Google gains billions in value as YouTube drives ad growth

Google's class A shares chalked up their largest single-day percentage change in more than seven years on Friday. The rise in Google's market value was more than the total market capitalization of Caterpillar Inc , the world's biggest construction equipment maker

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South Africa’s Naspers says has no plans to sell Polish unit Allegro

South African media and internet group Naspers has no plans to sell its Polish business Allegro, a spokeswoman said on Friday, denying a report that the online auction site was on the block. Reuters reported this week that Cape Town-based Naspers was looking to sell its Polish operations, including Allegro, Eastern Europe’s largest web auction service

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