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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 billion, up just 1% from $75.3

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Google parent company Alphabet sees its first revenue decline in history

The Verge

Net income dropped from $9.9 One bright spot was YouTube, where advertising revenue rose from $3.6 Google “other revenues,” which includes its hardware, Play Store, and non-advertising YouTube revenues — reported $5.12 Total revenue for the quarter was $38.3 billion, versus the $37.4 billion a year ago, to $6.9

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YouTube brings in $5 billion in ad revenue as Alphabet and Google bounce back

The Verge

Google parent company Alphabet’s third quarter revenue increased 14 percent from the year before, led by a rebound in advertising revenue for both Google and YouTube. This quarter, the advertising rebound in both search and YouTube helped drive the revenue, Ruth Porat, CFO of Alphabet and Google said in a statement announcing the earnings.

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Kicking the Tires: Verisign DNS Firewall

CTOvision

This means, during this time there has not been a single outage, testimony to their ability to deliver reliable DNS services at scale (they also provide DNS services for.gov,net, and.edu). Verisign also serves the cybersecurity community through the highly regarded cyber intelligence services of its iDefense team.

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Going Dutch: Digital Realty Partners With KPN in Netherlands.

Data Center Knowledge

KPN has signed a long-term, triple net lease with Digital Realty for an existing data center in a 7,000 square foot building at the site, which has a potential power capacity of 3.5 Amazon has cut prices for dedicated EC2 instances – an instance on single-tenant hardware that is particularly attractive to enterprise customers.

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Microsoft reports weaker Surface and Windows revenue amid global chip shortage

The Verge

billion and a net income of $16.5 Revenue is up 21 percent, and net income has increased by 47 percent. Microsoft’s Xbox Series X and Series S consoles are now on their third quarter of sales, after helping grow hardware revenue in recent months. Hardware revenue is up again, as expected, by 172 percent.

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CoreSite Raises Guidance, Sees Gains in Interconnections » Data.

Data Center Knowledge

Here’s a look at some of the key developments for CoreSite (COR) in the quarter: It leased out 42,672 net rentable square feet of new and expansion leases with annualized GAAP rent of $147 per square foot. It’s averaging $180 per net rentable square foot and it recently renewed 44k with an average 5.4% rent increase.

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