Parent company Alphabet sees a strong rebound from pandemic constraints, with revenue up 62% and operating income up 31%.
A couple of quarters after the Covid-19 pandemic hit its financial performance, Google's parent company has recorded a 69% jump in operating income and 23% lift in revenue year-on-year.
Brand advertising on YouTube rebounded in the third quarter of 2020, contributing to an enormous profit for its parent company.
At-home consumers bolster YouTube, Google Cloud, but CFO warns Q2 will be difficult for the advertising business.
Alphabet breaks down its revenue to demonstrate how YouTube and Cloud fare under Sundar Pichai’s first report as CEO.
Larry Page and Sergey Brin have a stellar track record in accumulating wealth and power while trying to avoid accountability.
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