Tag "Alphabet"
Big Tech: A3M3 already rules the world
Some time back FAANG was coined to signify the biggies in Big Tech: Facebook, Apple, Amazon, Netflix & Google. Some replaced Netflix with Microsoft and called it FAAMG. But with the name changes and developments, right now the Big 6
Big Tech report blockbuster quarterly results despite COVID-19
The last week has been a roller coaster ride for the market with Q1 results coming up. The Big Tech has also announced their results. Not exactly shocking, but despite Covid-19, these companies have reported competitive results surpassing their records.
Alphabet merges Nest into Google’s hardware team
Alphabet has finally merged it $3.2 billion purchase of Nest into Google’s hardware division. Google purchased Nest in 2014 but opted to keep its own independent operation. The move unifies Google’s growing hardware team, which designs smartphones, laptops and speakers, with
Alphabet names Time Warner Cable former exec Dinesh Jain to lead Fiber division
Alphabet, the parent company of Google has acquired the services of a former chief operating officer of Time Warner Cable to head its Access and Google Fiber, divisions. Jain is replacing former Access CEO Greg McCray, who left last year amid
Alphabet reports $3B in losses in Q4; names Eric Schmidt’s replacement
Alphabet, the parent company of Google, has announced the fourth quarter results for the fiscal year ended December 31, 2017. The California-based company reported a loss of $3 billion for the fourth quarter as it set aside $ 11 billion
Alphabet launches Chronicle, a cybersecurity firm that aims to fight off hackers
Alphabet, the parent company of Google has unveiled a new cybersecurity company that aims to make a business by preventing cyber attacks. The new company called Chronicle is betting on the premise that machine learning software, a type of artificial intelligence,
Eric Schmidt is stepping down as Alphabet’s executive chairman
Google’s parent company, Alphabet announced that Eric Schmidt will be stepping down from his position as the executive chairman of the company and becoming a technical advisor to the company. He will continue to serve on the company’s board. Larry
Alphabet X sells wireless internet tech to Andhra Pradesh
Alphabet X’s research team announced that the Andhra Pradesh state government would buy its fully developed new technology, as reported by Reuters. The Free Space Optical Communications (FSOC) technology has potential to provide high-speed wireless internet to the rural areas
Alphabet’s Project Loon is delivering 4G LTE to Puerto Rico
In the wake of the Hurricane Maria’s devastating landfall on Puerto Rico, Alphabet’s Project Loon has deployed its LTE balloons over the region to help bring connectivity to areas of the island still experiencing the after-effects of the hurricane. According to Project Loon
Alphabet could invest up to $1B in Lyft
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
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
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
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
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
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
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
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
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
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
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
