Along with Google’s Q1 earnings reports, Google announced their plans to create a new class of non-voting stock which will be distributed via a stock dividend to all existing stockholders — essentially creating a 2-for-1 stock split. Existing stockholders will receive one new share of non-voting stock for every share they own, doubling their overall share without affecting voting power. This new non-voting stock will be available for corporate uses, like equity-based employee compensation, and will ensure Google’s founders retain control over Google’s destiny.

Google has released its Q1 2012 revenue earnings — and business is good! Revenue for Q1 2012 came in at $10.65 billion, up 24% from Q1 2011. Overall, the majority of revenue avenues saw growth despite Google’s willingness to explore risky projects. Google ended up with a hefty $49.3 billion cash on hand and looks to continue growing that stockpile as they move forward in the year. In the earnings call today, Larry Page talked mostly about their dedication to the long-term and points out how many of their projects don’t reach critical mass for quite a few years. For example, Larry points out that he’s been working on Android for 6 years and it wasn’t until the past 3 years that Android has begun to really explode.

Anyone remember the Sony Ericsson LiveView? Well, it’s back! This time it’s simply called the Sony SmartWatch and Sony is hoping it will see a better adoption rate this time around. It’s looking good so far, as Sony just launched the SmartWatch online and it’s already “Temporarily Out Of Stock.” I’m not going to lie, I’ve wanted one of these since it was the “LiveView” but have held off for whatever reason. I’m once again tempted to pick one up as it’s quite a neat little device.

Don’t let the fact that Sprint’s LTE network isn’t yet up and running stop you from pre-ordering the first LTE device scheduled to launch on The Now Network. The LG Viper 4G LTE is now available for pre-order and will later launch on April 22 for a price of $99 after a new two-year service agreement and $50 mail-in rebate. For $99 you’ll be getting:

Samsung decided to drop a barrel of devices on us yesterday, all of which came with pricing and availability details (I know, right?). After a brief delay, it appears Samsung has managed to get TouchWiz to play nice with Android 4.0, finally making the Galaxy Tab 2 7.0 and 10.1 ready for prime time.