Alphabet

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Judge Orders Google to Make Big Changes

Ruling opens up Play Store to rivals

(Newser) - A federal judge has ordered Google to make major changes to how its Play Store operates. Last year, a jury in the Epic v. Google case decided that the company's Android app store operated as an illegal monopoly . In his ruling Monday, Judge James Donato ordered Google to open...

Startup Rejects Google's Staggering Acquisition Offer

Cybersecurity firm Wiz turns down $23B deal, which would been Google's biggest ever

(Newser) - Thanks, but no thanks. That's the message cybersecurity startup Wiz delivered to Google as it rejected a $23 billion takeover offer, reports CNBC . It would have been Google's biggest acquisition ever. "Saying no to such humbling offers is tough," Wiz co-founder Assaf Rappaport wrote in a...

Alphabet, Microsoft Release Closely Watched Results

Investors were apparently unimpressed by revenue growth at Google's parent company

(Newser) - Google's corporate parent returned to double-digit revenue growth during last year's final quarter, signaling the internet powerhouse has regained its footing even as it grapples with regulatory and competitive threats to its digital empire. The results announced Tuesday by Alphabet Inc. marked the third consecutive quarter of escalating...

Google to Settle Lawsuit Over Claims It Tracks People in 'Incognito' Mode

Plaintiffs argued Google continued to track users who thought they were browsing privately

(Newser) - Google will settle the class-action lawsuit, filed in 2020, accusing the tech giant of tracking users even when they were using "incognito" mode on their Chrome web browsers, the AP reports. Plaintiffs argued Google had amassed an "unaccountable trove of information" on users who were misled into believing...

Largest Antitrust Trial in US in 25 Years Is About to Kick Off

Justice Department takes on Google over its search engine dominance

(Newser) - Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century. Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged...

2 Tech Giants Deliver Strong Earning Reports
2 Tech Giants
Beat Expectations
Jul 25, 2023 4:42 PM CDT

2 Tech Giants Beat Expectations

Alphabet, Microsoft deliver strong earnings reports

(Newser) - Two major tech companies delivered earnings reports after trading ended Tuesday—and both Microsoft and Alphabet, Google's parent company, beat analysts' expectations. Before the closely watched results were released, analysts said the companies would need to show strong numbers to justify the steep rise in stock prices this year....

These Companies Just Made Fortune 500's Top 10

Walmart takes top spot in annual ranking of largest US firms

(Newser) - Fortune has released its annual Fortune 500 rankings, its 69th version of the list of the country's largest corporations, based on revenue for 2022's fiscal year. Per a release , a company had to bring in $7.2 billion to be included, a jump of 13% from last...

A Potential Samsung Move Is Fraying Nerves at Google

Phone-maker may switch search engine to Bing, reports the 'New York Times'

(Newser) - It's a move that would have been unthinkable even a few short months ago: Samsung is considering ditching Google as its default search engine for phones and replacing it with Microsoft's new AI-powered Bing , reports the New York Times . The move could result in Google parent company Alphabet...

Google's AI Chatbot Delivers Wrong Answer in Demo

Bard flubbed question on James Webb Space Telescope

(Newser) - If AI chatbots could feel embarrassment, Google's Bard might be blushing. In a demo tweeted Monday by Google ahead of a launch event, Bard confidently delivered a wrong answer, the Telegraph reports. In response to the query, "What new discoveries from the James Webb Space Telescope can I...

Google Unveils Rival 'Bard' to ChatGPT

Company hopes to keep up in the AI race

(Newser) - ChatGPT has been making headlines lately, but now it's going to have to share that media real estate: On Monday, Google owner Alphabet announced its new chatbot service, Bard, as well as plans to pump more artificial intelligence into its search functions and open up some of its AI...

More Mass Layoffs, This Time at Google

Alphabet to shed 6% of its workforce, or 12K jobs, citing a 'different economic reality'

(Newser) - Companies are shedding workers like trees shedding leaves and those at Google parent company Alphabet are the latest to feel the winds of change. Citing the "economic reality," the company announced its largest ever job cuts on Friday: It will slash 12,000 jobs worldwide, or about 6%...

