Google earnings top expectations as AI battle heats up

Google's parent company, Alphabet, has reported a Q1 net profit of $15bn, beating market expectations despite a general slowdown in advertising spending. The results come after Google announced it would lay off 12,000 staff, or 6% of its workforce, as a result of over-hiring during the Covid-era boom.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xuAy6GT
via IFTTT

Comments

Popular posts from this blog

How to make chapathi in 4 steps

Web talk today