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Google shares dip in second-quarter after report of measles outbreak

Google shares dip in second-quarter after report of measles outbreak

Google shares fell sharply in the second quarter of this year as a measles outbreak in Europe prompted an increase in people using the social media site to share health information and spread misinformation about the virus.

Google said Thursday that the company is reducing its revenue for the second-half of the year by about 30% to $9 billion from $10 billion.

The company said it plans to restructure its corporate offices and reduce its workforce in Europe, which will be responsible for helping the company “maintain our core business and the quality of care we provide.”

The company has said it will increase its efforts to prevent outbreaks of measles.

Google shares are down nearly 9% since the start of the week.