Google's parent company, Alphabet, announces massive profits despite $2.74bn fine

Alphabet, the parent company of Google, has reported massive quarterly profits, despite the huge fine imposed on it last month by the European Commission.

The IT giant reported profits of $3.5bn for the first quarter of this year.

Revenue was up 21% compared to the same period last year - at €26bn.

In June, the EC fined the company $2.74bn for breaking anti-trust rules.

More in this Section

Blockchain can help fuel bright future for community renewable energy

Hundreds of jobs to go as Thomas Cook shuts 21 UK stores

My Job: Marymount serving the local community

Debenhams confirms plans for €230m refinancing


Ask an expert: Is my IVF child more likely to have behaviour problems?

The clocks are changing soon: 10 things to do now to stop your child’s sleep going haywire

Bargain buys to add a touch of spring to your home

Finding your tribe

More From The Irish Examiner