Also Read: Facebook Hits 2.7 Billion Users, Tops Wall Street's Q2 Revenue EstimatesDuring Alphabet’s earnings call, CFO Ruth Porat said it had seen a “modest” uptick in ad sales in July, but that it would be “premature to say we’re out of the woods.”Alphabet’s Q2 report came out a day after CEO Sundar Pichai — along with the chief executives of Apple, Amazon and Facebook — virtually testified before Congress.
The hearing, which aimed to touch on potential antitrust practices used by the four tech giants, often veered into different topics, including tech censorship, Google’s ties to China, and even questions about Gmail’s spam email settings.
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