Google Cloud growth slows as Alphabet net income plunges
CIO Business Intelligence
FEBRUARY 3, 2023
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. billion a year ago, according to company results posted Thursday.
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