Google's tale of two quarters. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
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Digital
 
April 29, 2020
 
 
Alphabet Posts $41.2 Billion Q1 Revenue Amid 'Significant Slowdown'
 

As Covid-19 began to make its way through the world at the beginning of this year, Google's parent company, Alphabet still managed to bring in $41.2 billion in revenue in its first quarter. Total revenue for the period was up 13% year over year.

In other news, Covid-19 is continuing to affect workforces throughout the industry, including at OpenX which handed down changes to 15% of its workforce, WhatsApp began rolling out the ability to put eight people in a video chat and YouTube is bringing fact-checking features to the U.S.

Please consider supporting our journalism with an Adweek Pro Subscription and gain full access to all of Adweek's essential coverage and resources.

 
 
 
 
 
 
OpenX Cuts Staff and Salaries Due to Financial Impact of Coronavirus
 

Roughly 15% of the ad-tech firm's workforce has been either laid off, furloughed or had hours reduced.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
YouTube Brings Fact-Checking Displays to the US
 

It’s the latest step by the platform to combat misinformation.

 
 
 
 
 
Instagram Live Gets the Donation Sticker
 

The livestreaming feature has seen a 70% spike in usage over the past month.

 
 
 
 
 
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WhatsApp Begins Rolling Out the Ability to Have Up to 8 People on Video Calls
 

Facebook CEO Mark Zuckerberg discussed the new feature last week.

 
 
 
 
 
 
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