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Tuesday, 24 July 2018

Google parent Alphabet sees record highs despite EU fine

Google parent Alphabet sees record highs despite EU fineGoogle parent Alphabet shares lifted Monday on a stronger-than-expected earnings report for the past quarter, as the tech giant's results eased concerns over huge fines imposed by the European Union for antitrust actions. Although advertising remains the key driver of revenue, Google has been moving into cloud computing services for businesses, artificial intelligence and devices, including its Pixel smartphones and notebook computers.




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