New York (CNN Business)Google’s ad sales machine is still going strong even as regulators and consumers scrutinize the tech industry’s data-privacy practices.
Alphabet (GOOGL), the parent company of Google, said in an earnings report released Monday that its total revenue for the final three months of 2018 was $39.3 billion, an increase of 22% from the same period a year earlier.
The growth, which was better than expected, was fueled in large part by Google’s advertising business, which accounted for $32.6 billion of Alphabet’s overall revenue — up 20% from $27.2 billion in the year prior.
