Latest Updates Around The World
Alphabet unit Google risks another antitrust challenge in the EU as regulators said they are concerned the US tech giant could unfairly push online advertising prices higher, according to a letter to advertisers seen by Reuters. Google, which has been fined billions of euros in Europe in recent years for antitrust violations, is the subject […]
Waymo has almost completed a new round of financing of $16 billion that will value the robotaxi company at $110 billion, according to the Financial Times. More than three-quarters of that funding will reportedly come from a source close to home: Alphabet, of which Waymo is a subsidiary. (The company was founded as part of […]
Key Takeaways Google co-founder Sergey Brin attempted to retire from the company in 2019. In a new lecture from Stanford University, Brin says that retiring was “the worst decision” he could have made because it isolated him and cut him off from intellectual stimulation. Within months, he went back to the office and spent more […]
NEW YORK: US stocks ended sharply higher on Friday as traders increased their bets on a Federal Reserve rate cut next month, while all three major indexes posted losses this week on concerns about high technology valuations. Nvidia shares rose briefly in afternoon trading after sources familiar with the matter said the Trump administration is […]
After a two-week blackout, YouTube TV and Disney announced on Friday that they have reached a deal. In addition to bringing Disney networks like ABC, ESPN and FX back to YouTube’s streaming TV service, the agreement ESPN will also make its new direct-to-consumer service available on YouTube TV at no additional cost. YouTube will also […]
Berkshire Hathaway unveiled a $4.3 billion stake in Google parent Alphabet and further cut its stake in Apple, laying out its stock portfolio for the last time before Warren Buffett ends his 60-year tenure as CEO. In a filing Friday with the U.S. Securities and Exchange Commission, Berkshire said it owned 17.85 million Alphabet shares […]
Alphabet, the parent company of Google, joined the elite $ 3 trillion market cap club after the shares had collected more than 3% on Monday. The rise comes on the back of alleviating worries, the robust demand for its cloud services and growing enthusiasm of investors on artificial intelligence. On Monday, the appreciation of the […]
Alphabet shares rose by more than 6% on Wednesday after an American judge ruled against the disintegration of the Google parent, cleaning up a large overhang of the regulations and putting the share on the right track to add more than $ 170 billion to its market value. The ruling on Tuesday by Judge Amit […]
Andrew Ferguson, the chairman of the Federal Trade Commission appointed by Trump, recently expressed his concern that “Alphabet’s administration of Gmail was designed to have partisan effects.” In A letter addressed to Alphabet CEO Sundar PichaiFerguson pointed it out A recent story in the New York Post describing complaints through targeted victory (a advice and […]
Alphabet’s Life Sciences Arm granted the staff and eliminated his entire device program on Monday. CEO Stephen Gillett announced the “difficult decision” for the program in one Staff memoAccording to Business Insider. “Over the years, Verily has built up an inheritance in the development of innovative medical devices of world class,” Gillett wrote and noted […]
