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...
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...
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...