Profits surge at US tech giants - Daily News Egypt - News Summed Up

Profits surge at US tech giants - Daily News Egypt


As in previous quarters, search engine Google delivered the overwhelming majority of revenues for the company with $24.5 billion. Amazon founder and chief executive Jeff Bezos used the earnings report to highlight the company’s efforts to expand in India. Amazon also has been pushing into artificial intelligence and home automation with its Alexa-powered devices which serve as digital assistants. The company posted revenue of $22.09 billion, up 8 percent from $20.53 billion a year ago. Businesses and government agencies are increasingly turning to such “cloud computing” services, which is helping Microsoft move on from its old software business.


Source: Daily News Egypt April 28, 2017 09:11 UTC



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