Tag Archives: GOOG

The ongoing semiconductor shortage is nailing industries across the globe. Electronic devices—from computers to can openers to cars—all need semiconductors to function properly. As a result, products like vehicles are shipping without key features, and many others aren’t even being made because foundational components simply aren’t available. A recent example is Alphabet Inc.’s (GOOG, GOOGL) Google, which had to delay a new “ultra-affordable” Android phone launch in India. Why? A… Source link

Google parent Alphabet Inc. (GOOG, GOOGL) crushed earnings last week, reporting a 62% revenue surge to $61.9 billion. That beat analysts estimates by almost $6 billion. The company reported diluted earnings per share (EPS) of $27.26, blowing away estimates of $19.35. Alphabet is marching ever closer to becoming a $2 trillion company. Key Takeaways Google parent Alphabet shattered earnings expectations last week. Big earnings attract institutional investors over the long term.

Farewell, advertising cookie. After years of debate, Apple Inc. and Google are making separate moves to effectively kill the software marketers use to track your online activity and tailor ads specifically for you. The moves are upending the way companies have reached audiences and made money from ads since the earliest days of the internet. Apple’s plan has pleased privacy advocates but left mobile app developers, ad-tech firms and rivals (chiefly Facebook Inc.) worried and fuming. And

Apple Inc. and Alphabet Inc.’s Google will come under close antitrust scrutiny Wednesday from lawmakers concerned about the way both companies run the marketplaces that give consumers around the world access to millions of apps on handheld devices. Senators Amy Klobuchar of Minnesota and Mike Lee of Utah, the chair and ranking Republican on the Judiciary Committee’s antitrust subcommittee, are leading the panel’s inquiry into potential anticompetitive practices in Apple’s App Store… Source link

Even for Silicon Valley, Surojit Chatterjee’s rise to extraordinary wealth was lightning fast. The chief product officer has been with Coinbase Global Inc., the biggest U.S. crypto exchange, for just 15 months. Based on the $340 a share indicated opening price for Coinbase’s direct listing on Wednesday, the former Google executive’s stake is worth about $188 million, according to data compiled by Bloomberg. He’s also set to receive share options within the next five years that are… Source link

Digital advertisers are pushing an alternative to web cookies that competes with a Google proposal, the latest industry effort to adjust to new curbs on how personal data is used online. A group of ad executives and lawyers detailed an anonymous identifier on Wednesday that lets people control what ads they see on the web. The technology, called SWAN, is supported by ad-tech companies including PubMatic Inc., OpenX and Zeta Global… Source link