Here you will find all the articles with the tag: Alphabet.
Alphabet, the parent of Google, is facing a period of stalled growth amidst the ongoing economic turbulence in Silicon Valley. Gone are the days of exponential profit and employee growth as the company navigates a slowdown in digital advertising. In its latest financial statement, Alphabet poste... Read more
2 months ago
The move comes after driverless taxis have caused mayhem on the city's streets. San Francisco city officials have sent letters to the California Public Utilities Commission (CPUC) asking to slow or halt the expansion of robotaxi services in the city. NBC News reports that San Francisco Transport... Read more
2 months ago
The software giant is the latest big tech player to announce major job cuts in 2023. German software vendor SAP announced it plans to cut 3,000 jobs, or 2.5 percent of its global workforce, according to reporting by Reuters. The company also told reporters that it plans to explore the sale of it... Read more
2 months ago
A leaked memo suggests Alphabet will cut 12,000 jobs. The news follows shortly after the announcement of a layoff round at Microsoft. 10,000 employees will be fired in the coming months. The tech giant intends to cut costs. According to Reuters, Alphabet is taking similar measures. In a... Read more
2 months ago
Activist investor TCI Fund Management has called on Alphabet to cut costs by lowering its headcount and reducing expenses in several areas. "We are writing to express our view that the cost base of Alphabet is too high and that management needs to take aggressive action", the organization wrote... Read more
5 months ago
SanboxAQ is acquiring Cryptosense to enhance the cybersecurity and encryption capabilities of its post-quantum cryptography solution. SandboxAQ is a quantum computing developer that was founded at Alphabet and became an independent company last March. Only six months into its operations, Sandbox... Read more
7 months ago
A new startup is building on the technology that Google used to launch internet balloons to the edge of space. Alphabet subsidiary Google has an innovative past. The tech giant tried to filter drinking water from air, dreamed of generating energy with kites and designed an elevator to space. ... Read more
7 months ago
Verily, a life science subsidiary of Alphabet, raised $1 billion in a recent funding round to support the business’s expansion. The research group was founded in 2015 to improve precision health. Its primary objective is to use data from a wide range of clinical, social, and behavioural source... Read more
7 months ago
The US Department of Justice told a federal judge that Alphabet’s Google annually pays billions of dollars to Apple, Samsung and others to unlawfully preserve its position as the number one search engine. Department of Justice (DOJ) attorney Kenneth Dintzer did not reveal exactly how much Goo... Read more
7 months ago
Although Google Cloud turned a loss of close to $1 billion in the most recent quarter, parent company Alphabet seems unconcerned. Alphabet recently revealed its second quarterly report of 2022. Revenue totalled $69.7 billion. $40 billion came from Google Search and associated operations, $7.4 b... Read more
8 months ago
