Alphabet chief lifts the covers on earnings

The lobby of Google's new campus and office in Singapore.

Enlarge / The lobby of Google's new campus and office in Singapore. (credit: Getty Images)

When it comes to dealing with shareholders, has Google’s parent, Alphabet, turned over a new leaf?

The decision of co-founders Larry Page and Sergey Brin to step away from day-to-day involvement in the tech holding company last month stirred hopes on Wall Street that Alphabet would take on more of the trappings of a conventional company when it comes to dealing with shareholders.

So it was notable that, with his first quarterly earnings report on Monday, new boss Sundar Pichai gave Wall Street something it had long wanted: a look under the covers, with a new level of disclosure about the group’s YouTube and cloud computing divisions.

Read 24 remaining paragraphs | Comments



https://ift.tt/380DnTV

Comments