Google's persistent ad slump weighs on Alphabet's 1Q results
https://apnews.com/article/google-alphabet-ad-slump-earnings-ai-buyback-f5af0438b312b18bafbd40ee79e94be7
SAN FRANCISCO (AP) — Google’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threaten to undercut its dominant search engine.
An unprecedented downturn in Google’s digital ad revenue – the company’s main moneymaker for more than 20 years – came into sharper focus Tuesday with the release of the January-March results for owner Alphabet Inc.
Google's persistent ad slump weighs on Alphabet's 1Q results
Apr 26, 2023, 4:14am UTC
https://apnews.com/article/google-alphabet-ad-slump-earnings-ai-buyback-f5af0438b312b18bafbd40ee79e94be7
> SAN FRANCISCO (AP) — Google’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threaten to undercut its dominant search engine.
> An unprecedented downturn in Google’s digital ad revenue – the company’s main moneymaker for more than 20 years – came into sharper focus Tuesday with the release of the January-March results for owner Alphabet Inc.