Google News

CANBERRA, Australia (AP) — Microsoft said on Wednesday it supports Australia’s plans to make the biggest digital platforms pay for news and would help small businesses transfer their advertising to Bing if Google quits the country. Microsoft has been positioning itself to increase market share for its search engine Bing after a Google executive told a Senate hearing last month that it would likely make its search engine unavailable in Australia if the government goes ahead with a draft… Source link

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Microsoft has moved to capitalise on Google’s threat to shut its search engine in Australia, throwing its weight behind efforts to make Big Tech pay for news content and offering to transfer small businesses to its rival service Bing at no cost. The Seattle-based company on Wednesday slammed Google’s threat to exit Australia over the news media bargaining code and said it fully supported a draft law aimed at forcing technology groups to pay news providers for… Source link

By Paresh Dave and Munsif Vengattil (Reuters) – Google parent Alphabet Inc on Tuesday topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction. Alphabet shares jumped about 8% to $2,067 in extended trading. Google, which generates more revenue from internet advertising than any other company, benefited from lockdowns that drove retail and other clients online, helping… Source link

Google Cloud posted an operating loss of $1.2 billion in the final quarter of 2020, 4% worse than a year earlier, the tech giant reported Tuesday. The unit lost $5.6 billion for the full year, an increase of nearly 21%. The company’s overall business is doing just fine, however, with a net profit of $15.2 billion — up 43% from the same period last year — on revenues of nearly $57 billion, up 23% and higher than analyst estimates. Google (GOOGL) stock jumped more than 6% in after-hours… Source link

[unable to retrieve full-text content] Google owner Alphabet sees record growth as ad spend soars  BBC News Alphabet’s Google posts record sales as retailers shell out for ads  Reuters In Its Race To Beat AWS And Azure, Google Cloud Lost $5.6 Billion In 2020  Forbes Google’s rebounding ad revenue spells big 4Q for Alphabet  ABC News Google’s cloud business is losing money | | kctv5.com  KCTV Kansas City View Full Coverage on Google News Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

SAN RAMON, Calif. (AP) — Google’s digital advertising empire is regaining the momentum it lost during the pandemic’s early stages as its YouTube video service matures into a major marketing magnet and other companies pour more into promotions aimed at cooped-up consumers with money to spend. The comeback highlighted the latest quarterly results released Tuesday by Alphabet Inc., Google’s corporate parent. As usual, Alphabet generated all but a small fraction of its revenue… Source link

In the Southeast United States, Google GOOG is one of the large industrial actors leading an effort to restructure the region’s energy markets. Google, and other corporations backing this proposal, claim they are acting virtuously to secure more clean energy. However, the reality is that these efforts are best seen as a strategy for reducing their electricity bills rather than carbon emissions, and should it succeed it would result in most other Americans— including low income… Source link

Google is beginning Black History Month with an update to shopping search results that makes it easier to find and support Black-owned businesses. Search interest in Black-owned businesses is reaching record highs, having increasing 600% in the past 12 months. Interest in related search terms such as “black owned restaurants,” “black owned bookstores,” and “black owned beauty supply” is increasing as well. Now Google is helping searchers find these businesses with a… Source link