Deutsche Bank reports €497m loss for 2017 – 'Three A's' post strong financial results - Advertisers fork out Megabucks on Superbowl
From a humble beginning in Stanford dorm rooms, Google has emerged as one of the biggest internet successes. But growing competition, overreliance on ad revenues and privacy concerns pose new challenges for the company.
Wall Street's dismal performance has had profound knock-on effects on global markets. Analysts have warned that the downward spiral is likely due to tariff-related effects on US companies, citing rising basic costs.
Alphabet Inc has brushed off a €4.3 billion fine from the EU, reporting a 26 percent jump in second-quarter revenue. Its shares climbed more than 5 percent on news of stronger than expected ad sales.
US President Trump took to Twitter and accused Google's search engine of promoting negative articles and hiding "fair media" coverage about him. Google has denied that its search engine has a political bias.
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