Alphabet antitrust scrutiny creates concerns about a big tech breakup, but new revenue reveals for YouTube and Google Cloud make the case that its asset spin-offs could unlock shareholder value.
valuing AWS
"I think they're going to take significant share,'' in cloud computing, Freeman said, partly because Alphabet's research on artificial intelligence will let them distinguish their offerings from rivals. "The rankings — Amazon, Microsoft, Google — won't change, but Google Cloud will get its share.''Google doesn't yet disclose profits or losses at Google Cloud or YouTube.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Selma Blair Just Revealed The Muscles In Her Face And Neck Are In Spasm Amidst MS Battle'It feels like I am just breaking down.'
Read more »
As market teeters on exhaustion, here’s why value stocks are still stuck in the mudThe other curious part of the market is the continued terrible performance of value stocks. Here’s one explanation.
Read more »
Google seals takeover of Looker after UK green lightAlphabet Inc-owned Google said on Thursday it has completed its $2.6 billion buy...
Read more »
Watch Queen + Adam Lambert Break Out 'Whole Lotta Love' in New ZealandLed Zeppelin classic is the first non-Queen song they’ve performed throughout the course of the Rhapsody Tour
Read more »
FTC Expands Antitrust Investigation Into Big TechThe Federal Trade Commission ordered five big tech companies to provide detailed information about their previous acquisitions of small companies, expanding the agency’s investigation into possible antitrust concerns in digital markets.
Read more »