Earlier this month, an apex court in the European Union ruled that any citizen can ask search engines such as Google to delete any outdated or sensitive information on them. Google, which dominates the search engine market, channels 3.3 trillion searches each year and stores about 3,600 petabytes of data on 1.8 billion of its Gmail users (as of 2021). One petabyte can hold about 223,101 high-quality movies.
More than half of Alphabet’s revenue (Google’s parent company) came from Google Search in 2021, even though its share from advertising subsidiaries and YouTube advertisements is increasing. Google’s advertising subsidiaries and YouTube ads accounted for about 40 per cent of Alphabet’s revenue in 2021, up from 25 per cent five years ago.
A Business Standard analysis found that though most of Alphabet’s revenue in 2021 — 45.7 per cent — comes from the US, its growth has slowed over four years. Meanwhile, the revenue share from Europe, and the Middle East and Africa (EMEA) is almost twice that of the Asia-Pacific (APAC) region, but it is the latter that is growing at a faster pace.
The company’s profits in India have multiplied three-fold in the last five years. It registered a net profit of Rs 1,238.9 crore in FY22 compared to Rs 407.2 crore five years ago.