Google Parent Posts Surge in Profit, but Expenses Also Jump
April 24, 2018 by admin
Filed under Choosing Lingerie
Google parent Alphabet Inc. posted surging profits as advertisers kept swarming to the search giant amid a global debate about internet privacy that threatens to affect its main revenue generator.
Alphabet’s earnings also got a multibillion-dollar boost from the company’s stakes in startups including Uber Technologies Inc. but were tempered by the costliest spending spree in its 14-year history as a public company.
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