Google’s autonomous growth engine shifts lower

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Google’s autonomous growth engine shifts lower
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Google’s seemingly autonomous growth may be shifting lower. rob_cyran

Alphabet on April 29 reported revenue of $36.3 billion for the first quarter, an increase of 17 percent from the same quarter last year. The company that owns search engine Google had earnings of $6.7 billion, or $9.50 per share, compared to $9.4 billion, or $13.33 per share a year earlier.

In March, the European Commission fined Google 1.5 billion euros for abusive practices in online advertising. That was the third fine Europe has leveled against the American internet company in less than two years.

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