SAN FRANCISCO (AP) — Facebook on Tuesday launched an app that will pay users to share information with the social media giant about which apps they’re using. The company previously rolled out two similar apps that tracked what activities people did on their phones. But both were shut down after drawing criticism for infringing on…
Slowing Digital-ad Growth Could Force Change on Google
SAN FRANCISCO (AP) — While Google has dominated the online ad market for almost the entirety of its existence, its first quarter earnings report suggests that competitors may be nipping at its heels. Investors pushed down the stock of Google’s parent company, Alphabet, more than 7% in after-hours trading Monday after it reported revenue that…
Google Parent Beats Q4 Estimates, Stock Still Drops
Google parent company Alphabet beat Wall Street expectations for its fourth quarter earnings Monday, although its stock slid in after-hours trading over investor concerns about increased spending. Alphabet swung to a profit of $8.9 billion, up from a $3 billion loss in the same period a year ago due to the effects of a new…