- Bloomberg, Thursday, December 8, 2016 1:45 PM
It seems that Alphabet is having a bit of trouble
balancing innovation and its core business -- search advertising -- according to the latest cover of BloombergBusinessweek, although there
have been rumors that Alphabet might spin off its Moonshot business into a separate company. The biggest question is whether it can survive alone. It's no secret that
Google's advertising business carries the financial burden of Alphabet's Moonshot business.
Other Bets, the line item in Alphabet's quarterly financial statements, once referred
to X and other business divisions not named Google, lost about $3.6 billion in 2015, roughly twice what they had lost the year before, according to Bloomberg. Some call Alphabet an
"advertising company with a bunch of hobbies."Read the whole story at Bloomberg »
