NEW YORK ( TheStreet) -- Internet search giant Google ( GOOG) blew past Wall Street's profit estimate with its third-quarter results released on Thursday, despite global economic uncertainty and concerns about an antitrust investigation.Google's adjusted net income increased to $3.18 billion, or $9.72 per share, for the three months ended in September, well ahead of a profit of $2.46 billion, or $7.64 per share, in the same period last year.
Research In Motion ( RIMM) was in the news for the wrong reasons this week, thanks to a global disruption in the BlackBerry maker's service. The outage, which started on Monday, heaped yet more pressure on the embattled handset maker. In a press conference on Wednesday, RIM blamed the problems on the breakdown of a core switch in Europe and the subsequent malfunction of its back-up system. The Canadian company, which is struggling to keep up with Apple ( AAPL) and Google ( GOOG) in the smartphone race, said Thursday that BlackBerry service was fully restored. RIM's stock ended the week up 36 cents, or 1.52%, at $23.97.