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Alphabet revenue jumps 21% despite record $2.7 billion fine
short by Vani Vivek / on Tuesday, 25 July, 2017
Technology major Alphabet on Monday reported a 21% jump in revenue to over $26 billion for the quarter ended June, despite its largest subsidiary Google being handed a record $2.7 billion fine by European Commission. With its latest profits, Alphabet reported $15.7 billion in cash and cash equivalents, and another $79 billion in marketable securities.
read more at The Verge