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The Latest Breaking News from Alphabet Inc

Stephanie Link Exits Amazon Position: Here's Why

Hightower Advisors' Stephanie Link cut Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) from her portfolio to kick off the new year and it seems she isn't done sending FAANG names to the guillotine.

YouTube To Explore NFT Features For Video Creators: Report

YouTube To Explore NFT Features For Video Creators: Report

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube is exploring adding nonfungible token features for its video creators, Bloomberg reports. Twitter Inc (NYSE:TWTR) began letting users post NFTs as profile photos, and Meta Platforms Inc (NASDAQ:FB) Instagram is working on a similar offering. YouTube CEO Susan Wojcicki told creators her company was looking to web3, an umbrella term for internet…

Nvidia Quietly Looks To Dump Its Arm Ambitions

Nvidia Quietly Looks To Dump Its Arm Ambitions

NVIDIA Corp (NASDAQ:NVDA) is quietly preparing to abandon its purchase of Arm Ltd from SoftBank Group (OTC:SFTBY) (OTC:SFTBF) on bleak prospects of winning approval for the $40 billion chip deal, Bloomberg reports. Nvidia expressed pessimism to its partners regarding the deal's success. SoftBank, meanwhile, is stepping up preparations for an Arm initial public offering…

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Google Faces Lawsuits over Location-Tracking Practices from US States

Texas, Indiana and the District of Columbia sued Alphabet Inc's Google on Monday over what they called deceptive location-tracking practices that invade users´ privacy. "Google falsely led consumers to believe that changing their account and device settings would allow customers to protect their privacy and control what personal data the…

Asharq Al-Awsat

Snap Ramps Up International Expansion Capitalizing On Cleaner Image

Snap Inc (NYSE:SNAP) sped up its global expansion from Mexico to Japan through tie-ups with wireless carriers and highlighting its popular augmented reality features, Reuters reports. Snap remained largely unscathed by global governments and regulators and has developed a playbook for attracting users in new markets that plays up the appeal of…

Twitter Reorganizes Security Team: All You Need To Know

Twitter Inc (NYSE:TWTR) shook up the top ranks of its security team this week with the termination of the head of security and the exit of the chief information security officer, the New York Times reports. Peiter Zatko, the head of security, is no longer at the company. Rinki Sethi, the chief…

Peering Into Alphabet Inc - Class A's Recent Short Interest

Alphabet Inc - Class A's (NASDAQ:GOOGL) short percent of float has fallen 5.48% since last its last report. The company recently reported that it has 2.06 million shares sold short, which is 0.69% of all regular shares that are available for trading.

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Google Ropes In Former PayPal Executive For Payments Division: Report

Google Ropes In Former PayPal Executive For Payments Division: Report

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google hired former PayPal Holdings Inc (NASDAQ: PYPL) executive Arnold Goldberg to run its payments division, Bloomberg reports. The hiring is a part of Google's broader strategy to team up with a broader range of financial services, including cryptocurrencies, the report quoted Bill Ready, Google's President of commerce. Ready, PayPal's former…

Here's Why BofA Remains Bullish On Alphabet

Here's Why BofA Remains Bullish On Alphabet

BofA analyst Justin Post raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) to $3,470 from $3,210 and reiterated a Buy rating on the shares. The price target implies an upside of 27%. The analyst expects deceleration in 2022 versus the 41% estimated search growth in 2021. However, he thinks Google is still early in…

Morgan Stanley Bumps Up Alphabet Price By 7.2%

Morgan Stanley Bumps Up Alphabet Price By 7.2%

Morgan Stanley analyst Brian Nowak raised the price target on Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares to $3,430 from $3,200 and reiterated an Overweight rating on the shares. The price target implies an upside of 25.8%. Nowak updated his models and rolled forward valuations among his Internet sector coverage. Heading into 2022, Nowak said he remains…

Why YouTube Is Cutting Back On Its Investments In Original Content

Why YouTube Is Cutting Back On Its Investments In Original Content

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) video streaming unit YouTube cut the bulk of its investment towards original programming.

Google Announces Second Stadia Games Studio, 'Division 2' Launch

Google Announces Second Stadia Games Studio, 'Division 2' Launch

Alphabet Inc's (NASDAQ: GOOG) (NYSE: GOOGL) Google announced it's opening a second development studio for its gaming platform Stadia.

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