Latest news

Air Force officer arrested for allegedly raping colleague in Tamil Nadu

Air Force officer arrested for allegedly raping colleague in Tamil Nadu

Germany: End of Angela Merkel's 16-yr rule as her party loses to Centre-Left bloc

Germany: End of Angela Merkel's 16-yr rule as her party loses to Centre-Left bloc

Watch: PM Modi's visit to new Parliament construction site at night

Watch: PM Modi's visit to new Parliament construction site at night

Bharat Bandh today: Farmers mark protest anniversary, Opposition supports stir

Bharat Bandh today: Farmers mark protest anniversary, Opposition supports stir

Watch: Srinagar air show makes a comeback after 14 years

Watch: Srinagar air show makes a comeback after 14 years

Google earnings soar: YouTube matches Netflix & advertising sales soar 70%, Pichai pitches for vaccines

Search giant Google's parent firm Alphabet crushed analyst estimates for earnings as revenues from advertising surges. 

Google reported earnings well above Wall Street estimates as the search-and-services company posted revenues of $61.9 billion in the April-June quarter. 

The big surge came in from advertising Google ad revenue increased to $50.44 billion, up 69% from the year-ago quarter. Analysts also took note of YouTube gaining traction as revenues clocked in at $7 billion just shy of equalising with OTT platform Netflix at $7.4 billion. YouTube also disclosed that its YouTube Shorts product has “surpassed 15 billion global daily views,” up 131% from the 6.5 billion global daily views that it detailed in March. 

Also watch: Apple earnings soar but stock takes a hit as worries rise

Meanwhile Google Chief Sundar Pichai took a moment in the earnings call to encourage everyone to get a jab. As the pandemic evolves, we want to help people get the information they need to keep themselves and their families safe,” Pichai said. “I really encourage everyone to get the vaccine when it’s available to you.”

Read/Watch Also: Masks back on in the US as cases soar



Up Next

Google earnings soar: YouTube matches Netflix & advertising sales soar 70%, Pichai pitches for vaccines

Google earnings soar: YouTube matches Netflix & advertising sales soar 70%, Pichai pitches for vaccines

New York court pauses tax suit, allows Cairn Energy to settle dispute with India

New York court pauses tax suit, allows Cairn Energy to settle dispute with India

Money Ki Baat: What is PM Modi's bank balance and investments looking like?

Money Ki Baat: What is PM Modi's bank balance and investments looking like?

How to make the most of this bull run, Here are Raamdeo Agrawal's market bets for you

How to make the most of this bull run, Here are Raamdeo Agrawal's market bets for you

Rapper Snoop Dogg claims he's the NFT influencer behind the handle CozmoMedici

Rapper Snoop Dogg claims he's the NFT influencer behind the handle CozmoMedici

Deadline to file Income Tax returns extended to December 31

Deadline to file Income Tax returns extended to December 31