Google cloud announces first ever profits while Azure continues to grow at almost 30% annually, defying expectations of a slowdown
'I feel comfortable with all the investments we've made in making sure we can develop AI responsibly,' says Pichai
Plans to buy back up to 35 million shares as finance firms QCM and Marshall Wace bet against it
Although the online ad slump may be bottoming out says CEO Evan Spiegel
Anticipates further losses next quarter
Cambridge-based AI security company reduces forecasts and loses £300 million in market value
It is unclear at this stage which departments will be affected by the impending job cuts
'Our costs are too high and our margins are too low,' says CEO Gelsinger