Middle-east Arab News Opinion | Asharq Al-awsat

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Google logo at the company’s Asia-Pacific headquarters during its opening day in Singapore on November 10, 2016. (Getty Images)

Alphabet Profits Slide after Historic EU Fine

by Asharq Al-Awsat English | Jul 25, 2017 | Business

Alphabet, the parent company of popular search engine Google, saw its slide take a hit on Monday in wake of the historic fine imposed on it by the European Commission. Alphabet reported a quarterly profit of $3.5 billion, in a sharp decline from a year ago, with a...

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The logo for US technology company and search engine Google is displayed on screens in London. (AFP)

EU Hits Google with Largest Fine in its History over Antitrust Issues

by Abdullah Mustafa and Ahmed al-Ghamrawi | Jun 28, 2017 | Business

Brussels, Cairo – European Union antitrust regulators hit Google on Tuesday with a historic and unprecedented fine of 2.42 billion euros (2.7 billion dollars) over the company’s dominance in searches and smartphones. The fine against Alphabet unit Google, is the...

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Investors Concerned as LinkedIn Shares Plunge 35 Pct

Investors Concerned as LinkedIn Shares Plunge 35 Pct

by Asharq Al-Awsat English | Feb 5, 2016 | Technology

LinkedIn Corp’s revenue forecast shocked Wall Street as it deeply failed to live up to expectations when shares of the social network for professionals plunged about 35 percent on Friday, erasing nearly $9 billion of market value. The company recorded its...