The recession is continuing to hit even mighty Google, which is shutting down its three-year foray into the print advertising business, Bloomberg reports. The operation sold space in 800 newspapers, but was hurt as budget-crunched companies slashed spending on print advertising. Google's decision will be another blow to beleaguered newspapers, but spokesmen for the internet search-engine behemoth said the company will work with publications to develop internet advertising.
(More Google stories.)