alphabet inc.
Google loses bid to avoid trial in DOJ's digital advertising antitrust case
June 14, 2024 | 3:07pmGoogle had argued for a win without a trial, saying that antitrust laws do not block companies from refusing to deal with rivals and that regulators had not accurately defined the...
Google parent Alphabet poaches new CFO from pharmaceutical firm Eli Lilly
June 5, 2024 | 10:37amAnat Ashkenazi will take over the key role effective July 31 and replace Alphabet’s longtime CFO Ruth Porat.
Google upgrades search engine with ‘AI Overviews’ – risks revenue drain for media companies
May 14, 2024 | 3:13pmGoogle maintains a 90% market share in search. Its alleged monopoly led to a landmark lawsuit by the federal government against the company.
Ex-Google workers ousted over anti-Israel office protests claim they were illegally fired
April 30, 2024 | 3:29pmThe workers are “seeking reinstatement of their jobs, back pay, and affirmation from Google leadership that it will not retaliate against its workers for lawful collective protest."
Google's parent announces first-ever dividend, sending shares soaring: 'Breath of fresh air'
April 25, 2024 | 6:55pmCEO Sundar Pichai touted Google's AI offerings as a boon to its core search results.
Still too woke: Google can’t stop at canning subversives
April 20, 2024 | 2:02pmWho's the boss? CEO Sundar Pichai fired anti-Israel workers who staged sit-ins at Google's offices, but his entire company is plagued by a biased, far-left culture.
Google hit with $271M fine by French regulator over Gemini AI tool copyright breach
March 20, 2024 | 12:03pmGoogle said the fine was disproportionate, and said the watchdog had not sufficiently taken into account its efforts "in an environment where it’s very hard to set a course because...
Europe's Digital Markets Act forces tech giants to make changes to be 'fairer' -- here's what that means
March 6, 2024 | 12:39pmEuropeans scrolling their phones and computers this week will get new choices for default browsers and search engines, where to download iPhone apps and how their personal online data is...
Waymo gets OK to launch robotaxi service in LA -- despite pushback over safety concerns
March 4, 2024 | 11:15amWaymo was cleared by Californai regulators to expand its embattled self-driving car service into Los Angeles and San Mateo counties, sparking safety concerns from local officials.
Google 'predatory' advertising practices probe expanded by Canada antitrust watchdog
February 29, 2024 | 3:23pmIn addition, the Competition Bureau is looking into Google's potential predatory pricing, according to The Journal, which is a strategy often deployed to weaken rivals by establishing extremely low prices.
NYC's lunatic lawsuit against social media could drive millions of tax dollars away
February 22, 2024 | 6:42pmIn the realm of dangerously misplaced urban priorities, nothing compares with the lawsuit the Adams administration filed last week against Facebook, Instagram, YouTube, Snapchat and TikTok.
Investors weary of cost of AI development as Microsoft, Alphabet shares fall
January 31, 2024 | 6:53pmTech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge features irked investors hoping for a big boost...
AI companies lose $190 billion in market cap after Alphabet and Microsoft report
January 30, 2024 | 9:30pmAI-related companies lost $190 billion in stock market value late on Tuesday after Microsoft, Alphabet and Advanced Micro Devices delivered quarterly results that failed to impress investors who had sent their...
Shares of Google parent Alphabet drop 6% after disappointing ad revenue
January 30, 2024 | 5:02pmAlphabet has faced tough competition for ad budgets from other online platforms such as Facebook, Instagram, TikTok and Amazon, alongside mixed economic signals in the US.
Alphabet's secretive X division lays off dozens of workers in cost-efficiency push
January 22, 2024 | 3:40pmThe move comes days after Google said it would lay off hundreds of employees in its advertising sales team and its hardware, Voice Assistant and augmented reality teams amid its aggressive campaign...
Google lays off 'several hundred' from ad sales team as employees grumble over downsizing
January 16, 2024 | 1:40pmPhilipp Schindler, Google's chief business officer, circulated a memo announcing that "several hundred" employees would be out of a job.
Google developer nixes plan to build 15K homes in San Francisco Bay Area over 'market conditions'
November 3, 2023 | 2:42pmThe developer set to convert the area surrounding Google's San Francisco headquarters into a 15,000-house residential campus complete with office space and hotels has backed out of the project, citing...
Google paid $26B to be default search engine in 2021, exec testifies in antitrust trial
October 27, 2023 | 4:51pmThe amount of payments Google made for the default status has more than tripled since 2014, according to senior executive Prabhakar Raghavan, Bloomberg reported.
Alphabet shares dive as Google cloud revenue weakens
October 24, 2023 | 5:20pmRevenue growth at Google's cloud unit to slow to 22.5% in the third quarter, from 28% in the prior three-month period.
Google lays off dozens in its news division in latest round of cuts: report
October 19, 2023 | 10:16amBetween 40 to 45 employees at Google News were laid off, a spokesperson for the Alphabet Workers Union told CNBC.