Alphabet Reports 12% Increase in Revenue

Google might be threatened with a breakup after losing two antitrust cases, but in the meantime it can console itself with piles of money.Alphabet, Google’s parent company, on Thursday posted revenue of $90.23 billion for the first quarter, up 12 percent from a year earlier. Net income was $34.54 billion, up from $23.66 billion. Earnings per share were $2.81.The revenue was more or less what analysts had…