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The Latest Breaking News from Alphabet Inc

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…

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

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…

L3Harris Technologies Eyes Israeli Spyware Firm NSO: Reports

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…

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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

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…

Asharq Al-Awsat

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.

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.…

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Alphabet Owned Waymo Collaborates With Uber Freight - Read Why

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…

Google Co-Founder Looks To Revive Airships, But This Steampunk Industry Already Has Plenty Of Competition

Google Co-Founder Looks To Revive Airships, But This Steampunk Industry Already Has Plenty Of Competition

Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google co-founder Sergey Brin is on an unlikely quest to bring airships back with his newest company, Lig

XPO Logistics Amplifies Supply Chain Via Google Cloud - Read How

XPO Logistics Amplifies Supply Chain Via Google Cloud - Read How

XPO Logistics Inc (NYSE:XPO) and Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Cloud have launched a multi-year agreement to further innovate how goods move through supply chains. The financial terms were not disclosed. XPO Logistics is creating speedier, more efficient supply chains with greater visibility by leveraging Google Cloud's capabilities in artificial intelligence (AI), machine learning (ML),…

Facebook, Twitter Could Soon See Tougher Regulations On Content Removals In India

Facebook, Twitter Could Soon See Tougher Regulations On Content Removals In India

After bringing in the Information Technology Act to regulate content on social platforms, India is now mulling appointing appeal panels to take final calls on social media takedowns.

Google Is Merging Its Video Conferencing Apps

Google Is Merging Its Video Conferencing Apps

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOGL) subsidiary Google says it is merging its Meet and Duo video conferencing applications.

This French Utility Looks To Use Google's Experimental Tech To Boost Wind Power

This French Utility Looks To Use Google's Experimental Tech To Boost Wind Power

French utility ENGIE SA (OTC:ENGQF) looks to begin using an experimental technology from Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to boost efficiency and power from wind farms, Bloomberg reports. Engie will be the first customer to use Google’s feature, which Google sold via its cloud division. In 2019, Google acknowledged working with DeepMind to make artificial…

Here's Why JPMorgan Sees Meta As Broadcom's Next Billion-Dollar Customer

Here's Why JPMorgan Sees Meta As Broadcom's Next Billion-Dollar Customer

Facebook parent Meta Platforms Inc (NASDAQ:FB) looks to use Broadcom Inc's (NASDAQ:AVGO) custom chips to build its metaverse hardware, becoming the chipmaker's next billion-dollar ASIC customer, J.P. Morgan analysts said. The analysts saw application-specific integrated circuit chips drive approximately $2 billion to $2.5 billion in revenue for Broadcom in 2022, aided by its deals…

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5 Digital Advertising Stocks to Avoid After Snap Reduces 2022 Revenue Guidance

Social media company Snap (SNAP) has reduced its growth forecast due to several macroeconomic headwinds and a global economic slowdown. These headwinds, coupled with increased regulations, will likely affect other companies in the digital ad space. Thus, we think the stocks of digital ad companies Meta Platforms (FB), Alphabet (GOOGL),…

Twitter Refuses To Let Go Board Member Egon Durban - Read Why

Twitter, Inc (NYSE:TWTR) refused to remove Silver Lake co-CEO Egon Durban from its board after failing to win the support of the necessary majority of Twitter investors. The board considered Durban a highly influential member bringing an unparalleled operational knowledge of the industry, a unique perspective, and an invaluable skill set and experience…

Here's Why This Analyst Slashed 2025 Revenue Estimates For Alphabet, Meta, Snap, Twitter

Research firm MoffettNathanson slashed its 2025 revenue estimates for each Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc (NASDAQ:FB), Snap Inc (NYSE:SNAP), and Twitter Inc (NYSE:TWTR) by double-digit percentages, Reuters reported. MoffettNathanson expects online advertising in the U.S. to grow by 12.5% annually through 2025, down from the previous estimate of 18.5% annual growth. "After years of uber-bullishness, we are truly concerned…

Google Cloud Chief Clarifies Aramco Deal Is Not For Oil Production

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud head Thomas Kurien clarified that its deal with oil giant Saudi Aramco did not include oil production, Bloomberg reports. “We work with Aramco system integration division, not with the oil-and-gas division,” Kurian said. Google’s critics, including its employees, have claimed that providing cloud tools to oil-and-gas…

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Morning Brief: Top Financial Stories Dominating on Friday, May 27

Google, India Discuss Collaborating Over Open E-Commerce Network

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and the Indian government have discussed integrating its shopping services with India's open e-commerce network ONDC, Reuters reports. Google's talks follow the success of its payments business due to the government's initiative for financial transactions, the Unified Payments Interface (UPI). An expert emphasized ONDC's need for a…

Google Maps Contract Workers Lock Horns With Management Over Returning To Office Policy

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Maps contract workers are amid a standoff with their vendor Cognizant Technology Solutions Corp (NASDAQ:CTSH) on resuming back office, Bloomberg reports. The workers who are paid an hourly rate of $16 - $28 and do not enjoy the same perks as direct employees are also subject to the company's…

Britain Competition Watchdog Launches Second Probe On Google

Britain's competition regulator launched its second probe into the advertising practices of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google for allegedly distorting competition and illegally favoring its services, Reuters reports. The Competition and Markets Authority examined three critical parts of the ad tech stack chain, services that mediate ad tech since Google owned the largest…

Google Docs Formatting Just Got A Whole Lot Quicker

Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google said on Wednesday that its Google Docs application will now allow users to make multiple text selectio

Why Luminar Shares Are Rising Today and What's Its Connection To Apple Car?

Luminar Technologies, Inc (NASDAQ:LAZR) roped in Christopher “CJ” Moore, a manager on Apple Inc’s (NASDAQ:AAPL) car project and a former director of Autopilot at Tesla Inc (NASDAQ:TSLA), to lead global software development, Bloomberg reports. Moore, who had joined Apple in August, will lead Luminar’s software team to develop autonomous safety features integrated with its lidar or…

Here's How Apple Defended Its App Store Policies

Apple Inc (NASDAQ:AAPL), facing mounting criticism of its App Store policies, has defended the platform citing the small-business jobs and revenue it generates, Bloomberg reports. The App Store is under intense scrutiny from government officials in the U.S. and Europe, which also have been after Meta Platforms Inc (NASDAQ:FB) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL). Also Read: BofA Lists Reasons…

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