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Alphabet shares fall as Google misses on sales, YouTube revenue disappoints

Reuters Tuesday, 4 February 2020
Alphabet Inc's new Chief Executive Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5% as Google's advertising business and the new data about YouTube and Google Cloud broadly disappointed.
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News video: Alphabet CEO Reveals YouTube's Revenue Earnings for the First Time

Alphabet CEO Reveals YouTube's Revenue Earnings for the First Time 01:02

Alphabet CEO Reveals YouTube's Revenue Earnings for the First Time The video-sharing website was purchased by Google back in 2006 for $1.65 billion. It has now been revealed that YouTube generated over $15 billion in revenue last year. The figure was revealed in a quarterly report by Alphabet and...

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U.S. sues Google, says breakup may be needed [Video]

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The U.S. Justice Department filed an antitrust lawsuit against Alphabet Inc's Google on Tuesday, accusing the $1 trillion company of illegally using its market power to fend off rivals and said nothing was off the table, including a breakup of the internet search and advertising company. Conway G. Gittens reports.

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