Alphabet first-quarter revenue misses estimates

(Reuters) - Google-parent Alphabet Inc missed Wall Street estimates for first-quarter revenue on Monday, amid increased scrutiny on the company's privacy practices and efforts to restrict advertising on potentially offensive content. The company reported a net income of $6.66 billion, or $9.50 per Class A and B common share and Class C capital share in the three months ended March 31, from $9.40 billion, or $13.33 per share, a year earlier.

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