Here's a great quote--illuminating and yet shocking to old media--
The press, Google, its algorithm, their scale | Monday Note: "Legacy media (particularly European media) must deal with a harsh reality: despite their role in promoting and defending democracy, in lifting the veil on things that mean much for society, or in propagating new ideas, when it come to data, news media compete in the junior leagues. And for Google, the most data-driven company in the world, having newspapers articles in its search system is no more than small cool stuff."
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Alphabet blows past Wall Street's quarterly earnings expectations as search and YouTube ad revenue surge - Alphabet reported that Q2 total revenue jumped 62% year-over-year as advertising revenue soared and Google Cloud continued to grew.