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Google steps up Microsoft criticism, warns of rival's monopoly in cloud

Google steps up Microsoft criticism, warns of rival's monopoly in cloud

Tue, Feb 27, 2024

Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. Google trails a distant third behind the two leaders.

Google to make disclosure of AI-generated content mandatory for election advertisers

Google to make disclosure of AI-generated content mandatory for election advertisers

Thu, Sep 07, 2023

Google has been under fire for misinformation on its platforms, and has been rolling out updates to its transparency measures as the United States will choose its next president in November next year.

Power Breakfast: Google Cloud Turns Profit For The First Time, Alphabet Authorizes $70 Billion Buyback

Power Breakfast: Google Cloud Turns Profit For The First Time, Alphabet Authorizes $70 Billion Buyback

Wed, Apr 26, 2023

US futures showed recovery after yesterday's decline. There has been a big decline of 1-2% in the US markets. The Dow fell 350 points to close at the day's low. Whereas, Nasdaq declined by 2% due to pressure on veteran IT stocks. The bond yield slipped to 3.4%. The stock of First Republic Bank fell 50% and closed at a record low. Despite record results, GM's stock slipped 4%. Google's cloud business turned profitable for the first time. Alphabet announced a buyback of $70 billion.

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Uber to sell Southeast Asia business to rival Grab: Sources

Uber to sell Southeast Asia business to rival Grab: Sources

Mon, Mar 26, 2018

Uber, which is preparing for a potential initial public offering in 2019, lost $4.5 billion last year and is facing fierce competition at home and in Asia, as well as a regulatory crackdown in Europe.

Self-driving car: Waymo CEO says its tech would have handled Uber incident safely

Self-driving car: Waymo CEO says its tech would have handled Uber incident safely

Sun, Mar 25, 2018

Self-driving car: The fatal collision on March 18 in Tempe, Arizona, has raised questions about the safety of autonomous technology in general, and of Uber`s system specifically, of which few details are known. An investigation by police and federal safety regulators is ongoing into the accident, in which an Uber test vehicle driving in autonomous mode hit a pedestrian at night as she was walking across a four-lane roadway with her bike.

Google closes $2.4 billion Chelsea Market deal to expand New York campus

Google closes $2.4 billion Chelsea Market deal to expand New York campus

Wed, Mar 21, 2018

The deal highlights New York as a hub for innovation and an incubator for young technology companies, said Michael Phillips, president of Jamestown. The sale was first reported in early February.

Google hires former Samsung exec to coordinate Internet of Things projects

Google hires former Samsung exec to coordinate Internet of Things projects

Tue, Feb 13, 2018

Alphabet Inc`s Google this month hired Injong Rhee, who recently resigned as Samsung Electronics Co`s chief technology officer, to lead its Internet of Things business, he said in a LinkedIn post Monday.

Waymo's self-driving tests in California have fewest human interventions

Waymo's self-driving tests in California have fewest human interventions

Thu, Feb 01, 2018

Disengagements occur when self-driving system is deactivated with control handed back to humans because of a system failure or a traffic, weather or road situation that required human intervention

Google, Tencent, Sequoia China join $15 million funding for pharma startup XtalPi

Google, Tencent, Sequoia China join $15 million funding for pharma startup XtalPi

Wed, Jan 24, 2018

Sequoia led the round, bringing the startup`s total funding amount to $20 million

Google announces patent agreement with Tencent amid China push

Fri, Jan 19, 2018

The US technology company has signed similar agreements before with Samsung Electronics, LG Electronics and Cisco Systems Inc, but the deal with Tencent is a first with a large Chinese tech firm.

Google teams with Sony, Lenovo for smart speakers with touchscreens

Google teams with Sony, Lenovo for smart speakers with touchscreens

Tue, Jan 09, 2018

Dubbed smart displays by Google, the new devices introduce tablet-like screens to speakers that can obey oral commands to perform tasks like playing music, dimming lights, locking doors and setting alarms. JBL and Lenovo Group Ltd also are developing smart displays, Google said.

Alphabet's Eric Schmidt to step down as executive chairman

Alphabet's Eric Schmidt to step down as executive chairman

Fri, Dec 22, 2017

Alphabet Inc said on Thursday its Executive Chairman Eric Schmidt will step down in January, ending a 17-year-run in which he played a central role in building a promising startup called Google into a global technology powerhouse.

US regulators ditch net neutrality rules as legal battles loom

US regulators ditch net neutrality rules as legal battles loom

Fri, Dec 15, 2017

The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

U.S. agency prepares to hand over internet oversight to FTC

U.S. agency prepares to hand over internet oversight to FTC

Tue, Dec 12, 2017

FCC Chairman Ajit Pai last month unveiled plans to repeal the rules that prohibit internet service providers from impeding consumer access to web content.

U.S. prosecutors'' letter spurred orders in self-driving car lawsuit

U.S. prosecutors'' letter spurred orders in self-driving car lawsuit

Sun, Nov 26, 2017

U.S. District Judge William Alsup in San Francisco disclosed on Wednesday that he had received a letter from Justice Department attorneys about the case, which is set for trial in December. The judge did not reveal the letter`s contents.

YouTube steps up takedowns as concerns about kids' videos grow

YouTube steps up takedowns as concerns about kids' videos grow

Thu, Nov 23, 2017

YouTube stepped up enforcement of its guidelines for videos aimed at children, the unit of Alphabet Inc`s Google said on Wednesday, responding to criticism that it has failed to protect children from adult content.

Google hits high growth in ad revenues, but investors remain wary of rising traffic acquisition costs

Google hits high growth in ad revenues, but investors remain wary of rising traffic acquisition costs

Fri, Oct 27, 2017

Google's ad revenues posted a huge double digit growth in Q3, however the traffic acquisition costs for the company has been steadily rising and eating into its ad revenues.

Facebook, Twitter, Google executives to testify November 1 about Russia meddling in US election

Facebook, Twitter, Google executives to testify November 1 about Russia meddling in US election

Fri, Oct 06, 2017

Executives from the companies were already due to appear the same day before the Senate Intelligence Committee.

Google to buy part of HTC's smartphone operations for $1.1 billion

Google to buy part of HTC's smartphone operations for $1.1 billion

Thu, Sep 21, 2017

Under the deal, Google will acquire a team of people who develop Pixel smartphones for the U.S. firm and receive a non-exclusive license for the Taiwanese firm`s intellectual property.

Apple to build Iowa data centre, get $207.8 million in incentives

Apple to build Iowa data centre, get $207.8 million in incentives

Fri, Aug 25, 2017

Apple will purchase 2,000 acres (8.09 square km) of land in Waukee, about 20 miles (32 km) west of Des Moines, to build two data centres. The company will receive a $19.65 million investment tax credit for creating 50 jobs.

Alphabet appoints Google CEO Pichai to board

Alphabet appoints Google CEO Pichai to board

Mon, Jul 24, 2017

Alphabet Inc said it appointed chief executive of its Google unit, Sundar Pichai, to its board. The company`s board also includes founders Larry Page and Sergey Brin.

Google facing EU ban over search engine dominance

Google facing EU ban over search engine dominance

Sat, Jun 17, 2017

Accused of manipulating its search engine results to favour its new shopping service, search engine Google may face a record-breaking fine from Brussels of nearly $1.1 billion, media reported on Friday.

SoftBank firm acquires two of Alphabet Inc's robotics businesses

SoftBank firm acquires two of Alphabet Inc's robotics businesses

Fri, Jun 09, 2017

SoftBank shares rose by 7.9% on the announcement of this landmark deal that give thrust to its artificial intelligence portfolio.

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