New York Times report:
Google Reaches $500 Million Settlement With Government
Google will pay $500 million to settle federal government charges that it has knowingly shown illegal ads for fraudulent Canadian pharmacies in the United States, the Justice Department announced on Wednesday.
That’s not the really interesting part. The really interesting part is this:
The $500 million fine covers both revenue that Google earned from the illegal advertisers and revenue that the rogue Canadian pharmacies received from American customers buying controlled drugs. Google had said in May that the fine decreased its quarterly profit by 22 percent.
The hardworking staff never claimed to be math wizards, but by our primitive calculation that adds up to a quarterly profit of $2.72 billion.
Multiply by four: $10.88 billion in profits per annum.
It Googles the mind.