Google’s parent company Alphabet told a TED conference in Vancouver that its Project Loon Internet-delivery balloons had successfully delivered speeds of 15Mbps – fast enough for streaming video. It is preparing for carrier tests in Indonesia and elsewhere this year. Alphabet X head Astro Teller said that the company tried a lot of unsuccessful balloon designs […]
Alphabet’s just-released Q4 earnings has seen its stock price rise in after hours trading, resulting in the Mountain View-based company passing Apple to become the most valuable company in the world. The company’s market capitalization was $517.6 billion at close, and while the price is still fluctuating after hours, Alphabet’s market cap will be over […]
As part of its recently-announced corporate restructuring, Google will be parting ways with Niantic Labs, creators of the Ingress and Field Trip apps. Google will now be part of the larger Alphabet parent company. While companies like Nest will remain under the Alphabet umbrella, Niantic will spin out to be a completely separate company. Niantic’s […]
BMW on Tuesday said it was looking into whether Google infringed any trademark rights after the Silicon Valley-based group set up a new company called Alphabet, which is also the name of a BMW subsidiary. “We are examining whether there are any implications over trademarks,” a BMW spokeswoman said on Tuesday. The spokeswoman said there […]
Google is creating a new publicly traded parent company called Alphabet Inc. that will be run by Google co-founders Larry Page and Sergey Brin. Google will become a subsidiary of Alphabet and is getting a new CEO in Sundar Pichai. “Our company is operating well today, but we think we can make it cleaner and […]
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