In the the company’s first earnings report since Sundar Pichai took over as CEO, Alphabet for the first time gave investors a look at revenue for two key businesses: YouTube and Google Cloud. The video platform generated $15 billion in ad sales in 2019, up 36% from $11 billion the year before. Cloud revenue […]
The head of Google, and its parent company Alphabet, has called for artificial intelligence (AI) to be regulated. In a piece for the Financial Times, Sundar Pichai said it was “too important not to” impose regulation but argued for “a sensible approach“. He said that individual areas of AI development, like self-driving cars and health […]
Google has announced a timeline for implementing new privacy standards that will limit third-party use of a digital tool known as cookies. Cookies track users’ internet activity and allow digital publishers to target advertising. Tech firms have faced pressure to increase privacy protections amid mounting data breaches. But analysts say the move gives Google more […]
Google co-founders Larry Page and Sergey Brin are relinquishing control of parent company Alphabet to current Google CEO Sundar Pichai. The news came via a joint press release. The two will remain employees of Alphabet and retain their seats on the board, but they will no longer oversee the company’s day to day needs going […]
Alphabet has announced Q1 2019 earnings to start the new year with revenue of $36.33 billion. It notably takes into account the $1.7 billion fine levied by the European Commission over Google AdSense violations. These numbers range from January to March, and did not meet analysis expectations with the stock down over 4% in after-hours […]
Google’s parent company Alphabet is facing legal action over the way it allegedly handled sexual misconduct claims against two senior managers. The legal action appears to have been prompted by the way that Google handled misconduct claims made against former Android boss Andy Rubin and former search head Amit Singhal. Both men are believed to […]
Alphabet today said it is putting its Nest and Google hardware teams together under a single roof. Since August 2015, Nest and Google have existed as separate entities under the Alphabet parent company. Moving forward, Google believes the two will work best together and thus the Nest team is being returned to Google. “The goal is […]
Alphabet has announced Eric Schmidt will be stepping down from his role as Alphabet’s executive chairman. Schmidt, who at one time was the CEO of Goggle, will be become a technical advisor to the firm and will still serve on Alphabet’s board. “Since 2001, Eric has provided us with business and engineering expertise and a […]
Alphabet Class A shares ($GOOGL) hit new record highs today, soaring past the $1,000 per share mark. Alphabet Inc Class A is up 7.80 points on the day, or 0.78%. Alphabet Inc Class C, is still just below the $1,000 mark. The new record prices come as Google’s ad business continues to grow, the Mountain […]
Thousands of Peruvians have been getting online using Project Loon, a connectivity X Company from Google’s parent company, Alphabet. Project Loon is a global network of tennis court-sized high altitude balloons carrying a small box of equipment to beam internet access to a wide area below. The balloons ascend like weather balloons until they reach […]
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