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The Latest Breaking News from Alphabet Inc

Benzinga Before The Bell: Tesla's Autopilot Layoff, TikTok Removal From App Stores, US Sanction On Russian Gold And Other Top Financial Stories Wednesday, June 29

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Benzinga

Samsung Snaps This OLED Company Reputed For Foldable Devices For $300M

Samsung Display Co. scooped display company Cynora GmbH for $300 million, gaining technology for so-called OLED screens, Bloomberg reports. Samsung acquired Cynora’s intellectual property and technology under the deal. The Bruchsal, Germany-based company, terminated its workforce under the arrangement. Samsung was already an investor in Cynora, with LG Electronics Inc (OTC:LGEJY) and other display…

Benzinga

Buy These Stock Splits as Analysts See Upside

The market has witnessed several stocks-splits this year. Analysts see upside in Fortinet (FTNT), Alphabet (GOOGL), and Nintendo (NTDOY), which have either undergone a stock split or will do so in the near term. The availability of these stocks at affordable prices after their splits could be an excellent opportunity…

StockNews.com

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Russia Fined These US Companies Over Data Privacy Breach

A Moscow court penalized Amazon.com Inc (NASDAQ:AMZN) owned video streaming service Twitch, social network Pinterest, Inc (NYSE:PINS), holiday rental company Airbnb, Inc (NASDAQ:ABNB), and United Parcel Service, Inc (NYSE:UPS) for refusing to store Russian citizens' data in Russia, Reuters reports. Russia penalized Twitch by 2 million roubles ($37,700), Pinterest and Airbnb by 2 million roubles, and UPS by 1 million…

Benzinga

Investors Seek More Transparent Tax, Disclosure Norms From Microsoft and Cisco

Britain-based proxy advisers Pensions & Investment Research Consultants (PIRC) sought more transparent tax and financial information from Microsoft Corp (NASDAQ:MSFT) and Cisco Systems, Inc (NASDAQ:CSCO), Reuters reports. The resolution urged Microsoft to disclose financial and tax information country-by-country outside the U.S. to help investors assess its fairness and identify any risks posed by tax reforms. It also…

Benzinga

Ad Industry's Biggest Conference Returns With New Winner: Find Out Who

The advertising industry's biggest conference has returned with a new winner Amazon.com, Inc (NASDAQ: AMZN), after a two-year break, Bloomberg reports. Amazon occupied a portion of the beachfront at the annual Cannes Lions show with the "Amazon Port," its most extensive showcasing at the conference yet reflecting its growing significance. Tech companies like Alphabet Inc (NASDAQ:GOOG)…

Benzinga

Google Finds Apple and Android Smartphones Falling Victims To Spyware Attacks In Italy, Kazakhstan

Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Android smartphones in Italy and Kazakhstan became spyware

Benzinga

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Google says Apple, Android phones hacked by Italian spyware

An Italian company's hacking tools were used to spy on Apple Inc and Android smartphones in Italy and Kazakhstan, Alphabet Inc's Google said in a report on Thursday. Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, developed tools to spy on private messages and contacts of…

Asharq Al-Awsat

Netflix Flirts With NBCUniversal, Google To Beat Subscriber Slowdown

Comcast Corp's (NASDAQ: CMCSA) NBCUniversal and Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google emerged as top conten

Benzinga

Google News Resumes Services In Spain After 8-Year Hiatus: Here's What Happened

Eight years after shutting down, Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reopened Google News services in Spain on Wednesday.

Benzinga

Here's Why Needham Predicts Taboola Shares To Double

Needham analyst Laura Martin reiterated Buy on Taboola.com Ltd (NASDAQ:TBLA) with a price target of $5 (95.3% upside). Martin cited the eMarketer report that advertising revenue on the Open Internet (excluding Walled Gardens like Amazon.com Inc (NASDAQ: AMZN), Meta Platforms Inc's (NASDAQ:META) Facebook, Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, YouTube, Snap Inc (NYSE:SNAP), and Roku, Inc (NASDAQ:ROKU)) is about $40 billion in the U.S. and about…

Benzinga

Former Google CEO: How The US Can Offset Semiconductor Dependency, Bolster National Security

Reliance on Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), which manufactures 92% of the world's all advanced chips, puts the national security of the U.S. at risk, according to Eric Schmidt, former chief executive officer of Alphabet Inc.

