Google parent Alphabet's profits bounce to an all-time highGoogle, which dominates online advertising, continues to thrive amid escalating threats of regulation in Washington and a wider backlash against Silicon Valley and widespread data collection. In the first quarter, Google parent company Alphabet's net income grew by 73 per cent, totalling about US$9.4 billion (NZ$13.1 billion). 123RF In three months, Google parent company's net income grew by 73 per cent to about US$9.4 billion (NZ$13.1 billion). "It's been a particularly tough few weeks for the Google family, especially at YouTube," Pichai said. He thanked employees, and said he was grateful for the support Google has received from the community and the industry.

Source: Stuff April 23, 2018 23:15 UTC