Tag Archives: sector

Sundar Pichai, CEO, Alphabet Lluis Gene | AFP | Getty Images Google’s parent Alphabet is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday, in the latest cuts to shake the technology sector. Sundar Pichai, Alphabet’s CEO, said in a staff memo shared with Reuters that the company had rapidly expanded headcount in recent years “for a different economic reality than the one we face today.” “I take full responsibility for the decisions that led us here,” he said. The cuts… Source link

Energy stocks have been this year’s biggest winners in a bleak year for equities. And Wall Street is betting the sector’s outperformance will persist in the new year. Even as the price of oil pulls back from this year’s highs, energy stocks look poised to charge higher thanks to relatively cheap valuations and earnings expectations that appear to be a bright spot in an otherwise grim outlook for S&P 500 earnings estimates. “The bottom line here is that when you think about the earnings of… Source link

Cloud News Mark Haranas November 14, 2022, 02:52 PM EST ‘Our mission is to accelerate the digital transformation of our government and education customers with our partners,’ Troy Bertram, Google’s public sector channel leader, tells CRN. Here’s what Google Cloud channel partners need to know about the company’s public… Source link

WEST PALM BEACH, Fla. and WASHINGTON, Nov. 2, 2022 /PRNewswire/ — Google Public Sector is partnering with the South Florida Water Management District to help the agency enable visualization and trend analysis for water quality to inform water management decisions across the district. South Florida Water Management is the largest and oldest water district in Florida, overseeing water resources for more than nine million residents from Orlando to the Florida Keys.  Through this partnership,… Source link

Written by Nihal Krishan Sep 22, 2022 | FEDSCOOP Google Cloud has appointed Karen Dahut as CEO of its government services arm Google Public Sector. The executive joins from federal contracting giant Booz Allen Hamilton, where she was previously president of the company’s global defense business. In the new C-suite role, Dahut is tasked with expanding Google Public Sector’s presence in the the… Source link

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Renowned strategist Tom Lee says inflation could be ‘falling far faster than expected’ — here’s the 1 left-for-dead sector to bet on if that holds true According to Fundstrat’s Tom Lee, rampant inflation may not last much longer. “In the past week, we’ve gotten some data that I think really shows inflation could be falling far faster than expected,” the strategist tells CNBC earlier this month. Lee notes the drop in gasoline prices. He also looks at indices that are showing signs… Source link

Written by Billy Mitchell Jun 28, 2022 | FEDSCOOP Google will spin off its public sector-focused business line from Google Cloud to launch an independent division focused purely on federal, state and local governments and the education sector, the company announced Tuesday. The new public sector division will be a separate legal entity from Google Cloud operating as its own independent company with a… Source link

Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous week. This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. There’s a lot of fintech news out there… Source link

Google Workspace will give Central Dutch Government more flexibility and choice for collaboration and productivity, supporting new hybrid-working environments AMSTERDAM, May 30, 2022 /PRNewswire/ — Google Cloud today announced that it has signed a new agreement with the Central Dutch Government that will enable the Dutch public sector to take advantage of Google Workspace’s suite of tools and offerings. This new agreement, which follows the Google Workspace for Education agreement signed… Source link