8 MONTHLY ROUND - UP NEWS Google & Microsoft Struggle Due to Slow Economy The slowing economy has taken a toll on 2 of the Big 4 Tech giants, their July-to-September earnings have shown. Alphabet, Google’s holding company and Microsoft have seen a sharp drop in profits over the threemonth period. Alphabet announced a sale increase of just 6%, to $69bn – marking the company’s weakest quarterly growth in nearly 10 years apart from the start of the pandemic. Meanwhile, Microsoft said demand for its computers and other technology had weakened. Its sales saw an increase of 11% to $50.1bn – the tech giant’s slowest revenue growth in five years. Big tech firms saw their sales rise in the pandemic as locked-down customers and workers came to rely more on the technology they make. However, the sector’s future is not looking bright in the current environment. KanyeWest To Buy RightWing Platform Parler Ye, formerly known as Kanye West, has agreed to purchase Parler - a selfstyled “uncancellable” social media platform. This comes after his Instagram and Twitter accounts were banned last week for the anti-Semitic messages he posted on the platforms. Parler is known as a free-speech platform, alternative to mainstream social media channels. Its users are predominantly US conservatives. The CEO of the company George Farmer has said that Ye “will never have to fear being removed from social media again”. The Stories Everyone’s been Talking about Photo: Wikicommons - David Shankbone
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