Alphabet, the search giant’s parent company, reported a 19 percent year-on-year boost in revenue yesterday and collected $9.2 billion in profit last quarter. That beat analysts’ expectations, but the same can’t be said for Amazon — whose $5.22-per-share quarterly profit fell short of the projected $5.56, thanks to the $800 million cost associated with one-day delivery. Still, the online retailer’s revenue rose 20 percent, while CFO Brian Olsavsky pledged a “return to increased efficiency.” 

Sourced through Scoop.it from: www.ozy.com