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EU Fine Puts A Dent In Google's Profits

  • Sky News, Tuesday, July 25, 2017 7:44 AM
Google's parent company, Alphabet, has seen Q2 profits drop 28% from the corresponding period a year ago to $3.5bn. Although revenues were up 21% compared to the year before, the record $2.7bn fine levied by the European Commission, already accounted for in its figures, put a large dent in profits, Sky News reports.

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