Alphabet’s YouTube is doubling down on the lucrative business of competitive gaming, where players square off on virtual games for big prize money in tournaments. The video site recently made its biggest investment in the business to date, signing a multi-year deal with e-sports platform FACEIT to stream its competitive gaming league, the Esports Championship Series […]
Nest — a fellow subsidiary of Google’s parent company, Alphabet — has only made its products available in 7 countries. Now the company has announced that its products will soon be available in four new European countries: Austria, Germany, Italy and Spain… This brings the total number of countries where Nest products are available to 11, […]
Google has announced that its Fiber division would lay off employees and stop expanding into new cities, hobbling the search giant’s six-year-old experiment in becoming an Internet service provider. In a blog post, the head of Alphabet’s Access division, Craig Barrat, confirmed that he will step aside as the group, which includes Google Fiber, pauses its […]
YouTube has one billion monthly users millions and millions of hours of video are watched on the platform every day. But the Alphabet-owned video site is still in the investment stage, according to Susan Wojcicki, CEO of YouTube. “We are still in investment mode,” Wojcicki said at the Fortune Most Powerful Women summit in Laguna […]
DeepMind has introduced a new “computer” that uses memories to answer questions and even navigate the London Underground. The UK-based artificial intelligence firm, owned by Google parent company Alphabet, built a “differentiable neural computer” (DNC), which consults its own memories to acquire and dispense information—much like the human brain “We showed how neural networks and […]
Nest founder and former Apple executive Tony Fadell, who championed the iPod before starting home-automation company Nest is leaving his CEO role at the company, which is now owned by Alphabet (formerly Google). In a statement, Fadell claims he began discussions with Google about his “next endeavor” last year, and will move into an advisory […]
Alphabet subsidiary Google is in line for fines totaling at least €3 billion ($3.4 billion) from the EU for abuse of its monopoly position in search. The European Commission investigation into Google’s search practices dates back to 2010, with officials in Brussels said to be close to issuing its findings and the final penalty, reports […]
Google parent company Alphabet has once again surpassed Apple in terms of value based on market capitalization. CNBC points out that Alphabet (GOOG) saw its market cap around $498.56 billion during trading today, while Apple (AAPL) saw its market cap down around $496.69 billion. Apple is often prided with the title of most valuable company in the world, […]
Microsoft and Alphabet, parent company of Google, have agreed to cease all ongoing regulatory fights between them. Microsoft has complained to US and European Union antitrust regulators often and loudly with respect to Google’s search practices and other behaviors. Microsoft said it has changed its legal priorities and would rather compete against Microsoft in the […]
According to a new report from Re/code, Alphabet-owned Nest is under-performing and its future at Google could be in jeopardy. The report, citing three people with knowledge of the matter, says that Nest generated $340 million in sales last year and while that’s solid for a company focused mainly on Internet-connected thermostats, it’s not as […]
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