While Google has a commanding lead in digital ads, its smaller size in cloud computing may allow the company to do bigger deals in that sphere.
Thomas Kurian, who runs Google's cloud business, says he should be able to handle big deals even with greater antitrust scrutiny.Thomas Kurian, CEO of Alphabet's Google Cloud, speaks at the Google Cloud Next conference in San Francisco on April 9, 2019.growing cloud business last year, isn't concerned about regulators hampering his ability to expand, even as the Justice Department investigates the parent company for potential anti-competitive behavior.in an interview this week.
Google's advertising revenue increased 16% in the second quarter to $32.6 billion, representing about 84% of Alphabet's overall sales. In digital advertising, Google has a commanding position, with research firmestimating that it controlled more than 38% of the market in 2018, making it by far the largest player.
However, in public cloud, where big tech companies provide infrastructure so that customers can offload their computing and storage needs, Google is way behind
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple accuses Google researchers of 'stoking fear' about iPhone hackApple's defense of its software comes just before a media event on Tuesday, during which it is expected to reveal a new line of iPhones.
Read more »
U.S. states kick off antitrust probe expected to focus on GoogleTexas Attorney General Ken Paxton on Monday will detail a multi-state antitrust ...
Read more »
Apple-Google feud intensifies over 'false' iPhone security flaws
Read more »
Russia says Facebook, Google distributed political ads on election dayRussian state communications watchdog Roskomnadzor said tech giants Google and F...
Read more »