Google’s parent company, Alphabet, announced its second quarter results. The company continues to generate huge revenues It does.
Alphabet announced revenue of $84.72 billion for the second quarter of 2024. The company increased its revenue, which was $74.6 billion in the second quarter of 2023, by 14 percent in the same period this year. $23.62 billion net income explained. Alphabet reported revenue of $80.5 billion and net income of $23.66 billion in the previous quarter. In the second quarter of 2024, YouTube’s advertising revenues under its umbrella The company announced that it has exceeded $8 billion$48.5 billion from search and $48.5 billion from cloud for the first time They say they have made more than $10 billion. Yesterday, cloud-focused security company Wiz made a splash when it turned down a $23 billion acquisition offer from Alphabet. Amazon Web Services (AWS), Microsoft Azure, Google Cloud and other cloud platforms that provide security solutions Wiz’sin the past week Alphabet It was claimed that it would come under the umbrella of Google. Google’s parent company, To the WSJ reportedly made a huge offer of around $23 billion for Wiz. As officially announced yesterday, this offer was rejected. Assaf Rappaport, CEO of the company, which has 1,200 employees and prefers to remain independent, said: “It is difficult to say no to such attractive offers. However, I believe we made the right decision because we have an extraordinary team.” said.