Google's Alphabet hit by Europe's other GDPR: Global Domination = Profit Reduction

Google's Alphabet hit by Europe's other GDPR: Global Domination = Profit Reduction

5 years ago
Anonymous $hM_jrxqbr-

https://www.theregister.co.uk/2018/07/23/alphabet_q2fy2018_eu_fine/

Dusting off a $5bn European monopoly abuse fine over Google's Android business, parent company Alphabet delivered better than expected Q2 2018 earnings – lifting its shares in after-hours trading.

Alphabet today reported $32.7bn in revenues in the three months to June 30, up 26 per cent compared to Q2 2017, and 23 per cent in terms of constant currency. Thomson Reuters had expected something more like $32.17bn.