Great, thanks for taking the questions. Thanks. So AI is a good example of it. They forecast a dip in revenue and plunging adjusted EPS compared to the same period a year ago., Investors will pay particular attention to a key metric: traffic acquisition costs (TAC), a measure of how much the company pays to pull people into their sites. According to Google, the new feature has been widely rolled out in the US in April and will be soon rolled out globally and is seeing very positive responses. And then in terms of the geographic breakdown for YouTube, we haven’t broken that down although I think as you know well, we have a breakdown for the major regions around the world and to give you a little more color there, in mid-February, revenue growth across the business began to decelerate in APAC, although as I noted, the decline in APAC was more muted just given the uneven impact of COVID and the nature of our business across the region and then the impact in EMEA was first evident in mid-February with a steeper fall off in March and in the second week of March, we then saw results in the U.S. as well as other Americas fall off shortly, but nothing more specific by product. People who may have been hesitant to shift their budgets are looking through moments like this and trying to get all that working better. We’ve been executing well over there for the past year and the growth on Google Pay has been strong and so being able to bring all of that together along with strong players like PayPal etc will help us give great experience for our users here. But the digital transformation does have its perks and offers a fair advantage to the company. I’ve included my opening remarks from the call below.
It’s a good question and we are thinking deeply about it as well. It reported $135 million revenue primarily generated by Verily and Fiber from $172 million last quarter. Beyond that, we are actively looking at how user patterns are emerging. In March, we made a commitment upwards of $800 million to support small businesses and crisis response efforts through a combination of grants, small business loans, and ad credits and the Google News initiative is offering financial support to thousands of small, medium, and local news publishers through a Journalism Emergency Relief Fund.
Tips/talk: abner@9to5g.com, Pixel 5 Review: An exercise in compromise [Video], OxygenOS 10.0.9/10.0.14 rolls out for OnePlus 7/7T, You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. And then on your second question on capital returns, we believe a share purchase program for us appropriately sized is responsible in the current environment based on our capital allocation framework and our cash balance. Shares of GOOGL were up slightly in after-hours trading. The shift over time on computing to ambient computing is something we are going to be deeply committed to and continue to invest there. I was proud to share some of the ways we’ve come together as a company to help people and businesses during this time—thank you all for your efforts. But Google acknowledged a "significant slowdown" of its ad revenue. This includes our efforts to tackle misinformation and digital threats as well as our work to safeguard consumer privacy. In the case of app campaigns, we have done it with universal app campaign. Elsewhere across the business, YouTube subscriptions continued to grow. I’ll give just a few examples. Reach out to our Digital Solutions team today to start a conversation! 28, 2020, Jim Friedland — Director of Investor Relations, Heather Bellini — Goldman Sachs — Analyst, Michael Nathanson — MoffettNathanson — Analyst, Dan Salmon — BMO Capital Markets — Analyst. Could you explain a little bit more about the reasons for making those changes and expanding the free listings or creating the free listings and what drove you to make that decision now? A traffic acquisition cost is a payment made by Internet search companies that directs consumer and business traffic to their websites. And then Sundar just to go back to your comments about the shift towards digital opportunities or digital transformation. A working paper shows, © 2020 AlphaStreet Inc. All Rights Reserved, Bank of America Corp. (BAC) Q3 2020 Earnings Call Transcript, First Hawaiian, Inc. (FHB) Q3 2020 Earnings Call Transcript, Trxade Group Inc. (MEDS) Q3 2020 Earnings Call Transcript, Earnings calendar for the week of Oct. 26, Southwest Airlines (LUV) expects business travel to remain down well into next year, Big banks have their eyes on second half of 2021. “Google other revenues” — which includes hardware, Play Store, and non-advertising YouTube revenues — reported $4.44 billion, compared to $3.62 billion the same quarter last year (now excluding Cloud). First, creating the most helpful products for everyone, particularly at a time where people rely on us for information, work, education, and entertainment.
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