Google empire built on search looks to other bets


A security guard keeps watch as he walks past a logo of Google at an exhibition stage during the 4th China (Shanghai) International Technology Fair 2016 in Shanghai, China, April 21, 2016. REUTERS/Aly Song

SAN FRANCISCO: A Google empire built on search shifted attention to high-speed Internet networks, 360° video broadcasting and “other bets” as parent company Alphabet logged disappointing earnings. 

Alphabet said net income hit US$4.2bil (RM16.40bil) in the first three months of this year, but shares sank more than 5% to US$714 (RM2,788) in after-market trades that followed release of the report. 

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