Walter Price

2 results

Alphabet’s cash is produced almost entirely by its search advertising business, which has been supplemented by strong growth from YouTube. Photograph: Getty

The corporate world has a new king of cash. The title for the company with the biggest financial reserves, held by Apple for a decade, has passed to G(...)

The share buybacks by Apple, Alphabet, Cisco, Microsoft and Oracle since Donald Trump’s tax change came into force at the end of 2017 are nearly double what the companies spent in the whole of last year.  File photograph: Carlos Barria/Reuters

The five US tech companies with the largest cash piles took advantage of US president Donald Trump’s tax reforms to spend more than $115 billion in th(...)