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Alphabet unit Google on Monday rebuffed a push by European telecoms operators to get Big Tech to help fund network costs, saying it was a 10-year-old idea that was bad for consumers and that the company was already investing millions in internet infrastructure. The idea, floated more than 10 years ago, could disrupt Europe's net neutrality or open internet access, …
With consumers spending more time online during the pandemic, retailers have been pushing to reach them there. Google parent Alphabet Inc’s quarterly revenue and profit surged to record highs, the company reported on Tuesday, powered by a rise in advertising spending as more consumers shopped online. Advertising revenue for the company’s streaming video platform YouTube jumped 83.7 percent from the …
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