Business Amid the pandemic, Big Tech reports mixed earnings Updated : July 31, 2020 01:25 PM IST Alphabet, Google’s holding company, reported its first-ever drop in quarterly revenue compared to the prior year. Facebook, which also makes most of its money from digital ads, recorded an 11 percent increase in revenue from the prior year, the company’s slowest growth since going public eight years ago. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.