Saturday, August 28, 2021

Filing in AGs' lawsuit against Google: the Play Store hit revenues of $11.2B in 2019, with $8.5B in gross profit and an operating margin of over 62% (Paresh Dave/Reuters)

Paresh Dave / Reuters:
Filing in AGs' lawsuit against Google: the Play Store hit revenues of $11.2B in 2019, with $8.5B in gross profit and an operating margin of over 62%  —  Alphabet Inc's (GOOGL.O) Google generated $11.2 billion in revenue from its mobile app store in 2019, according to a court filing unsealed on Saturday …



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Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel paid $17B for Altera in 2015 (Bloomberg)

Bloomberg : Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel...