“We’re pleased to announce the launch of Android Market In-app Billing to developers and users. As an Android developer, you will now be able to publish apps that use In-app Billing and your users can make purchases from within your apps,” stated the blog post.

This new launch will greatly enhance the sale of applications in the Android market, as prior to this, Android-based app creators could only sell their apps in the app market, and the monetary transaction was also a complex process.

"YouTube has proven it can flourish in a model where there is more autonomy, and in that way I think it is an example and a potential model for other areas of the business," said new YouTube CEO Salar Kamangar.

He said that Larry Page was making sure that Google is the name that all impatient people looking for better speeds reckon with, and for this, technical help was being sought.

While analysts do not believe that Youtube has been really growing, the company said that they have seen a double jump in the revenue of the site, last year.

Reportedly, a new location tool has been added by the search engine, which will help ascertain a where a person is at the moment.

“Bing now makes use of user location to change the way search results are ordered. This means if you search for something like a restaurant, it will guess that you're looking for a match nearby where the search is being made and will automatically serve up items that fall into that category,” said a company official.

The feature is a navigational feature that was launched by its arch rival Google, in the same month last year.