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YouTube And Mobile Search Send Profits Soaring At Google

Growing advertising revenues from YouTube and mobile searches have powered Alphabet, the parent company of Google, to increased fourth-quarter profits. Company-wide revenues soared by 22%  compared with the same quarter last year to $26 billion, of which $22.4 billion came from advertising, Alphabet said. Group profit was $5.3 billion, a gain of 8.3%.

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