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Google’s cloud business turns profitable for the first time on record

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018.

Stephen Lam | Reuters

Google has been pouring money into its cloud-computing business to compete with Amazon and Microsoft. Those hefty investments are finally turning a profit.

Alphabet said Tuesday that Google’s cloud business is profitable for the first time in the three years it’s been reporting operating…

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