Google Workers Fret After Ominous Words From CEO

Pichai warns that productivity is lacking, company isn't 'immune to economic headwinds'

(Newser) - It's been a worrisome few weeks for Google, as profits dipped for the second quarter in a row and hiring was temporarily paused. Now, CEO Sundar Pichai has put out an alert to employees, seeking ideas to boost efficiency and up productivity and warning of an economy that doesn'...

What You Should Know About Alphabet's Stock-Split News

Entry point into investing in Google parent company will be lower in July

(Newser) - Alphabet has had plenty of people doing division over the last day, after the Google parent company announced a planned 20-for-1 stock split, the Wall Street Journal reports. What does this mean for the value of the stock, the future of Alphabet and its subsidiaries, and the stock market at...

This Year's Stock Market Rise Has a Potential Hitch

It hinges on 5 big stocks, which makes investors worried

(Newser) - If your 401(k) has done well in 2021, a Goldman Sachs analysis points to five key reasons:
  • Apple
  • Microsoft
  • Nvidia
  • Alphabet (Google)
  • Tesla

Facebook Rebrands Itself 'Meta'
Facebook Has a New
Company Name
Oct 28, 2021 1:29 PM CDT

Facebook Has a New Company Name

It's 'Meta'

(Newser) - Let the rebranding begin: Facebook CEO Mark Zuckerberg said Thursday that his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future , per the AP . The move comes widespread criticism that the company has knowingly caused social harm on its platform across the...

Profits at Google's Parent Firm Jump 68%

Rebound in digital ad spending meant big bucks for Alphabet

(Newser) - A continued rebound in digital ad spending at Google drove its parent company's profit up 68% in the third quarter. Alphabet Inc. said Tuesday that it earned $18.94 billion, or $27.99 per share, in the July-September period. Revenue rose 41% to $65.12 billion, more than $1....

3 Tech Giants Report Combined Profits of More Than $50B

Apple, Microsoft, Alphabet have more than doubled in value during pandemic

(Newser) - Three tech companies— Apple, Microsoft, and Google owner Alphabet—reported combined profits of more than $50 billion in the April-June quarter, underscoring their unparalleled influence and success at reshaping the way we live. The results served as another reminder of the clout they wield and why government regulators are growing...

Google Delays Plan to Block Cookies
Google Delays
Plan to Ditch Cookies
Jun 24, 2021 12:15 PM CDT

Google Delays Plan to Ditch Cookies

Removal of third-party trackers from Chrome pushed back to 2023

(Newser) - Google is delaying by nearly two years a plan to remove web-tracking cookies from the world's most extensively used web browser. The plan was for Google's Chrome web browser to stop supporting third-party cookies, which track a user's web-browsing habits, by January 2022. But on Thursday, Alphabet...

In Surprise Move, Google Workers Form a Union

It's seen as a Silicon Valley first

(Newser) - The words "labor union" and "Silicon Valley" don't usually go together, but that has just changed in a notable way. More than 200 workers at Google have formed a union affiliated with the Communications Workers of America, reports CNBC . The Hill sees it as a "historic...

Google CEO's Apology Doesn't Cut It: 'Gaslighting'
Google CEO's Apology
Doesn't Cut It: 'Gaslighting'
THE RUNDOWN
Dec 10, 2020 8:39 AM CST

Google CEO's Apology Doesn't Cut It: 'Gaslighting'

Dr. Timnit Gebru says she was forced from AI research position after email criticizing company

(Newser) - One of Google's most prominent Black female employees is no longer with Google, and a firestorm has erupted over her departure. Google CEO Sundar Pichai has issued an apology of sorts, insinuating Dr. Timnit Gebru, the former co-leader of Google's AI team, resigned. But Gebru is pushing back,...

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