X

Quote of the day: Google: Search growth is slowing and 'organic'

CNET News staff

Google Chief Financial Officer George Reyes on Tuesday was quoted by cable network CNBC as saying overall growth is slowing at the Web search company, sending shares of Google down about 10 percent, according to a Reuters story.

"Growth is slowing and now largely organic," Reyes said. "The search monetization gains have now been largely realized."

Reyes also said Google will have to "find other ways" to boost revenue. Click here for full story.