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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

.Net 52
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Cloud division saves Microsoft from weak Xbox and Windows performance

TechSpot

Net income, however, slid 12 percent year over year to $17.37 billion and diluted earnings per share checked in at $2.32 (down 11 percent compared to Q4 2021). billion haul represented a modest two percent gain compared to the same period a year earlier.

.Net 120
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AI-powered deep neural nets increase accuracy for credit score predictions

Venture Beast

At Transform 2021, Credit Karma's CTO discussed migrating to the cloud and adopting machine learning to improve personalized recommendations. Read More.

.Net 99
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Google parent Alphabet’s Q1 profits dropped by more than $1 billion compared to 2021

The Verge

After a record-breaking 2021 with annual revenue of $257 billion — the first time it has gone over $200 billion for a year — Google’s parent company reports in a filing (pdf) that it has started off 2022 with Q1 revenue that’s up 23 percent from the same period last year , reaching $68 billion. billion 2021: $55.3 billion 2021: $55.3

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Atos deal to sell its legacy service business falls through

CIO Business Intelligence

Atos revealed the plan to split itself in two last year, after its larger rival, IBM, spun out its own managed infrastructure services business to form Kyndryl in November 2021. Eviden includes the company’s transformation acceleration, smart platforms, cloud, digital security, advanced computing and net zero transformation activities.

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Microsoft Office, cloud services, and Windows boost revenue in Q2

The Verge

billion and a net income of $18.8 Revenue is up 20 percent, and net income has increased by 21 percent. The PC market just had another big year thanks to continued pandemic demand, with around 340 million PCs shipped in 2021. Windows Commercial products and cloud services revenue also increased 13 percent.

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Microsoft Office, Windows, and cloud boosts Q1 2022 earnings

The Verge

billion and a net income of $20.5 Revenue is up 22 percent, and net income has increased by 48 percent. Microsoft has seen strong revenue performance in its cloud, server, and Office businesses this quarter. The last publicly disclosed one was 18 million Xbox Game Pass subs in January 2021. billion (GAAP).

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