Google Cloud is still losing buckets of money

In a bid to try and cut down on losses from its cloud business, Google decided to extend the life of its hardware by a year, sometimes even two. 

The news was revealed during parent company’s Alphabet’s Q4 2021 earnings call where the company said it had reduced depreciation expenses by $2.6 billion.

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.