Despite a year that saw it contend with the disruption caused by a global pandemic, threats from regulators and the challenge of leading the online ad industry toward a cookieless future, Google still managed to earn handsome revenues in 2020.
Earlier today Google posted performance figures that demonstrate its growing competition with both Amazon and traditional media players, particularly those in the TV sector. Parent company Alphabet posted revenues of $56.9 billion for the final quarter of 2020, amounting to a 23% year-over-year rise with total earnings for the fiscal year coming in at $183 billion as Google saw ad spend increase after an earlier blip in the year.
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