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Google is scrapping its famous, lavish staff buffets as its reopens its offices, but employees can still get free food

LIVE: Google Parent Alphabet Reports Q1 2021 Earnings

Google Cloud brought $4.02 billion in revenue and had an operating loss of $974 million in Q1, versus $3.99 billion in revenue expected by analysts. That s compared to $3.83 billion in revenue and $1.24 billion in operating losses during Q4 2020, the first time Google broke out its cloud business performance separately. Google s ad business also continued to rebound, following its first-ever revenue decline in Q2 2020, as advertisers reallocate their budgets back toward Google s platforms, especially YouTube, which brought in $6.01 billion in revenue during Q1 2021. Following Alphabet s Q4 2020 earnings, analysts told Insider s Hugh Langley that YouTube s explosive 46% year-over-year Q4 growth signaled that the company has finally started tapping into lucrative TV ad spending.

Alphabet reports Q1 earnings as it blows past Wall Street expectations

Alphabet reports Q1 earnings as it blows past Wall Street expectations
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How Microsoft, Google, Apple, Amazon Are Investing in Healthcare

Larry Page, Sergey Brin Net Worths Reach $100B: Bloomberg

Chris Hondros/Getty Images Google co-founders Larry Page and Sergey Brin have joined the $100 billion club. Their net worths have soared by a collective $40 billion during the pandemic thanks to soaring tech stocks. Page and Brin own controlling shares in Google parent Alphabet. Google cofounders Larry Page and Sergey Brin are now worth more than $100 billion thanks to surging tech stocks. Page and Brin join six other current centibillionaires: Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, Microsoft co-founder Bill Gate, LVMH CEO Bernard Arnault, Facebook CEO Mark Zuckerberg, and Berkshire Hathaway CEO Warren Buffett. Page is worth $103.6 billion, while Brin is worth $100.2 billion, according to estimates by Bloomberg s Billionaire Index.

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