Android is growing by leaps and bounds… but its revenue is a different story.

According to coverage provided Friday from Reuters, Google’s Android mobile platform resulted in a net loss for the company in every quarter of 2010.

Google, which doesn’t publicly report financial information about Android, had some of the beans spilled yesterday in court as litigation lingered on between Oracle and Google regarding smartphone technology.

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YouTube is taking web-based entertainment to the next level.

This week, the Google-owned video sharing platform held a celebrity-packed gala for advertisers as it launched its $100 million in investments in new channels that will deliver premium entertainment.

According to AdAge, YouTube also unveiled a “$200 million campaign across Google’s Content Network to push those channels — meaning online ads promoting the nascent entertainment brands will start appearing in a big way.”

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According to a new report published Thursday by Ovum, smartphones will outperform the overall market for mobile phones, growing at a compound annual growth rate of 24.9% between 2011-17.

If that projection manifests, it will mean that smartphone shipments will reach 1.7 billion units by 2017.

Predictions show Android as the dominant operating system over the next five years as handset vendors rush to make it their primary smartphone platform.

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A new case study made a splash on Millennial Media’s website Wednesday, as the success of a recent campaign with developer ngmoco is coming to light.

The campaign in question was designed to promote ngmoco’s Blackjack app and drive Android App Downloads.

The effort took aim at 25 different Android devices and, as it turns out, succeeded at driving well over $35,000 downloads in less than a month.

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Despite being only 6 months old, Amazon’s Kindle Fire is quickly coming to dominate the slate of Android-powered tablets on the market today.

On Friday, comScore unleashed the next generation of its Device Essentials service, offering new insight into global digital device usage.

So what are some of the most interesting finds? Within the Android tablet market, Kindle Fire has almost doubled its share in the past two months from 29.4 percent share in December 2011 to 54.4 percent share in February 2012.

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Google’s popular web-based language translation platform aptly dubbed Google Translate is a very popular online destination from desktop and mobile devices alike.

According to an announcement today from the Internet search giant, Google Translate now sees 200 million users… monthly. Lumped into the mix are numerous users across the globe who turn to the service routinely for no shortage of reasons and with exceptional frequency.

In fact, every day Google helps translate roughly as much text as that which is found in 1 million books.

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Google-owned YouTube has reached another milestone in its meteoric rise to mobile supremacy.

On Thursday, Sandvine – a provider of intelligent broadband network solutions – published its latest Internet traffic trends report, entitled “Global Internet Phenomena Report 1H2012.”

The information presented is based on data from a selection of Sandvine’s 200-plus customers spanning North America, Europe, Middle East and Africa, Caribbean and Latin America and Asia-Pacific.

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