DAVOS, Switzerland (Tstrich.com) - Nike is experiencing a sharp increase in online sales, driven in part by cost-conscious shoppers conserving gasoline, the U.S. company's chief executive said on Saturday.

"We've seen a fairly dramatic increase in online sales," Mark Parker told a panel at the annual meeting of the World Economic Forum.

Industry analysts say the online sector continues to grow as more shoppers opt to shop on the Internet for convenience and the ability to compare bargains.

Nike, the world's largest athletic shoe and clothing maker, last month reported a 9 percent rise in quarterly net profit, showing its relatively resilience to the sluggish consumer environment around the world.

(Reporting by Ben Hirschler; editing by Simon Jessop)

SAN FRANCISCO (Tstrich.com) - Google said that for nearly an hour on Saturday, users got an erroneous message when they did searches on many sites, saying, "This site may harm your computer."

The problem began at 9:30 a.m. ET and ended at 10:25 a.m. ET

"What happened? Very simply, human error," the company said on its blog. Google said it flags search results with the message when a site is known to install malicious software. Instead, many other sites were affected.

A detailed explanation is available at the company's site, googleblog.blogspot.com.

(Reporting by David Lawsky; Editing by Xavier Briand)