https://arstechnica.com/gadgets/2020/07/google-suffers-first-revenue-decline-as-ads-hit-by-pandemic/

Google has suffered its first recorded revenue decline, as the coronavirus crisis wiped 8 percent from advertising income in the latest quarter and depressed parent company Alphabet’s revenues by 2 percent from the year before.

Despite the unprecedented fall-off in its core business, however, Google executives said conditions had improved as the quarter progressed, and offered cautious optimism for a return to growth in the current period.