1. Google 50,578 | 2. Walt Disney Company 21,420 | 3. Comcast 17,750 | 4. 21st Century Fox 17,569 | 5.CBS Corporation 11,024 | Source: Zenith Optimedia
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.
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.
Alphabet, the parent company for Google, reported better-than-expected profits in the first quarter. The first-quarter surge came on the back of strong ad sales and an accounting adjustment for investments in startups.
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