Google CEO Sundar Pichai doubled income at almost $200 million in 2016

Despite recent concerns being expressed by advertisers about Youtube's ability to filter extremist content, revenue from advertising grew to $21.4bn, an increase from $18bn past year.

Revenue from its Google Other unit, which includes Pixel smartphone, Play Store and cloud business, rose 49.4 per cent to Dollars 3.10 billion.

Google's umbrella corporation parent company Alphabet has just unveiled its earnings report for Q1 2017 (which ended in March), with some very positive results across the board.

Under Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing, reports said.

Alphabet reported a 22.2 percent increase in first-quarter revenue compared to a year ago.

In the final minutes of trading on Thursday, shares hit $891.44, a climb of 24 percent in the last 12 months.

That may not be a big jump but definitely shines a light on Google's efforts to cut down its dependence on revenue from advertising, where it competes with Facebook Inc.

France promises proof Assad regime behind chemical attack
Following Russia's intervention in September 2015, Israel and Moscow opened a hotline to coordinate military activity in Syria. Boris Johnson told parliament that it would be "hard to say no" if the United States asked for military assistance in Syria.

Pichai, in response to an analyst's question about Google's channel strategy, replied that Alphabet's cloud business enjoyed the highest growth in headcount and capital expense of all Alphabet's businesses, and that it is now providing the kind of "heavy lifting" needed to help meet enterprise IT requirements.

In terms of costs, one of Google's biggest is stock-based compensation, which was up by 40 per cent, year-on-year, to $1.9bn.

Revenues rose 22% (or 24% in constant currency), which easily beat analyst expectations.

Approximately 250 advertisers were boycotting YouTube, some of which include PepsiCo, Wal-Mart Stores, Starbucks, AT&T, Verizon, Johnson & Johnson, and Volkswagen.

Google CEO Sundar Pichai during an interactive session, recently. However, Google's loss for these ambitious projects ticked up slightly to $855 million.

Alphabet's other businesses such as its Verily Life Sciences, Google fiber, and Nest has overall been able to generate around $244 million during the fourth quarter of 2016 up by $165 million or 48% from the first quarter of 2016. The company showed an iperating income of $7.5 Billion, while Alphabet's other bets exhibited operating losses t the tne of $856 Billion.

Under Pichai's leadership, Google's sales from YouTube and advertising revenue soared.

Recommended News

  • UK says PM May to lead Brexit talks, approaching them with

    UK says PM May to lead Brexit talks, approaching them with "goodwill"

    The European Commission said this would be "impossible" given the need to consult member states and the European Parliament. As he left, Mr Juncker was said to have told her: "I leave Downing St 10 times as sceptical as I was before".
    Trump to spend Day 100 in office talking tough on trade

    Trump to spend Day 100 in office talking tough on trade

    As he did so, chants of "USA! US !" as his chief strategist, Steve Bannon, mingled with factory workers. Mr Trump's 100th day events were set in a politically important state that he won with 48% of the vote.
    Broncos pick QB Chad Kelly with 253rd-overall pick as 'Mr. Irrelevant'

    Broncos pick QB Chad Kelly with 253rd-overall pick as 'Mr. Irrelevant'

    The Broncos now have three young quarterbacks on the roster with Trevor Siemian (age 25), Paxton Lynch (23), and Kelly (23). He's coming off a knee injury he suffered late in the 2016 season, and untimely wrist surgery before the draft.
  • Manchester United boss José Mourinho considering playing under-23s against Crystal Palace

    Manchester United boss José Mourinho considering playing under-23s against Crystal Palace

    Before that, we play Southampton away a few days before, so we would be playing the final with disastrous consequences. It could also rule Shaw out of a possible Europa League final in Stockholm next month should they advance past Celta.

    Leonard's 37 points lead Spurs by Grizzlies 96-82

    The Cavaliers improved to 9-0 in the first round since the return of James, who had 32 points, 13 assists and six rebounds. Leonard has been nothing short of incredible and could be the best player so far in the entire first round of the playoffs.
    Pence: North Korea is 'getting the message'

    Pence: North Korea is 'getting the message'

    Pence's economic discussions in Tokyo will be closely watched to see how hard a line Washington is prepared to take on trade. Zhongnanhai sells the trucks to a dealer in the border city of Dandong before they are resold to North Korea, he said.
  • Raptors beat Bucks 87-76 in slugfest, tie series at 2-2

    Raptors beat Bucks 87-76 in slugfest, tie series at 2-2

    Giannis Antetokounmpo was limited to 14 points, but he still provided 9 rebounds, 4 assists, two balloon flights and two blocks. Through three games, they have outscored the Raptors by 35 points, and if anything, it has felt like even more.

    Team orders may see Bottas playing second fiddle

    Vettel went for the pit-stop early in the race in the 10th lap and had 24.702 seconds (3.1 sec pit-stop) in the pit area. Today, I lost a position at the start - exclusively my fault - and then you've got the time lost in the pit lane.
    Turkey blocks access to Wikipedia website: monitoring group

    Turkey blocks access to Wikipedia website: monitoring group

    Replying to questions on the Kurdish problem in Turkey, he said it could not be compared with the Kashmir issue. Erdogan said there should be no permanent or non-permanent seats in the UN.
  • D'oh! 'Simpsons' needle Trump ahead of 100-day milestone

    D'oh! 'Simpsons' needle Trump ahead of 100-day milestone

    Ivanka Trump is also seen standing next to Supreme Court justices and Ruth Bader Ginsburg is forced to give up her seat to the first daughter.

    Multiple People Stabbed, One Fatally, At UT Austin

    University of Texas student Harrison Brown was killed in the stabbing - he'd only just graduated from high school previous year . Last week, university police alerted the campus about a drive-by shooting near Dean Keeton and San Jacinto streets on Thursday.
    Trump's tax plan could cost an estimated $5.5 trillion

    Trump's tax plan could cost an estimated $5.5 trillion

    But again, it's impossible to know for sure without details about which income levels would be assigned to which tax bracket . It's also impossible to know what sorts of new or different tax breaks will be available for child care or elder care.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.