Quantcast
Viewing all articles
Browse latest Browse all 313

Alphabet's 2Q earns soar despite rising 'moonshot' losses

SAN FRANCISCO— Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue. Huge chunks of the losses have been piling up in Alphabet's "X'' lab, a wellspring of far-out ideas that has become known as a" moonshot factory "since Google co-founder Sergey Brin launched...

Viewing all articles
Browse latest Browse all 313

Trending Articles