On July 24, 2019, the Board of Directors of Alphabet
authorized the company to repurchase up to an additional $25.0 billion of its Class C capital stock.
Cloud revenue was the third largest driver of overall Alphabet
Mizuho's Lee also likes video advertising, noting that Alphabet
management attributed surprising top-line growth in part to YouTube.
continues to strike a good balance between investing for longterm growth and operating margins," said shareholder Christopher Rossbach, who is also information chief at London investment firm J Stern & Co.
"Eric has made an extraordinary contribution to Google and Alphabet
as CEO, chairman, and board member," board chairman John Hennessy said in a statement.
"Choosing the alphabet
is not just about choosing a writing pattern.
shares were down 3.3 per cent to $1,103.50 in after-market trades that followed release of the earnings figures from the final three months of last year.
"Our investments are driving great experiences for users, strong results for advertisers, and new business opportunities for Google and Alphabet
." The earnings figures beat analyst expectations.
Bright spots at Alphabet
included YouTube, where executives are focusing on original video content and live streaming to mobile devices in the competitive market.
And the 3rd stage is set for 2024-2025: the transition to Latin alphabet
of the state bodies, educational organizations and state media is planned, said the Minister of Culture.
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