Google’s parent company reports jump in quarterly profits, driven by ad business
27 October 2021 | 1:15 pm
Benefitting from soaring demand for online ads, Google's parent company Alphabet reported nearly $19 billion in profits between July and September, up 68 percent from the same period last year. Microsoft's earnings also beat expectations, while French consumers are gearing up for some price hikes at the bakery.
April 30, 2023
May 12, 2023
Since Russia invaded Ukraine, governments have spent much more on defense and weapons. That is good news for the defense industry. But windfall taxes are not on the agenda.
Alphabet's Google is rolling out more artificial intelligence for its core search product, hoping to create some of the same consumer excitement generated by Microsoft's update to rival search engine Bing in recent months.
Google will begin using its AI chatbot in its search engine, as it seeks to catch up with rivals in the fast-growing sector. The announcement came on the eve of a European vote on new regulations for artificial intelligence. Also in the show: US inflation drops below 5 percent for the first time in two years, and French drivers accuse petrol distributors of raking in the profits from unfair prices.
Brazil's Supreme Court ordered the investigation into Google and Telegram executives after the firms campaigned against a bill that would curtail online disinformation.
Arguing for their "right to be forgotten," a couple in finance had sought to have content critical of them delisted from Google. The court said Google must do so only if content is proven false.
The far-right Alternative for Germany is flying high in nationwide polls. Currently the AfD is sharpening its profile by attacking the Green Party's climate policies.
Alphabet's Google was charged by EU antitrust regulators with anti-competitive practices in its digital advertising business on Wednesday and may now have to sell part of its operations to address their concerns.
With a record-breaking 30 million tonnes of sugar produced last year, India recently became the world's largest sugar producer, surpassing Brazil. But at what cost? Every year, from September to March, over 1.4 million Indian workers migrate internally, searching for work in sugar cane fields. The labourers are paid a meager €300 to €400 for six months of hard toil, with only one day off per month.
Boubé is a nomad. He belongs to a Beninese pastoralist tribe called the Fulani. Due to climate change, there is a great shortage of water on their seasonal migration through West Africa. As a result, conflicts with the local farmers occur again and again.
German carrier Lufthansa expects 2023 to be one of its best years. The airline said second-quarter profits more than tripled.
In an unmarked office building in Austin, Texas, two small rooms contain a handful of Amazon (NASDAQ: AMZN) employees designing two types of microchips for training and accelerating generative AI.
Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged the market in its favour, in violation of the Sherman Act, by locking its search engine in as the default choice in a plethora of places and devices.
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