Google reassures Wall Street with ad business showing resilience

NEW YORK (BLOOMBERG) – Google parent Alphabet reported second-quarter revenue that met analysts’ expectations, reflecting the Internet giant’s resilience amid slowing growth in advertising. Revenue, excluding payments to distribution partners, was US$57.5 billion (S$80 billion) in the quarter, the company said on Tuesday (July 26) in a statement. Analysts had projected US$58 billion, according to […]