Google rests its case in French dispute over online content
France's antitrust authority confirmed that Alphabet subsidiary Google has pledged to settle a national copyright issue.
According to the antitrust authority, Google decided not to fight a $528 million punishment paid last year. The ruling puts an end to the authority's probe into Google, which ... Read more
Google CEO on Web3: ‘we want to support it as best we can’
Google is venturing into the untamed territory of non-fungible tokens, cryptocurrency and Web3.
At a yearly earnings call, Google CEO Sundar Pichai was about Google's vision for Web3. "Any time there is innovation, I find it exciting. I think it's something we (Google) want to support the best w... Read more
Google parent Alphabet increases cloud revenue substantially
Alphabet, the parent company of Google, has posted hefty revenue from the cloud and advertising. This is evident from the quarterly figures for the fourth fiscal quarter of 2021.
Alphabet posted revenue of 66.7 billion euros ($75.3 billion) in the fourth fiscal quarter of 2021 -- an increase of ... Read more
Big tech companies added $2.5 trillion in value to 2021
Big Tech pushed US stocks to the third straight winning year in 2021. Giants like Amazon, Apple, Microsoft, and others, continue to experience demand, even as the economy slogs on to the third year of the COVID-19 pandemic.
The most notable names, Alphabet (Google’s parent company), Amazon, Mi... Read more
Russian court fines Alphabet 7.2 billion roubles
The fines levied against Google and Meta Platforms mark a new level of government crackdowns in Russia
A Moscow court on Friday said it was fining Alphabet's Google 7.2 billion roubles (86 million euros), according to reporting by Reuters. The fines are for what the court said was a repeated fai... Read more
Alphabet records even higher profits as Google’s ad business surges
Alphabet, Google’s parent company, reported higher than expected Q3 ad sales, signaling that the business has found a way to overcome the limitations of tracking mobile users and that online shopping is booming as we usher in the holiday season.
Through YouTube video services, its search engin... Read more
DeepMind becomes profitable by leveraging ties to Google
The company may be making most of its revenue by working for Alphabet.
DeepMind, the U.K.-based AI lab, has issued its latest financial report showing that the company has become profitable for the first time.
DeepMind, which seeks to develop artificial general intelligence, or "AGI", was ac... Read more
Alphabet reports massive 65% gain for second quarter
Google's parent has performance that is putting its Big Tech rivals to shame.
Alphabet reported huge beats on its top and bottom lines for its first quarter of 2021, as well as a new $50 billion stock buyback, which boosted the shares more than 4% in after-hours trading.
The company's shar... Read more
Alphabet launches Intrinsic with tech to train industrial robots
The new company's goal: "to support a shift towards a more sustainable and equitable way of making things."
Google's parent company Alphabet this week announced a new venture that will focus on "training" industrial robots. The goal of the new venture is to make robots easier and more affordable... Read more
German antitrust regulator starts proceedings against Alphabet
Germany's antitrust regulator, the Federal Cartel Office, said on Tuesday that it will start proceedings against Google Germany, Google Ireland, and Alphabet (the company that owns them). The charges brought are about the exploitation of market domination and data collected for that purpose.
The... Read more