.04 billion for the quarter and bring the company’s actual revenue down to “just” $6.54 billion. Net income for the quarter was $2.3 billion, which represents a more modest gain from $1.96 billion in the first quarter of 2010. Also cutting into profits quite a bit was Google’s operating expenses, which were up a hefty 33 percent to $2.8 billion — a sizable chunk of which went to the nearly 2,000 new employees the company hired during the quarter.

That’s a pretty hefty take, must be nice.

The Rest…HERE

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