Google's Search revenue growth slows as AI monetization lags behind

·2 views

Alphabet reported that Google search queries are growing at their fastest pace in five years. However, Search revenue growth slowed to 12 percent year over year in the third quarter, down from about 17 percent previously. Growth in paid clicks, which generate ad revenue for Google, also decelerated, from 13 percent to 8 percent. The slowdown has disappointed investors, especially since Alphabet plans to spend roughly $200 billion this year on infrastructure, largely to support AI, and Alphabet shares have fallen about 14 percent since the report.

Read the full story at The Verge

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Canva cuts 22% of staff as growth slows and it faces its toughest year yet

Australian design platform Canva is laying off roughly 22% of its workforce, affecting more than 1,200 employees. The company has described the current period as its hardest year so far. The cuts come as the business confronts slowing growth. The article provides no further detail on timing or specific departments affected.

0 comments Read more at TechCrunch

TechnologyThe Verge ·

Ocarina of Time Still Holds Up, Even as Zelda Moves Toward Open Worlds

The article argues that The Legend of Zelda: Ocarina of Time remains relevant decades after its release. It notes that Breath of the Wild revitalized the franchise by emphasizing open-ended exploration and player freedom. That design philosophy carried into later entries such as Tears of the Kingdom and Echoes of Wisdom, which let players devise their own solutions to puzzles. The piece observes that Zelda's popularity has grown substantially as a result. It also suggests that the more linear, traditional Zelda style has become less common in the series.

0 comments Read more at The Verge

TechnologyTechCrunch ·

EloElo raises $80M from NBCUniversal to expand in India's microdrama market

Indian microdrama startup EloElo has secured $80 million in funding from NBCUniversal. The investment is aimed at capitalizing on the rapid growth of short-form serialized video content in India. The company's rival, StoryTV, reportedly has over 33 million monthly active users, according to Sensor Tower data. The deal underscores growing international interest in the country's expanding digital entertainment market.

0 comments Read more at TechCrunch

TechnologyThe Verge ·

AMD Posts Record Quarterly Revenue on Strong Data Center Demand

AMD reported its largest and most profitable quarter in company history, according to CEO Lisa Su on Tuesday's earnings call. The chipmaker posted record quarterly revenue of $13.4 billion, with its data center division contributing $8.5 billion. AMD forecasts revenue of about $17 billion next quarter, which would set another record. Su also projected that 2027 revenue will grow more than 80 percent, with data center expected to be the largest contributor.

0 comments Read more at The Verge