Google’s advertising business brought in $53.1 billion during the third quarter, up from $37.1 … [+] billion during the same period last year. Getty Images While some advertising-funded internet giants like Facebook and Snap Inc. are feeling the brunt of Apple’s recent data privacy changes, Google seems less worried. Today, Google parent Alphabet Inc. reported a record $65.1 billion in revenue during the third quarter of 2021, with the company’s… Source link
Read More »Google’s Profit and Revenue Soared in the Third Quarter
Google’s parent company, Alphabet, shrugged off any concerns about a downturn in online advertising with another quarter of blockbuster earnings, lifted by continued strong demand for ads on YouTube and steady growth at its cloud computing business. Alphabet said on Tuesday that net profit in the third quarter rose 68 percent, to $18.94 billion, while revenue jumped 41 percent, to $65.12 billion. The results topped analysts’ estimates for $16.2 billion in profit and sales of $63.5… Source link
Read More »Google faces a fine of up to 20% of Russian revenue this month
The logo of Russia’s state communications regulator, Roskomnadzor, is reflected in a laptop screen showing Google start page. May 27, 2021. REUTERS/Maxim Shemetov MOSCOW, Oct 19 (Reuters) – Russia said on Tuesday it would this month seek to fine U.S. tech giant Google a percentage of its annual Russian turnover for repeatedly failing to delete content deemed illegal, Moscow’s strongest effort yet to rein in foreign tech firms. Communications regulator Roskomnadzor said Google had failed to pay… Source link
Read More »Yandex N : Russia’s Delimobil discloses strong revenue growth in U.S. IPO filing
Oct 8 (Reuters) – Delimobil Holding S.A. on Friday filed for an initial public offering (IPO) in the United States and revealed that its revenue for the first half of this year more than doubled, as the car-sharing company becomes the latest in a slew of Russian firms targeting market debuts. Russian IPO activity is picking up pace as the global economy improves and concerns over fresh Western sanctions fade. The Moscow Exchange expects to hold 10 share listings by the end of… Source link
Read More »Micron’s Earnings to More Than Double in Q4, Revenue to Jump Over 30%
The world’s leading semiconductor manufacturer, Micron Technology, is expected to report its fiscal fourth-quarter earnings of $2.33 per share, representing year-over-year growth of more than 115% from $1.08 per share seen in the same quarter a year ago. The semiconductor company is expected to post revenue growth of over 30% to around $8.2 billion from a year earlier. According to ZACKS Research, for the fiscal fourth quarter, the company forecasts revenues of $8.2 billion (+/- $200… Source link
Read More »Google lowers its cloud marketplace revenue share to 3% from 20%
Thomas Kurian, chief executive officer of cloud services at Google LLC, right, speaks as Alpna Doshi, group chief information officer of Philips, listens during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. The conference brings together industry experts to discuss the future of cloud computing. Michael Short | Bloomberg | Getty Images Google is reducing the amount of revenue it keeps when customers buy software from other vendors on its cloud… Source link
Read More »This is why Facebook’s (NASDAQ:FB) high Returns can Convert into double-digit Revenue Growth
This article was originally published on Simply Wall St News Facebook (NASDAQ:FB) has had a great run on the share market, with its stock up by a significant 14% over the last three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. In this article, we decided to focus on Facebook’s return measures, particularly on its ROE. If some parts feel a bit more… Source link
Read More »Robinhood shares tumble after PayPal news, SEC scrutiny of key revenue stream
By Herbert Lash NEW YORK (Reuters) -Shares of Robinhood Markets Inc, a popular gateway for trading meme stocks, tumbled nearly 7% on Monday on news that PayPal Holdings Inc may start an online brokerage and a report saying regulators were looking at a possible ban on a practice that accounts for the bulk of the company’s revenue. Shares of Robinhood extended an early decline after CNBC reported that PayPal was exploring ways to let U.S. customers trade individual stocks on its… Source link
Read More »Google Play app store revenue hit $11.2 bln in 2019, lawsuit says
The logo of Google Play is displayed at Tokyo Game Show 2019 in Chiba, east of Tokyo, Japan, September 12, 2019. REUTERS/Issei Kato/File Photo OAKLAND, Calif., Aug 28 (Reuters) – Alphabet Inc’s (GOOGL.O) Google generated $11.2 billion in revenue from its mobile app store in 2019, according to a court filing unsealed on Saturday, offering a clear view into the service’s financial results for the first time. Attorneys general for Utah and 36 other U.S. states or districts suing Google over… Source link
Read More »Yandex Verticals Q2 2021: revenue doubled – AIM Group
[unable to retrieve full-text content]Yandex Verticals Q2 2021: revenue doubled AIM Group Source link
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