Tag "Alphabet"

Alphabet could invest up to $1B in Lyft

By : CIOL Writers

As Uber tries to find a way out of its troubled tides, its arch-rival in the US- Lyft is taking every possible advantage of the situation. According to Bloomberg, Lyft is in talks to raise up to $1 billion from Alphabet.

Google CEO Sundar Pichai is joining Alphabet’s board of directors

By : CIOL Writers

Google CEO Sundar Pichai has joined parent company Alphabet’s board of directors, according to an announcement by Alphabet. Pichai becomes the 13th member of the Alphabet board that includes co-founder Sergey Brin, former CEO Eric Schmidt, Kleiner Perkins’ John Doerr

EU’s record fine takes a toll on Google’s Q2 earnings

By : CIOL Writers

Google‘s parent company Alphabet has announced the financial results for the second quarter of the year and its clear that the EU’s record fine has taken a toll on company’s earnings that also sent it’s stock down more than 3 percent during

Alphabet Inc’s Google Glass gets a second life

By : CIOL Writers

Alphabet Inc, the parent company of Google and several of former Google subsidiaries, has resurrected Google Glass. It has brought Google Glass back from the dead. The second iteration of Google Glass has been tested and deployed across many factories

Google Fiber CEO Gregory McCray resigns after five months of service

By : CIOL Writers

Alphabet high-speed internet business is once again without a CEO as its leader, Gregory McCray has stepped down after only five months in the role. Google’s parent company Alphabet is on the hunt for a replacement. McCray was hired in February as

Amazon hits the $1,000 share price mark for the first time in 20 years

By : CIOL Writers

In its 20-year history, for the first time, Amazon crossed the much-awaited valuation of $1,000 mark for its share price on Tuesday morning. Shares of Amazon traded as high as $1,001.20 before closing at $996.70, up 92 cents on Tuesday,

Uber might fire Anthony Levandowski if he refuses to comply with the court’s order

By : CIOL Writers

Marking a significant shift in the most talked-about lawsuit in the self-driving industry, Uber has asked Anthony Levandowski to waive his Fifth Amendment rights or else, he will lose his job at Uber. That sounds nothing less than a threat!

Flipkart is India’s most sought-after employer for second year in a row: LinkedIn survey

By : CIOL Writers

Flipkart has once again bagged the top-ranking as the most sought-after employer for the second year in a row, according to a survey by professional networking site LinkedIn. “We are thrilled to be the most sought-after company to work for in India

Alphabet reports strong Q1 on the back of booming advertising business

By : CIOL Writers

Outperforming Wall Street expectations, Google’s parent company Alphabet posted the first-quarter earning reports on Thursday. While Wall Street was expecting earnings of $7.40 per share on revenue of $24.2 billion, Alphabet posted earnings of $7.73 per share on revenue of $24.8

After trade secrets, Uber and Waymo now fight over nature of arbitration

By : CIOL Writers

It seems Uber does not want to clean its dirty laundry in public and wants to keep the court proceedings private. Unfortunately, the other party in the case i.e. Alphabet is not in a mood to comply. Alphabet has filed an opposition request

Waymo vs. Uber: Waymo files injunction against Uber’s use of it’s self-driving tech

By : CIOL Writers

Looks like Uber’s stars have gone completely haywire. In its legal battle against Uber, Alphabet’s self-driving unit Waymo has now filed for an injunction against Uber’s use of its self-driving technology. Last month, Waymo filed a lawsuit against Uber alleging that parts

Google and Jigsaw launch Perspective, to rate your toxic comments

By : CIOL Writers

Hate speech, swearing, harassment is all too common for any platform that has a ‘comments’ sections. Instead of holding the platform for a rational debate, many end up creating it a dump of trash. Many companies have taken initiatives like

Alphabet’s Waymo sues Uber and Otto for patent infringement

By : CIOL Writers

It’s the season of legal suits. The latest one to make headlines is the patent infringement lawsuit filed by Alphabet’s self-driving car unit, Waymo against Uber alleging that parts of Uber’s autonomous driving technology, specifically LiDAR, infringe on patents held

Alphabet’s Q4 earnings show its ‘Other bets’ are finally making progress

By : CIOL Writers

Google is undoubtedly the cash-spewing machine for its parent company, Alphabet. However, Alphabet’s other bets including Nest, Google Fiber and the life-sciences unit Verily, have also showed improvements by jumping to $262 million in revenue in the fourth quarter from

Yoky Matsuoka is back at Alphabet Nest after a short stay at Apple

By : CIOL Writers

After a brief stint at Apple, Silicon Valley’s robotics whiz is coming back to Google’s parent Alphabet as CTO of Nest, its smart-home subsidiary, reported Recode on Monday. Matsuoka joined Apple last May to work on its health initiatives and

Google spins off its self-driving car project into a new division- Waymo

By : CIOL Writers

When rumour mills were buzzing noisily about Google shutting down its self-driving car project, came the news, official this time that the division has instead been spun into a separate entity called Waymo under the Alphabet umbrella. The name reflects

Google Capital is CapitalG now; reveals Snapchat investment too

By : CIOL Writers

There’s lot in the name especially when you are at Google. Alphabet Inc. has announced the rebranding of its venture-capital arm from Google Capital to CapitalG. “Though our name has changed, our goal remains the same: to make returns-driven investments

Google parent Alphabet posts 26pc increase in profits on mobile, video ads

By : CIOL Writers

Google parent Alphabet topped analysts’ estimates for third-quarter profit and revenue to post earnings of $9.06 per share, adjusted and a revenue of $22.45 billion. Wall Street was looking for earnings of $8.64 per share on revenue of $22.05 billion.

Google halts Fiber rollout in 11 US cities with CEO Craig Barrett stepping down

By : CIOL Writers

Google’s Fiber project is once again in the headlines, this time for a double whammy. Google is temporarily holding back on plans to roll out Google Fiber gigabit internet in 11 U.S. cities. Not just this, there are some executive

Hard times for Google’s Fiber rollout

By : CIOL Writers

Google’s ambitious plan of launching its Fiber broadband and TV service and signing up around 5 million subscribers in five years isn’t going as planned. Though the service officially went live in the Salt Lake City, Utah on August 24th,