Google, Amazon suffer market setbacks on sales outlook


  • TECH
  • Friday, 26 Oct 2018

Workers move a speaker next to a Google logo during the announcement of the plans for their data centre expansion in Santiago, Chile, September 12, 2018. REUTERS/Ivan Alvarado

SAN FRANCISCO: Internet titans Google and Amazon came under an investor cloud after posting disappointing sales updates, with the search leader also on the defensive for reportedly hushing up sexual misconduct. 

Two of the world’s most valuable companies suffered slides in their share prices after releasing their quarterly earnings, declines that fuelled pessimism in Asian and European stock markets on Oct 26. 

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