Google parent Alphabet reported a significant surge in search revenue for Q3, earning US$26.3 billion from advertisers. This exceeds the US$24.7 billion the company earned from Google search ads in the same quarter last year. This is a significant rebound for the company, whose advertising revenues were deeply impacted during the COVID-19 pandemic. Of course, it's worth keeping in mind that the bulk of digital advertising revenue comes from Europe and North America, where the economies are more or less stable, and so this may not necessarily be pointing to economic recovery in other countries like India. However, these results came under the shadow of the Department of Justice's antitrust complaint against Google, which could have significant ramifications for the company. "We believe that our products are creating significant consumer benefits and will confidently make our case. Our company's focus…
- PrivacyNama 2022 Workshop: Privacy Preserving Advertising; October 11 October 7, 2022
- IRDAI Approves ‘Amazon-like’ Intermediary For Selling Insurance Products: Benefits and Concerns October 7, 2022
- Will Google offer its free VPN service on Pixel phones in India? October 7, 2022
- Tesla CEO Elon Musk will buy Twitter for $44 billion after all October 6, 2022
- Jio and Airtel showcase their surveillance systems at the India Mobile Congress 2022 October 6, 2022
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