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The Latest Breaking News from Alphabet Inc

Concerns over the Fed’s interest rate hikes to combat the rising inflation and growing recession risks have induced heightened volatility in the market. Amid the market uncertainties, investors widely hold blue-chip stocks, Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon.com (AMZN), and Tesla (TSLA), to hedge against market fluctuations. Thus, it…

StockNews.com

Parmy Olson: Google should delete abortion search queries too

For days after the Supreme Court’s decision to overturn Roe v. Wade, big tech companies remained silent on what they would do with their troves of newly incriminating data on women in America. Then last Friday, as the country set off for the holiday weekend, Alphabet Inc.’s Google piped up.…

Tribune News Service

Raymond James Downgrades Rating On VMware - Read Why

Raymond James analyst Simon Leopold downgraded VMware, Inc (NYSE:VMW) from Outperform to Market Perform. The re-rating reflects the expiry of the "Go Shop" period with no other bidders. He expects Broadcom Inc (NASDAQ:AVGO) deal to win approval but will take about a year to close. Leopold views Broadcom's bid of $61 billion, or $142.50 per share…

Benzinga

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Facebook, Instagram Fall Prey To Data Scraping; Indict Chinese Company

Meta Platforms, Inc (NASDAQ:META) prosecuted Octopus Data, the U.S. subsidiary of a Chinese national high-tech enterprise Shenzhen Vision Information Technology Co. Octopus Data allegedly offered data scraping services for Facebook and Instagram. Meta also prosecuted a Turkey-based individual, Ekrem Ateş, for allegedly setting up automated Instagram accounts to scrape data from 350,000 Instagram…

Benzinga

Meta Remains Adamant On NFT Push In Contrast With Google, Apple To Secure Its Metaverse Ambitions

Meta Platforms, Inc (NASDAQ:META) pushed ahead with plans to launch access to digital collectibles to its 3 billion users amid the crypto meltdown, the Financial Times reports. Meta would in no way adjust its plans around so-called non-fungible tokens, said new fintech head Stephane Kasriel in an interview with FT. The efforts are…

Benzinga

Alert: This Malware Steals Your Crypto Via 'Free Bitcoin Mining' Links On YouTube

A new type of crypto-malware identified on Alphabet Inc-owned (NASDAQ: GOOG) (NASDAQ: GOOGL) Google's YouTube has been found to infect users' devices and steal from 30 different types of cryptocurrency wal

Benzinga

Here's How Much Elon Musk, Jeff Bezos And Top 10 Billionaires Lost In The First Half of 2022

The S&P 500 posted its worst first half to a year since 1970. The sharp declines for many publicly traded companies sent the net worth of the world’s richest billionaires down to start the year. Here’s how much wealth the top 10 richest people lost.

Benzinga

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Google to delete user data on trips to abortion clinics

Alphabet Inc.’s Google said it will automatically delete records of user visits to sensitive locations, including abortion clinics, responding to growing concerns that the data could be used to prosecute those seeking reproductive care and other personal services.

Tribune News Service

Citi Remains Unfazed By Enron Collapse Predictor's Bearishness On These Data Center Stocks

Citi analyst Michael Rollins noted data center stocks Equinix, Inc (NASDAQ:EQIX), Digital Realty Trust, Inc (NYSE:DLR), Cyxtera Technologies, Inc (NASDAQ:CYXT) were down an average of >5% on July 1 on reports (including Financial Times) that an investor is "betting against 'legacy' data centers that now face growing competition from the trio of tech giants that have been…

Benzinga

Google Settles Lawsuit With App Developers For Hefty Sum - Key Takeaways

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) agreed to settle a lawsuit with app developers for $90 million. The app developers accused Google of exploiting agreements with smartphone makers, technical barriers, and revenue-sharing deals to close the app ecosystem effectively and shunt most payments through its Google Play billing system with a default service fee of…

Benzinga

Vodafone, Google Come Together To Extend Smartwatch Battery Life

Vodafone Group Plc (NASDAQ: VOD) collaborated with Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google to extend the battery life of

Benzinga

Why Pinterest Shares Are Rising Today

Pinterest Inc (NYSE: PINS) shares are trading higher Wednesday after the company appointed former Alphabet Inc (NASDAQ: GOOG) executive Bill Ready as CEO.

Benzinga

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

CNBC

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

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StockNews.com

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…

Benzinga

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)…

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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

Asharq Al-Awsat

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…

Benzinga

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.…

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