Alphabet names John Hennessy as chairman, after Eric Schmidt's departure last year; Google's traffic acquisition costs to distributors reaches 24% of ad revenue (Matthew Lynley/TechCrunch)

Matthew Lynley / TechCrunch:
Alphabet names John Hennessy as chairman, after Eric Schmidt's departure last year; Google's traffic acquisition costs to distributors reaches 24% of ad revenue  —  Google parent company Alphabet's big run over the past few months came to a screeching halt today after it came …

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