It is learned that on October 26, Google's parent company Alphabet announced its third-quarter financial report, which exceeded expectations. After the financial report was released, the company's stock did not change much. The following is a summary of the financial report:
It is learned that Snap's financial performance in the third quarter was lower than expected due to the impact of Apple's privacy policy. When analysts asked whether Apple's data privacy policy changes affected Google's own advertising business, Alphabet Chief Financial Officer Ruth Porat said they had little impact on YouTube's revenue.
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