Page 3 - Alphabet

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

Spotify to start handing over pink slips as soon as this week: Report

In October, Spotify laid off 38 people from its Gimlet Media and Parcast podcast studios

Google's research and development division 'Area 120' hit by layoffs

As Google's parent company Alphabet laid off 12,000 employees, its in-house research and development (R&D) division called Area 120 has also been significantly hit

Google says India antitrust ruling to drive up costs for app developers

Alphabet Inc's Google said that India's new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers

Google alleges CCI copied parts of EU order on Android abuse, says report

CCI in October fined Alphabet Inc's Google $161 million for exploiting its dominant position in markets such as online search and the Android app store

Google India's profits triple in five years, at Rs 1,238 crore in FY22

More than half of Alphabet's revenue (Google's parent company) came from Google Search in 2021, even though its share from advertising subsidiaries and YouTube advertisements is increasing

Alphabet's Wing unveils remote operations centre for drone delivery

Alphabet's drone delivery company Wing has unveiled its new remote operations centre where pilots will monitor multiple missions at a time

In layoff season, Google may fire 10,000 'low performing' employees

The news on layoff at Google has come within days of a letter that hedge fund TCI, an investor in the company, wrote to Alphabet. TCI has shares worth $6 billion in Alphabet

Google's parent company Alphabet prepares to lay off 10,000 employees

Google new ranking and performance improvement plan will help managers push out underperforming employees

Pandemic boom to season of layoffs: How big tech and startups got it wrong

It is not just Meta which is looking at becoming capital efficient. Alphabet, the parent company of Google and Microsoft have already sent messages that focus will be on increasing productivity

The CCI's Google orders: How does it impact innovation for apps

Opinion split on how ecosystem will change after regulator asks tech giant to stop misusing its 'dominant position'

Apple saw double-digit revenue growth in India in Sept quarter: Tim Cook

iPad, MacBook, and services were the main drivers of Apple's growth in India, indicating that the company is expanding in the country

Big tech's dirty supply chains undercut climate promises from headquarters

Amazon.com Inc, Microsoft Corp, and Alphabet Inc have pledged to run their own operations on 100 per cent clean power. But their suppliers remain deeply reliant on fossil fuels

Gloomy results by Alphabet, Microsoft stoke fears of a global downturn

Alphabet leads Big Tech sell-off after reporting slowdown in ad growth, Microsoft's cloud revenue softer than expected

Google, Microsoft, TI announce disappointing results; tech stocks tumble

Google parent Alphabet Inc. fell as much as 7.4% after third-quarter revenue came in below expectations, while software giant Microsoft Corp. lost 8.1% following a disappointing revenue forecast