New York Any worries about slowing growth at Google parent Alphabet may have been premature, judging from its earnings for the last quarter. The company's stock jumped more than 7% in after-hours trading Thursday after Alphabet announced the results.
Alphabet reported $38.9 billion in revenue for the three months ending in June, above Wall Street's $38.2 billion projection. That number was up 19% from the same quarter a year earlier. The company also authorized a new $25 billion share buyback.Google expected to pay multimillion dollar penalty to settle investigation into how YouTube handles kids' dataAlphabet's previous quarter disappointed, as revenue increased by 17% from the prior year, missing Wall Street estimates.
A techVAT on their ads and searches, Twitter ads, Facebook ads, and robotics sales would help pay for AndrewYang's 'trickle-up' economy, the FreedomDividend of $1,000 a month to every American Citizen
re: Google and the use of copyrighted content as machine learning training data to create for-profit AI products and patented processes without knowledge, consent, credit or compensation of copyrighted content creators. FairUse exemption? unlikely
Aren't they still under investigation
Censorship and manipulation are apparently very profitable.
Few companies controlling the world
That wealth should be ours.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Variety - 🏆 108. / 63 Read more »
Source: CNBC - 🏆 12. / 72 Read more »