- NZ chase 275 to win first Sri Lanka Test after Patel bags six
- Ashwin bags six wickets as India hammer Bangladesh in first Test
- Nascent French government under pressure on multiple fronts
- Angry French cognac makers see red over Chinese tariffs threat
- Protect the prosciutto: Italy battles swine fever
- UN holds 'Summit of the Future' to tackle global crises
- Marxist leader set to become Sri Lanka's next president
- From blades to pull-up bars: UK charity tackles knife crime
- Swiss vote on pensions and environment protections
- No pain, no gain: Chinese pro wrestlers fight for recognition
- UAE leader seeks to deepen 'strategic' ties in US visit during Mideast crisis
- Hezbollah takes heavy hits but still fighting Israel
- Floods, landslides hit central Japan months after major quake
- All Blacks coach Robertson demands better finishing
- Argentina edge South Africa to keep title hopes alive
- Biden says China 'testing us,' in hot mic remarks to Quad allies
- Dubois destroys Joshua to retain IBF world heavyweight crown
- Guardiola says critics want Man City wiped 'from face of the Earth'
- Biden says 'Quad' is 'here to stay' despite challenges
- Dubois knocks out Joshua to retain IBF world heavyweight crown
- Vinicius helps 'faster' Madrid overturn stubborn Espanyol
- Zelensky to press US on long-range missile strikes inside Russia
- PSG drop first points in draw at Reims
- Vinicius, Mbappe on target as Madrid crush plucky Espanyol
- Jeeno leads Ko by two at LPGA Queen City Championship
- Bottega Veneta goes for 'E.T.' chic as Madonna pops into D&G
- Messi, Miami frustrated by New York late leveler
- Musk's X platform takes first step toward lifting Brazil ban
- 'Business as usual' for Australia match-winner Carey amid boos
- Israeli jets pound Lebanon after deadly Beirut strike
- Ten Hag bemoans Man Utd's lack of killer instinct in Palace stalemate
- France's Macron appoints new government in shift to right
- Cheika proud of Leicester grit after winning start as boss
- Profligate Man Utd pay price in 0-0 draw at Palace
- Kane, Olise run riot as Bayern thump Bremen
- Diaz fires Liverpool top of Premier League, Man Utd held at Palace
- LIV champion Rahm out of LIV Team semis with severe flu
- Slot surprised by tearful Nunez's moment of magic
- Title rivals Norris, Verstappen on 'cool' front row for Singapore GP
- Biden talks China with 'Quad' leaders in hometown summit
- Juve and Napoli play out goalless draw in early Serie A title tussle
- Alcaraz fears tennis tour grind will 'kill us'
- Carey sparks recovery as Australia thrash England in 2nd ODI
- Leclerc, Sainz lament 'disappointing' Saturday in Singapore
- Bottega Veneta holds investors' aces as Madonna pops into D&G
- Beirut digs for victims at building flattened in Israeli strike
- Verstappen stages protest over 'ridiculous' swearing punishment
- Bayern boss Kompany lauds 'special talent' Olise
- Diaz fires Liverpool top of Premier League, Spurs bounce back
- Heavy fire over Israel-Lebanon border after deadly Beirut strike
Google-parent Alphabet see quarterly profit slip
Shares in Google's parent company Alphabet slipped Tuesday after the internet giant reported that earnings in the recently ended quarter missed market expectations, with profit down from a year earlier.
Alphabet reported net income of $16.4 billion in the first quarter on revenue that climbed 23 percent to $68 billion when compared to the same period last year.
Shares sank more than 3.0 percent to $2,294.69 on the news.
The quarter brought strong growth in Alphabet's search and cloud computing businesses while the company continued to invest heavily in products and services, chief executive Sundar Pichai said in an earnings release.
While Alphabet saw revenue from online ads climb to more than $46 billion, the cost of acquiring online "traffic" that helps fuel that income was up some $2 billion from the same period a year ago, the earnings report showed.
Alphabet's ranks of employees grew to just shy of 164,000 people from 140,000 people in the same quarter last year.
The Silicon Valley titan also continued to pour money into data centers and parts of its operations that power its cloud computing services.
"We are pleased with Q1 revenue growth of 23% year over year," said Alphabet chief financial officer Ruth Porat.
"We continue to make considered investments in Capex, (research and development) and talent to support long-term value creation for all stakeholders."
Meanwhile, Alphabet put out word Tuesday that it was adding labels to apps available at its Play Store to let users of Android-powered mobile devices see what kinds of data is collected about their activities.
"Users want to know for what purpose their data is being collected and whether the developer is sharing user data with third parties," Android privacy product vice president Suzanne Frey said in a blog post.
"That's why we designed the Data safety section to allow developers to clearly mark what data is being collected and for what purpose it's being used."
Google last week announced it was starting to roll out an option for European users to reject "cookies" with a single click, months after it was slapped with a massive fine.
Google, along with Facebook, has faced an onslaught of legal cases and punishments over its use of web-tracking technology, which breaches EU privacy legislation.
Cookies are packets of data installed on a user's computer that allow browsers to save information about their session.
"We have completely overhauled our approach, including changing the infrastructure we use to manage cookies," the US giant wrote in a blog post.
Google committed to changing its practices after French data watchdog CNIL slapped it with a 150-million-euro ($162 million) fine in January.
N.Fournier--BTB