Recent technological News updates-:Technology industry's long jump in times of economic recession.
But the advertisement income of Facebook and Google is affected.
According to the Tech News Report, Financially technology company has never been so strong, After the COVID-19 epidemic, people are now spending extra time on the screen while working from home. Google's parent company Alphabet's business in this quarter is 13% larger than last year. Its profit has gone up to Rs 53046 crore. 3 billion Facebook users are spending more time on their services. Microsoft has earned a profit of Rs 81084 crore in this quarter.
Weak signs are also behind these figures. Advertising revenue may also be affected by Google and Facebook. Compared to the previous year, this time its search advertising has fallen by 15% in March. small businessmen are spending less money.
On the other hand, the methods of growing the business are becoming apparent.
In the March quarter, streaming service Netflix added 16 million new users. Music service Spotify also has the same status. Microsoft and Zoom are providing the necessary infrastructure for remote working Amazon's cloud computing service business has also made a long jump.
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⤷https://businessdip.blogspot.com/2020/04/infosys-quarterly-profit-increased-by-63.html
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