Tag Archives: Jumps

Google 3rd quarter earnings: revenue jumps 14% to $46 billion, stock soars

The tech giant’s parent company, Alphabet, reported revenue of $46.17 billion for the three months ending in September — a 14% increase from the same period last year — highlighting its continued dominance even while facing numerous obstacles. The company also reported net income for the third quarter of $11.2 billion, blowing past analyst estimates. Alphabet (GOOGL) stock rose more than 8% in after-hours trading on Thursday. The earnings came a day after Alphabet’s CEO, Sundar Pichai,… Source link

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Google R&D Lab Jumps Into Mobile Video Shopping With “Shoploop”

Google’s internal R&D division, Area 120, is launching Shoploop, a video shopping platform designed to introduce consumers to new products in under 90 seconds. Shoploop’s main goal is to bring three things – discovering, evaluating and buying products – all in one place. The app uses video as a main element to help users watch reviews of products without having to leave the app. Lax Poojary, General Manager, Shoploop, states that “The experience on Shoploop is more interactive than just… Source link

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