Google parent company Alphabet reports 'terrific quarter'

Google parent company Alphabet reported a strong last quarter in its latest financial results, announcing a revenue increase of more than five billion US dollars (£3.8bn) on the same period last year.

Google parent company Alphabet reported a strong last quarter in its latest financial results, announcing a revenue increase of more than $5bn on the same period last year.

The technology giant saw revenue for the three months ending September 30 rise by 24%, with net income also increasing to $7.8bn.