Google profit

Alphabet-Google profits up despite the advertising slump linked to the pandemic

The earnings report from Google’s parent Alphabet allayed fears the pandemic could devastate the digital advertising revenue that is the internet company’s revenue engine. SAN FRANCISCO – Google’s parent company Alphabet on Tuesday announced an increase in profits and revenues in the first quarter, even as a coronavirus-induced economic crisis hit the ad in March. […]

Google revenue

Google’s revenue growth takes a hit as ad sales plummet

Google announced its weakest revenue growth in nearly five years as the pandemic-triggered recession began slashing advertising sales in the first quarter. This is good / bad news for Google. Ad sales are down, but usage of its products, including search and YouTube, is on the rise. In a conference call with analysts, Alphabet CEO […]