Sci-tech

Alphabet Inc(NASDAQ: GOOGL) continues to beat expectations

Alphabet Inc(NASDAQ: GOOGL) continues to beat expectations

But Google's results showed that controversy was little more than a speed bump for the company as revenue rose 22.2 per cent to Dollars 24.75 billion from USD 20.26 billion in the quarter ended March 31.

Alphabet's shares traded 4.4% higher after the close of regular Thursday trading.

Other Bets revenue was up for the quarter, however that segment of the company continues to report operating loss, which Alphabet revealed was 855 million dollars (£662m) for the quarter. This quarter it is at $3 billion, compared to $2 billion the same quarter past year, but lower than the $3.4 billion from the last quarter that included the holiday season.

William Hill sees surge in online trade
Retail is also seeing positive trends while our key global markets continue to perform well with double-digit wagering growth . In its trading update, the company said it recorded growth in wagering and net revenue across all four divisions.

During his call with Wall Street analysts, CEO of Alphabet Sundar Pichai said that the company's excellent properties such as Search, Maps, Google Play and YouTube are made for today's mobile world, where people are actively interested and engaged.

The company's laptop-tablet hybrid saw revenue drop 26%, however overall revenue for the firm rose to 23.6 billion dollars (£18.2 billion), compared to 22.1 billion (£17.1 billion) in the same quarter a year ago.

Google fiercely competes with rival Facebook in the mobile advertising space, and the two firms are said to account for 99 percent of the industry growth in digital advertising in 2016.

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Approximately 15,000 police and military personnel were deployed in case clashes broke out between Ahok supporters and opponents. The ruling came as thousands of supporters who waited outside the court stood shocked.

Shares were up 2.8% following the news. The rise of GPU usage for machine learning - which will need to make its way into these web services - will also likely provide a major windfall for both Amazon and Alphabet's cloud businesses.

Google parent Alphabet Inc.

The business, categorized as "Other Revenue" in its earnings report, posted a 49.4 percent jump in revenue to $3.10 billion on Thursday - a sum already bigger than Twitter Inc's annual revenue. Analysts had been expecting about $24.2 billion in revenue and earnings of $7.40 per share. The change resulted in "a modest increase" in paid clicks along with a modest decrease in cost-per-click. Revenue and income are both up from the same period past year, even though Alphabet's tax rates have gone up.

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Duterte, in particular, has rejected Western countries' criticism over his bloody campaign against illegal drugs in the Philippines.

Beat revenue estimates. The company saw revenue figures of $24.506 billion. Revenue, however, continued to climb up to $244 million this quarter compared to $165 million in the same quarter a year earlier.


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