Page 3 - Alphabet

Alphabet heads toward $2 trn valuation with investors cheering AI progress

The stock is heading back toward what would be a record $2 trillion market value - a milestone surpassed only by Microsoft Corp., Apple Inc. and Nvidia Corp

Google's contemplated HubSpot deal would prompt new battle with regulators

Nearly a dozen antitrust experts and industry analysts said in interviews and analyst notes that it was unlikely that an acquisition by Google would hamper competition

OpenAI's Sam Altman returns to company's board after probe clears him

Altman is rejoining the company's board following the findings

Google parent Alphabet ad revenue disappoints, capex up; shares sink 6%

While Google Cloud's revenue topped Wall Street targets and growth rebounded with a boost from AI, Microsoft's Azure grew faster in the same period

Reliance Industries most valuable Indian company: Hurun Global 500 2023

The two companies that saw the highest valuation gain were Microsoft and Nvidia. Both of these are associated with the artificial intelligence software ChatGPT

Microsoft, Alphabet stocks under pressure to show AI earnings boost

Microsoft Corp. and Alphabet Inc., two of the biggest players in AI-related software, will report after the market close

Global corporate landscape 2023: Mergers, closures, and leadership shifts

From acquisitions & mergers to resignations 2023 has been a year of significant milestones in the global corporate world. Here is a recap on all the major event that unfolded in 2023

Alphabet reaches $700 mn deal in Google Play feud, to alter policies

The deal disclosed in a court filing late Monday calls for tweaks to Google Play policies designed to reduce barriers to competition in the markets for app distribution and payment processing

Google's Epic legal defeat threatens $200 billion app store industry

The loss - handed down by a San Francisco jury on Monday - is a blow to the two companies' business model in apps, where they charge commissions of as much as 30 per cent

Meta, Alphabet, ByteDance, Snap must face social media addiction lawsuits

Rogers rejected arguments that the defendants were immune from being sued by the US Constitution's First Amendment

Meta, Alphabet, ByteDance, Snap must face social media addiction lawsuits

Rogers rejected arguments that the defendants were immune from being sued by the US Constitution's First Amendment

Alphabet to pay $40 million to Match to settle Google Play antitrust battle

Lawyers representing Match and Google said in a court filing Tuesday they've agreed to drop all claims and counterclaims against each other

Paid $26 billion to be default search engine, says Google's Raghavan

The amount of money Google has paid other companies for default status for its search engine has more than tripled since 2014, Raghavan said

Alphabet shares slump over 8% as cloud unit services misses estimates

As Google's dominant search business matures, investors are looking to the cloud unit to take the lead on growth. The unit reported operating income of $266 million, missing estimates of $434 million

Taming Big Tech: Battles are raging on more than one front

The profitability of Meta, Amazon, Microsoft, Alphabet and Apple (MAMAA), twice the S&P 500 average of 10 per cent, has come to be seen as flowing from the abuse of market power, writes T N Ninan

Taming Big Tech: Battles are raging on more than one front

The profitability of Meta, Amazon, Microsoft, Alphabet and Apple (MAMAA), twice the S&P 500 average of 10 per cent, has come to be seen as flowing from the abuse of market power, writes T N Ninan

Google parent Alphabet fires hundreds from global recruitment team

Firm cut about 12,000 jobs in January, reducing workforce by 6%

Bernstein downgrades Alphabet, warns it's moving 'too fast' in AI

Shares fell 1.5 per cent after the cut to market perform from outperform. The stock is on track for its sixth negative session of the past seven, though it remains up over 30 per cent this year

Google's persisting ad slump weighs on Alphabet's first quarter results

Google's advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threatens to undercut its dominant search engine. An unprecedented downturn in Google's digital ad revenue the company's main moneymaker for more than 20 years came into sharper focus Tuesday with the release of the January-Marcy results for its corporate parent, Alphabet Inc. Although Alphabet's total revenue for the period rose from the same last year, Google's first-quarter ad sales of $54.5 billion marked a slight decrease from a year ago. That dip followed a nearly 4% decline during the final three months of last year, making this the first time in Google has sustained back-to-back drops in year-over-year ad revenue since becoming a publicly traded company in 2004. Google's YouTube video site, a marketing magnet in recent years, saw its ad sales decrease 2.5% from last year, marking its second consecutive quarte

Here is all you need to know about YouTube's new CEO, Neal Mohan

Mohan will join an expanding club of prominent Indian-American executives who are running the show for some of the biggest tech giants in the world