Tag Archives: Alphabet

George Washington University Global Competition Professor of Law and Policy Bill Kovacic provides insight into Facebook and Google facing multiple antitrust lawsuits. Two Google software engineers announced they will form a union open to all employees of Alphabet, Google’s parent company, and accused the tech giant of collaborating with repressive governments, mishandling accusations of sexual misconduct against executives and other wrongdoing. Ticker Security Last Change Change % GOOGL ALPHABET… Source link

A prototype from Project Amber of an EEG headset. Alphabet Alphabet‘s experimental research group, X, has been quietly working on an experimental project to monitor symptoms of depression. A blog post published on Monday details how a team of neuroscientists, hardware and software engineers and product experts have been working on a series of prototypes for three years under the name “Project Amber.” The goal is to come up with a more objective way to monitor symptoms of depression. Nearly half… Source link

Google parent company Alphabet’s third quarter revenue increased 14 percent from the year before, led by a rebound in advertising revenue for both Google and YouTube. YouTube brought in $5 billion in advertising revenue in the third quarter of 2020 — a sign that advertisers who pulled back on their spending because of the coronavirus earlier in the year may be returning to something resembling normal. YouTube now has more than 30 million music and premium paid subscribers — 35… Source link

The historic lawsuit will be an underlying theme, both in the short and long term, when Alphabet Inc.’s GOOGL, +1.63% GOOG, +1.58% Google announces third-quarter results on Oct. 29 — the same day as Facebook Inc. FB, +2.39%, Amazon.com Inc. AMZN, +0.88%, Apple Inc. AAPL, -0.61% and a raft of other tech companies. Antitrust story lines abound. On Oct. 28, Google… Source link

The internet giant on Thursday reported nearly $38.3 billion in revenue for the second quarter, down 2% from the year prior. Still, revenue was slightly higher than the $37.4 billion Wall Street analysts had expected. The company posted net income just shy of $7 billion, which also beat analysts’ projections. “We continue to navigate through a difficult global economic environment,” Alphabet CFO Ruth Porat said in a statement with the earnings report. Source link

Google parent company Alphabet warned in last quarter that it was expecting to see the impact of coronavirus in the second quarter results, and it was: the company saw its first revenue decline in its history. But it managed to beat Wall Street’s revenue expectations. Total revenue for the quarter was $38.3 billion, versus the $37.4 billion expected, but that marks a 2 percent decline from the second quarter of 2019. Net income dropped from $9.9 billion a year ago, to $6.9 billion…. Source link

Thursday, July 30, 2020 4:24 p.m. EDT by Thomson Reuters By Paresh Dave and Munsif Vengattil OAKLAND, Calif./BENGALURU (Reuters) – Google parent Alphabet Inc’s quarterly sales fell for the first time in its 16 years as a public company, but the decline was less than expected as many advertisers stuck with the most popular online search engine during the pandemic. Shares of Alphabet fell 1.2% to $1,518.85 after it released the… Source link

Jul 30th 2020 MOUNTAIN VIEW TO GET A good look at Google, climb a barren hill in front of the online giant’s Silicon Valley headquarters—or rather, both of them. To the right lies the old HQ, a clump of low-slung office buildings ringed by dozens of similar boxes. To the left a brand-new corporate centre is rising. From outside it resembles an oversized circus tent, but the inside is still undetermined: pillars, wooden panelling and hardly any walls. The bare-bones structure is meant to… Source link

Drivers for Uber Technologies’ (NYSE:UBER) ridesharing service and food delivery business will continue relying upon Google Maps to get people and orders to their destination after the master agreement between Uber and Google parent Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL) was updated and extended. How drivers find… Source link