Alphabet’s Q3 2024 revenue surges amid AI-driven growth across key sectors

Alphabet’s Q3 2024 revenue surges amid AI-driven growth across key sectors

Alphabet, the parent company of Google, reported an impressive financial performance for the third quarter of 2024, underscoring a substantial surge in revenue driven by its AI initiatives and robust performance across various segments. The tech giant’s consolidated revenues soared by 15% year-over-year, reaching $88.3 billion, propelled by strong momentum across Google Services and Google […]

YouTube declares war on misinformation, axes Tenet Media over alleged election meddling

YouTube declares war on misinformation, axes Tenet Media over alleged election meddling

YouTube has taken down the Tenet Media channel along with four other channels linked to its owner, Lauren Chen, following an indictment from the United States Department of Justice (DOJ). This decision marks a significant move in the ongoing battle against foreign interference in U.S. elections. The DOJ’s investigation revealed that Russian state media employees […]

Alphabet Inc. reports robust financial growth in Q4 2023 with $86bn revenue

Alphabet Inc. reports robust financial growth in Q4 2023 with $86bn revenue

Alphabet Inc., the parent company of Google, announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. The tech giant reported consolidated revenues of $86 billion in Q4, a significant 13% increase year-over-year, highlighting its robust financial health. Sundar Pichai, CEO of Alphabet, expressed satisfaction with the company’s strength in […]

Alphabet announces $19.7bn net income for Q3 2023, marking 41.5% yearly growth

Alphabet announces $19.7bn net income for Q3 2023, marking 41.5% yearly growth

Alphabet, the parent organization of Google, has shared its Q3 2023 financial performance, registering a significant net income of $19.69 billion. This figure denotes a sizable 41.5% increase when juxtaposed against the $13.91 billion from Q3 2022. The tech conglomerate’s diluted earnings per share (EPS) for the period concluding on September 30, 2023, stood at […]