Despite bigger ambitions, Google is still an ad business

As we already know, Googles parent company Alphabet makes the bulk of its money from ads. We also learned in quarters past that revenue from its non-Google projects, which it calls Other Bets, have been growing at a slow, steady rate. From the companys just-released first quarter earnings report, this trend hasnt changed. Alphabet made about $31.1 billion this period, a 26 percent from the same quarter last year. Of this, about $26.6 billion were from ads, while $150 million were…Read more