Benzinga

TikTok President Reasons Why Copying The Former Will Not Be Conducive For Facebook

TikTok's President of Global Business Solutions and former Meta Platforms, Inc (NASDAQ:META) Facebook veteran Blake Chandlee in a CNBC interview, shared how TikTok massively differed from Facebook. ByteDance Ltd-owned TikTok did not look to mimic Facebook. In contrast, Facebook struggled to win users by restructuring its Facebook and Instagram apps to emulate TikTok's popular short video format.…

Benzinga

GM Backed Cruise Is Giving Google, Tesla A Run For Their Money

General Motors Company (NYSE: GM) backed Cruise offered tough competition to Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google in the

Benzinga

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Benzinga

Google's New AI Is Not Conscious: Firm's AI Engineer Explains Why

Numerous recent reports speculated about Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) natural langua

Benzinga

Why Alphabet Shares Are Getting Hammered Today

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) shares are trading lower by 3.87% to $2,110.35 Thursday afternoon in sympathy with the overall market.

Benzinga

KeyBanc Sees Trade Desk Gaining Out Of EU Crackdown On Alphabet, Meta

Given continued scrutiny on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) and Meta Platforms Inc (NASDAQ:META), KeyBanc sees a higher probability of regulators requiring walled gardens to open up inventory to demand side platforms (DSPs). Analyst Justin Patterson sees a ~50% probability of Alphabet making concessions on AdTech to the EU, which could prompt similar actions by Meta. Also…

Benzinga

French Regulator Reaches Truce With Facebook Owner Meta Over Online Ads

France's antitrust watchdog body approved Facebook owner Meta Platforms Inc's (NASDAQ:META) obligations regarding the French online advertising sector. Meta had committed to giving access over five years to advertising inventories and campaign data to adtech companies on 'transparent, objective and predictable' conditions. The watchdog's investigation services raised competition concerns about multiple practices by Meta…

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Benzinga

Over 100 CEOs Including Alphabet, Amazon, Microsoft Press For China Competition Bill

A broad coalition of 123 CEOs and senior executives representing major sectors of the American economy and millions of U.S. workers urged Congress to pass legislation to amplify U.S. economic competitiveness, including in chip manufacturing. The Semiconductor Industry Association (SIA), which organized the letter signing, claimed it was the largest group…

Benzinga

L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

L3Harris Technologies Inc (NYSE:LHX) is planning to acquire Israeli spyware firm NSO Group, Reuters reported, citing U.S. and Israeli media. The deal is expected to be finalized after being approved by Israel, the U.S., and L3Harris’ board of directors. A separate report published by Intelligence Online has shed light on the White House’s…

Benzinga

Google Agrees To Pay $118M To Settle Lawsuit Filed By Female Employees

Alphabet Inc's (NASDAQ: GOOGL) Google has agreed to settle a gender discrimination lawsuit covering close to 15,500 female employees b

Asharq Al-Awsat

UK Plans to Probe Apple, Google’s Mobile Browser Dominance

Britain's competition watchdog said it was planning to investigate the market dominance of Apple Inc and Google's mobile browsers, as well as the iPhone maker's restrictions on cloud gaming through its app store. The Competition and Markets Authority (CMA) said on Friday it was also taking enforcement action against Alphabet…

Benzinga

You Could Soon Get A Cheaper Chromecast From Google

A new device, illustrated in a Federal Communications Commission filing, by Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) could be a cheaper version of Chromecast.

Asharq Al-Awsat

Microsoft Cuts Russia Operations Due to Ukraine Invasion, Says Bloomberg News

Microsoft Corp is substantially cutting its business in Russia in response to Moscow's invasion of Ukraine, Bloomberg News reported on Wednesday. Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia. The company did not immediately respond to a Reuters request for comment.…

Benzinga

Alphabet Owned Waymo Collaborates With Uber Freight - Read Why

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) self-driving trucking unit Waymo Via, and Uber Technologies, Inc's (NYSE:UBER) Freight business collaborated for the efficient deployment of autonomous trucks. The financial terms of the transaction remain undisclosed. Now Waymo customers can use Uber Freight to plan their automated and human-driven trucking fleets more efficiently. Also Read: Lyft Pauses Hiring, Budgets To…

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