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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

Google lays off hundreds working on Assistant software, other parts of firm

A few hundred roles are being eliminated in the company's Devices and Services team, with the majority in the 1P AR hardware team, the company said

After Google, Amazon announces job cuts; hundreds to get pink slips

The latest job cuts by Amazon will impact the employees of Prime Video and Amazon MGM Studios. The news coincided with Google's similar announcement to layoff employees on Wednesday

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

Google, Meta, Qualcomm team up to push for open digital ecosystems

Calling itself the Coalition for Open Digital Ecosystems (CODE), the group said it wants to promote more open platforms and systems to boost growth and innovation in Europe

Gemini 1.0: What's new with Google's latest AI model and how it works

Google rolls out Gemini AI to Bard and Pixel Pro smartphones, coming to Search, Chrome and more soon

Alphabet launches Gemini, an AI- based model it hopes will take down GPT-4

Called Gemini, the Google owner's highly anticipated AI model is capable of more sophisticated reasoning and understanding information with a greater degree of nuance than Google's prior technology

Russian court fines Google for failing to store personal data on its users

A Russian court on Tuesday fined Google for failing to store personal data on its Russian users, the latest in a series of fines on the tech giant amid tensions between Russia and the West over the war in Ukraine. A magistrate at Moscow's Tagansky district court fined Google 15 million rubles (around $164,200) after the IT company repeatedly refused to store personal data on Russian citizens in Russia. Google was previously fined over the same charges in August 2021 and June 2022 under a Russian law that obliges foreign entities to localise the personal data of their Russian users. The US tech giant was also ordered to pay a 3-million-ruble (about $32,800) fine in August for failing to delete allegedly false information about the conflict in Ukraine. However, Russia can do little to collect the fine, as Google's Russia business was effectively shut down last year after Moscow sent troops into Ukraine. The company has said it filed for bankruptcy in Russia after its bank account was

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

Microsoft extends cloud lead over Alphabet, focuses on OpenAI, big clients

Gains in the shares of Microsoft were set to add about $90 billion to its market capitalization.

YouTube to recommend videos from credible sources in coming months

Google-owned YouTube will list credible news sources on a "Watch Page" which it will roll out in the coming months in India, a senior company official said on Thursday. "Today, I am thrilled to introduce 'Watch Page' for news... the Watch Page will recommend videos available from credible sources," YouTube India, head of government affairs and Public Policy, Mira Chatt said at the Google for India event here. She said that the Watch Page will be rolled out in coming months in India. Recently, the government asked YouTube to identify fake news channels on its platform. Sources, however, said that the government has not defined "fake news" in its communication to YouTube. Chatt said the platform removed more than 2 million videos in India between April and June, 2023 that were violating its policies.

Alphabet CEO Sundar Pichai set to testify in Google Play antitrust trial

Pichai is also scheduled to testify in coming weeks in the ongoing Washington trial in a suit brought by the US Justice Department accusing Alphabet of maintaining a monopoly in web search

Tech leaders discuss artificial intelligence policy in senate meeting

The meeting, which was organised by Senate Majority Leader Chuck Schumer included personalities with diverging views on how to write the rules for AI

Google parent Alphabet fires hundreds from global recruitment team

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

AI 'ghost' staff: US lawmakers probe Amazon, Alphabet, Microsoft, Meta

Along with the established tech giants, the letter's recipients include the newer AI-focused firms OpenAI, Inflection AI, Scale AI and Anthropic

After US, Google introduces generative AI to search in India, Japan

The feature, which was first launched only in the United States, was rolled out this week in the two countries, and users will have the choice to opt in for it

Alphabet's rapidly expanding $118 billion cash pile poses a new problem

Apple in the last five fiscal years has returned almost $5 billion more than the record $454 billion in cash it generated

AI's promise on tech set for test with Microsoft, Alphabet Earnings

Bets that artificial intelligence will revolutionise Corporate America and deliver riches to the biggest companies behind it will get a test Tuesday, as Microsoft Corp. and Alphabet Inc

Google veteran Urs Hölzle steps down as manager in cloud shakeup: Report

Urs Hölzle joined the company, now the key unit of parent Alphabet Inc., in 1999 as its eighth employee, and will now transition into a role as a Google Fellow, the company said