Nearly everyone uses Google search, YouTube, or the Android operating system. As a result, Google’s parent company, Alphabet, has prospered. Its annual sales grew $20.5 billion to $110.8 billion in 2017. But last year’s $12.7 billion profit was 34% lower than a year before, partly because of a $2.7 billion antitrust fine by European regulators. While Alphabet’s shares have fluctuated over the past year, they managed to rise 18% over the 12 months ending in May.
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News about Alphabet
This is your Data Sheet newsletter for Thursday, February 21, 2019.
Google Cloud chief Thomas Kurian spoke at the Goldman Sachs technology and Internet conference
The move marks a big change in Big Blue's AI plans.
"Using timber in buildings takes carbon out of the atmosphere," said the director of buildings innovation at Sidewalk Labs.