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Showing posts with the label Alphabet

Supreme Court to hear case that could reshape the

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[ad_1] Washington — Kati Morton was a reluctant adopter of YouTube. A therapist working toward her license in California, it was her then-boyfriend, now-husband, who first suggested that Morton explore posting videos on the platform as a way to disseminate mental health information. The year was 2011, and Morton, like many others, thought YouTube primarily consisted of videos of cats playing the piano and make-up tutorials. But after seeing other content posted on the site, Morton decided to give it a shot. Her audience started small, with her videos garnering a handful of views. But in the more than a decade since then, Morton's YouTube channel has grown to more than 1.2 million subscribers. Crucial to the growth of Morton's audience is YouTube's system for recommending content to users, which the company began building in 2008. It relies on a highly complex algorithm to predict what videos will interest viewers and keep ...

Google Parent Company Alphabet Tops Expectations with $15 Billion Quarterly Profit

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[ad_1] Last Updated: April 26, 2023, 03:05 IST Rise in profit show that search engine behemoth Google is regaining its footing. (File Photo) Its quarterly revenue came in at nearly $70 billion, a billion better than expected by analysts Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing. The tech titan has found itself under pressure due to a general slowdown in advertising spending, over-hiring during a Covid-era boom and a major challenge by Microsoft on artificial intelligence. Its quarterly revenue came in at nearly $70 billion, a billion better than expected by analysts, and in the same three-month period that the company said it would lay off 12,000 staff, or six percent of its workforce. In its results, Google announced a $2 billion charge for expected costs for the sackings. Google became a focus of worry when M...