Server spend surges across Alphabet’s empire
Google’s cloud continues to lose money, but the ad giant and its parent company Alphabet aren’t troubled by the $858 million in cloudy red ink produced in its second quarter for financial year 2022.
Google Cloud brought in $6.3 billion of revenue, a 35 percent year on year increase compared to Q2 2021’s $4.6 billion revenue. But the $858 million loss was 45 percent higher than the $591 million deficit recorded last year. “We are constantly in conversations with customers, big and small, who are just undertaking the journey.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk denies affair with Google co-founder's wife after reportsElon Musk has rejected claims that he had a secret affair with Nicole Shanahan, the wife of the co-founder Google.
Read more »
Elon Musk denies affair with Google co-founder's wifeThe technology multi-billionaire's comments came in response to a report in the Wall Street Journal.
Read more »
The new Google Play logo is more different than you might realiseThey've changed more than you might think at first glance.
Read more »