Tag Archives: parent

The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet Inc., which draws upon Google’s digital advertising empire finance risky ideas like internet-beaming balloons and another high-profile flop, internet-connected glasses. Source link

SAN RAMON, Calif. – Google’s parent company is letting the air out of an internet-beaming balloon company that was providing online access from the stratosphere. The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet Inc., which draws upon Google’s digital advertising empire finance risky ideas like… Source link

SAN RAMON, Calif. (AP) — Google’s parent company is letting the air out of an internet-beaming balloon company that was providing online access from the stratosphere. The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet… Source link

SAN RAMON, Calif. – Google’s parent company is letting the air out of an internet-beaming balloon company that was providing online access from the stratosphere. The plan to shut down Loon was announced late Thursday, ending what started out nine years ago as one of Google’s secret projects in its so-called “moonshot factory,” a division now called X. Google, Loon and X all are owned by Alphabet Inc., which draws upon Google’s digital advertising empire finance risky ideas like… Source link

More than 200 employees at Google parent company Alphabet announced plans to form a union Monday, joining with the Communications Workers of America to organize full-time and contract workers alike. The move comes after public walkouts and controversies over employee dismissals at Google in recent years. … Source link

Hundreds of workers at Google parent Alphabet announced that they have formed a union, a rare move within Silicon Valley that is set to increase tensions between the tech giant and its employees. The group, which announced their plans with an op-ed in The New York Times on Monday, includes 226 of Alphabet’s more than 140,000 employees and is affiliated with the Communications Workers of America union. Alan Morales, a cyber liabilities engineer and union organiser, said the… Source link

Reuters: Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff  —  MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash … 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

EXCLUSIVE: Former Trump campaign aide Carter Page is suing Yahoo parent company Oath Inc. over “false and defamatory statements,” claiming the outlet “portrayed him as a traitor to America” who illegally conspired with Russia to influence the 2016 election. The suit – obtained by Fox News — was filed Monday in Delaware Superior Court and accuses Oath’s Yahoo News and HuffPost of publishing stories about Page “with actual knowledge of falsity or with a reckless… Source link