Article 4KY8D Alphabet: Google parent's profits hit $9bn amid increased scrutiny

Alphabet: Google parent's profits hit $9bn amid increased scrutiny

by
Julia Carrie Wong
from Technology | The Guardian on (#4KY8D)

Company's earnings rebound even as justice department announces antitrust review of major tech firms

Google's parent company Alphabet rebounded from a difficult start to the year on Thursday, when it reported higher than expected revenue and earnings.

The digital advertising behemoth continues to amass extraordinary profits, with $9.18bn in the second quarter of 2019, but investors had been concerned about decelerating growth rates.

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