Google’s parent company Alphabet Inc. met street expectations on Thursday despite a drop in advertising that hurt the company for the second consecutive quarter. The company Herzegovina, + 0.97% GOOG, + 0.62% reported net income of $ 6.96 billion, or $ 10.13 per share, compared to net income of $ …
Read More »Alphabet Second Quarter Results Show Ad Spending Still Routine
Google’s parent company Alphabet Inc. met street expectations on Thursday despite a drop in advertising that hurt the company for the second consecutive quarter. The company Herzegovina, + 0.97% GOOG, + 0.62% reported net income of $ 6.96 billion, or $ 10.13 per share, compared to net income of $ …
Read More »Congress has over a million documents from Big Tech’s antitrust investigation, and they’re ready to criticize big-name CEOs
For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
Read More »Big Tech’s latest reckoning is coming as it continues to rack up record valuations
Tech’s top four CEOs should be nervous as they approach a virtual hearing on July 27 before the House of Representatives’ Antitrust Subcommittee on the Judiciary. Apple Inc.’s AAPL Tim Cook, Amazon.com Inc. AMZN Jeff Bezos, Facebook Inc.’s full board Mark Zuckerberg and Alphabet Inc.’s GOOGL GOOG Sundar Pichai can …
Read More »Big Tech’s latest reckoning is coming as it continues to rack up record valuations
Tech’s top four CEOs should be nervous as they approach a virtual hearing on July 27 before the House of Representatives’ Antitrust Subcommittee on the Judiciary. AAPL from Apple Inc. -0.46% Tim Cook, AMZN of Amazon.com Inc., -3.00% Jeff Bezos, Facebook Inc. FB, -2.47% Mark Zuckerberg and Alphabet Inc.’s GOOGL, …
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