Photo by Franck V. on Unsplash [Download]

Alphabet gross sales drop for first time on Google advert cutbacks in pandemic

Google mother or father Alphabet Inc's quarterly gross sales fell for the primary time in its 16 years as a public firm, however the 2% slide was lower than anticipated as many advertisers caught with the world's hottest on-line search engine in the course of the pandemic.
Google parent Alphabet Inc's quarterly sales fell for the first time in its 16 years as a public company, but the 2% slide was less than expected as many advertisers stuck with the world's most popular online search engine during the pandemic.

Original article
Original article
Author: Paresh Dave

Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.

Paresh Dave has recently written 5 articles on similar topics including :
  1. "Alphabet Inc's Google on Wednesday said any user will soon be able to host free video conferences on Meet, turning its previously business-only tool into a bigger rival to Zoom and others battling for users during the coronavirus outbreak". (April 29, 2020)
  2. "Waze has struggled to grow within Alphabet Inc's Google, the navigation app's former top executive said, renewing concerns over whether it was stifled by the search giant's $1 billion acquisition in 2013". (February 19, 2021)
  3. "Google's ad sales have recovered since plummeting in March during the coronavirus pandemic, parent Alphabet Inc said on Thursday, easing concerns about its first quarterly sales slide in its 16 years as a public company". (July 31, 2020)
  4. "Google will allow business and education users on Gmail.com to directly take calls on its video conferencing tool Meet starting Thursday, a new feature being offered as the Alphabet Inc unit seeks to capitalize on security and other concerns with rival services". (April 16, 2020)
  5. "Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030, its chief executive told Reuters, becoming the biggest company in the world to commit to ditching coal and natural gas power". (September 14, 2020)
Posted on  , , , ,