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Monday, October 13, 2025

Google’s parent company, Alphabet, announces massive profits despite $2.74bn fine

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Alphabet, the parent company of Google, has reported massive quarterly profits, despite the huge fine imposed on it last month by the European Commission.

The IT giant reported profits of $3.5bn for the first quarter of this year.
Revenue was up 21% compared to the same period last year – at €26bn.

In June, the EC fined the company $2.74bn for breaking anti-trust rules.


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