The Latest Breaking News from Alphabet Inc

Tech-dominated "growth" stocks are still not cheap despite sharp falls over the last six months, analysts at U.S. investment bank JPMorgan cautioned, Reuters reports. The so-called FAANGs have seen some of their COVID-era surges cut back this year.  Meta Platforms Inc (NASDAQ:FB) fell 38%, Apple Inc (NASDAQ:AAPL) was down 5.7%, Amazon.com Inc (NASDAQ: AMZN) down 8.5%, and was Netflix Inc (NASDAQ: NFLX)…

Huawei Technologies looks to spend CNY4 billion ($632.52 million) on building a new headquarters and R&D center for its digital power unit, Reuters reports. Huawei Digital Power inked an agreement on February 17 with the local government of the southern metropolis of Shenzhen, where its parent is headquartered, for the project.…

Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has announced Privacy Sandbox, a multi-year initiative to build more 

Alphabet Inc's Google on Wednesday said it would keep alive for at least two years a tracking technology on its Android phones that is relied upon by advertisers, easing speculation about its plans after Apple Inc frustrated the ad industry by restricting a similar tool. Google said it would give…

Shares of adtech companies fell on Wednesday morning on a report that Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google will stop cross-app tracking on Android phones, following a similar move by Apple Inc (NASDAQ:AAPL).  "We don't think there should be a forced choice between privacy and developers building their business," Anthony Chavez, VP of product management for Android…

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google looks to adopt new privacy restrictions to curtail tracking across apps on Android smartphones. Google’s plans for Android could drive an end to more than a decade of advertising practices across smartphones, the Wall Street Journal reports. The move would affect companies, including Meta Platforms…

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Wing unit promoted its longtime CTO to the CEO role.  Wing seeks to expand its drone delivery operations rapidly, including the Dallas suburbs. Adam Woodworth replaced James Ryan Burgess as the CEO, who stepped aside from most of his duties following a health issue. Burgess will remain an adviser…

BofA analyst Omar Dessouky reinstated coverage of Roblox Corp (NYSE:RBLX) with a Buy rating and $84 price target, calling the company the "category leader" in the emerging "Metaverse" media category. The price target implies an upside of 20.8%. Roblox has no "old media" businesses to cannibalize and invests 100% of its resources exclusively towards leadership…

India's Ministry of Electronics and Information Technology has banned 54 apps it says are of Chinese origin, including Sea Ltd (NYSE:SE) marquee game Free Fire, Bloomberg reports. The apps banned include those belonging to Tencent Holdings Ltd (OTC:TCEHY), Alibaba Group Holding Ltd (NYSE:BABA), and NetEase Inc (NASDAQ:NTES), and are re-branded versions of apps already banned by India in 2020.…

France's watchdog CNIL alleged Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Analytics of giving U.S. intelligence services access to French website users' data, Reuters reports. The regulator alleged the U.S. tech giant lacking sufficient measures to guarantee data privacy rights under European Union regulation when transferring data between Europe and the U.S. The French website…

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) YouTube looks to start creating metaverse experiences on its video platform, beginning with gaming, amid increasing competition with ByteDance Inc's TikTok and Meta Platforms Inc's (NASDAQ:FB) Instagram. YouTube elaborated on its blockchain and metaverse plans for 2022, saying it could harness emerging technologies to cut fraud in the fast-growing digital art market and…