Friday 3 February 2023

GOOGLE REVENUES


'Alphabet, the parent company of Google, reported subdued quarterly revenues as spending on digital advertising was reduced amid economic uncertainty.

'Revenue from Google’s advertising business, which includes Search and YouTube, dropped from £52bn to £48bn. 

'Shares in the company fell by more than 5% in after-hours trading.

'Last month, Alphabet announced 12,000 workers would be made redundant globally.'




Apple, Amazon and Google all offer gloomy outlooks in quarterly results

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