Technology stocks stay positive despite weakness late in the session, helping the Nasdaq Composite Index to close out its best month in more than six years.

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Technology stocks stay in positive territory, though major indexes pare gains from earlier in the session.

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Time Warner Inc’s AOL Internet unit said on Thursday it has appointed former Google Inc executive Jeff Levick as president of global advertising and strategy, overseeing its Platform-A advertising sales business.

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Google Inc. has been getting more frugal with its employees and other expenses as the recession crimps its growth, but the Internet search leader isn’t skimping on political lobbying, according to a recent disclosure form.

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In early 2006, as Google Inc. was securing its dominance of the Internet search advertising market, it invested $1 billion in AOL, the Time Warner Inc. online unit that was struggling to redefine itself for a new era.

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Technology stocks make strong gains, pushing the Nasdaq Composite Index past the 1,700 mark to its highest level in nearly six months.

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Using a new tracking tool, search engine giant Google said on Wednesday it saw a spike in searches for information about flu among people in Mexico last week even before news of the outbreak became widely known.

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The president of Google Inc’s global display advertising business is leaving, marking the latest in a series of changes within the Internet company’s sales team in the past two months.

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Google Inc. spent $880,000 on lobbying in Washington, D.C. in the first quarter of this year, putting the increasingly politically savvy Internet giant on pace to outdistance the $2.84 million it spent last year.

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David Rosenblatt is the third top Google sales executive to leave since March.

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