How Google turned its long-awaited YouTube and Cloud revelations into shiny objects designed to distract you (GOOG)

Alphabet for the first time on Monday disclosed the amount of revenue it gets from selling ads on YouTube and from its cloud business.
The new disclosures were welcome, but incomplete; Alphabet didn't reveal the bottom line of either business and didn't separate out its two major cloud product lines.
Excitement about the disclosures threatened to overshadow a disappointing and problematic earnings report.
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