Google Cloud revenue doubles to $30.7bn, beating forecasts

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Google Cloud more than doubled its revenue in the third quarter, beating analysts’ forecasts, Alphabet said on Wednesday. Weaker growth in search advertising, however, meant the group as a whole fell short of expectations. Cloud revenue rose 103% from a year earlier to $30.7bn, according to Alphabet’s quarterly results. Analysts had expected $29.57bn, Reuters reported, citing LSEG […]This story continues at The Next Web