Google parent Alphabet (GOOG, GOOGL) reported its third-quarter earnings on Tuesday, falling short of analysts’ expectations on the top and bottom line, as YouTube advertising revenue came up $400 million short of estimates. These are the most important numbers from the report compared to what Wall Street was expecting of the company, as compiled by Bloomberg. Shares of Alphabet were down nearly 6% following the announcement. The digital advertising market has been struck by a slowdown in… Source link
Read More »Lawsuit claims Google knew its ‘Incognito mode’ doesn’t protect users’ privacy
Comment on this story Comment Hi all, Gerrit De Vynck here. I’m a tech reporter for The Post out in San Francisco. You can follow me on Twitter at @GerritD. Lawsuit challenges Google’s claim that its ‘Incognito mode’ protects users’ privacy It can be hard to keep track of all the lawsuits against Google. The Department of Justice filed one in 2020 and might have another one coming soon. Texas has at least two. Arizona recently settled theirs with the search giant for $85 million. And
Read More »India orders Google to allow third-party payments, slaps another fine
NEW DELHI, Oct 25 (Reuters) – Alphabet Inc’s Google should not restrict app developers from using third-party billing or payment processing services in India, the country’s antitrust body said on Tuesday, as it fined the U.S. giant $113 million for anti-competitive practices. The Competition Commission of India (CCI) said Google (GOOGL.O) used its “dominant position” to force app developers to use its in-app payment system, noting the sale of in-app digital goods is a key means for developers… Source link
Read More »India fines Google $113 million, orders to permit third-party payments in Play Store • TechCrunch
India’s antitrust watchdog has hit Google with a $113 million fine for abusing the dominant position of its Google Play Store and ordered the firm to allow app developers to use third-party payments processing services for in-app purchases or for purchasing apps, the second such penalty on the Android-maker in just as many weeks in its largest market by users. The Competition Commission of India, which opened the probe into Google in late 2020, said mandating developers to use… Source link
Read More »Keys to a successful transition to Google Analytics 4
What banks need to know, and why they need to know it right away. By Scott Stellwagon For a decade, banks have used Google’s Universal Analytics to track their website metrics. As technology has evolved over those years, the data tracking needs of websites have changed as well. A greater focus on privacy and a need for tracking across multiple online platforms, with the advent of mobile apps, has caused Google to begin the transition to their new platform, Google Analytics… Source link
Read More »Alphabet (Google) Expected to Report Earnings Slide
Key Takeaways Analysts estimate EPS of $1.25 vs. $1.40 in Q3 FY 2021. Google Cloud revenue is expected to rise year over year but at the slowest pace in at least four years. Revenue is expected to rise but at a slower pace compared to recent quarters. Alphabet (Google) Inc. (GOOGL), the third-largest tech company by market capitalization, will probably report a third straight quarter of earnings declines and slowing revenue growth for the third quarter of 2023 amid a challenging ad… Source link
Read More »Google sets up high-tech school at Israeli University
JERUSALEM, Oct 24 (Reuters) – Alphabet Inc’s Google (GOOGL.O) and Israel’s Reichman University have set up a school to train high-tech professionals, offering courses in computer programming, sales and data analysis among other subjects, the university said on Monday. Israel has a vibrant high-tech sector but a severe shortage of skilled tech workers has led to tens of thousands of unfilled positions. The School of High Tech will subsidise students from under-represented communities “including… Source link
Read More »ROKT BUILDS OUT PRODUCT DEVELOPMENT TEAM WITH APPOINTMENT OF TWO GOOGLE VETERANS
Wilfred Yeung Joins as Technical Advisor and Reuben Kan Joins as Distinguished Engineer NEW YORK, Oct. 24, 2022 /PRNewswire/ — Rokt, the leading ecommerce technology company using machine learning to make transactions more relevant to each shopper, today announced that it has appointed two Google veterans to its team: Wilfred Yeung has joined the company’s Technical Advisory Board and Reuben Kan has joined as Distinguished Engineer. Yeung previously spent 11 years at Google, where he led… Source link
Read More »Facebook, Google face skeptical Wall Street this week amid ad collapse
A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Wall Street is bracing for disaster in online advertising. Following disappointing results from Snap last week and a 28% plunge in the stock price that sent the company’s value to its lowest since early 2019, investors are now turning their attention to ad giants… Source link
Read More »Google puts Chrome users in control of their ad experience
The news: Google is putting ads in the hands of Chrome users with a new hub called My Ad Center. Accessible from every ad across Google’s ecosystem from search to YouTube, the ad center allows users to modify their experience on Chrome in several ways. According to Google, users can: Block ads on sensitive topics like weight loss; Choose to see fewer ads from irrelevant categories (like muting vacation ads after returning home from a trip) and which to see more of (like holiday or sneaker… Source link
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