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Google Chief Business Officer leaving for SoftBank


By Alexei Oreskovic SAN FRANCISCO (Reuters) – Google Inc said its chief business officer will be leaving the company, the latest high-ranking departure as the Internet company beat Wall Streets revenue target on Thursday. Shares of Google were up roughly 1 percent in after hours trading on Thursday at $580. Nikesh Arora, who joined Google nearly 10 years ago, will be joining SoftBank Corp as vice chairman, according to a post on the Google+ social network by Google Chief Executive Larry Page. Googles revenue in the three months ended June 30 totaled $15.96 billion, compared to $13.11 billion in the year ago period.

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