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The Latest Breaking News from Alphabet Inc

Google To Invest $9.5B Across US Offices, Data Centers

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google looks to invest $9.5 billion across its U.S. offices and data centers in 2022. In 2021, Google looked to invest $7 billion in the initiative. Google will open a new office in Atlanta in 2022 and expand its data center in Storey County, Nevada. The investment aims to create at…

Benzinga

Microsoft Allegedly Exploited Its Influence To Gain Edge Over Amazon, Google, Alibaba: Bloomberg

Some Microsoft Corp (NASDAQ:MSFT) customers and rivals alleged that Microsoft repeatedly used its leverage over one market to hinder competition in another, Bloomberg reports. Microsoft’s practices cut across cloud computing, where it played catch-up, and productivity software, where it dominated. The Windows operating system held a 96% share of the personal-computer market in 2021,…

Benzinga

Ditch Apple, Google And Buy Shares In These Sectors Instead, Says Cramer

Investors should shun FAANG and Big Tech stocks such as Apple Inc (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) and turn to value

Benzinga

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Michael Grimm Purchases $5.66 Million Worth Of Energy Transfer & Other Notable Insider Buys

Natural gas prices were range bound for the better part of the last decade, oscillating between $2 and $4 per million British thermal units (MMBtu) with the occasional spike outside that tight range.

Benzinga

Blocked: YouTube Terminates Russia's House Of Parliament Channel

Alphabet Inc's (NASDAQ: GOOGL) YouTube has terminated the platform's state-operated Russian channel Duma TV amid the ongoing war in Ukraine, citing a violation of terms and services.

Benzinga

YouTube Blocks Russian Parliament Channel, Drawing Ire from Officials

YouTube has blocked Duma TV which broadcasts from Russia's lower house of parliament, drawing an angry response from officials who said the world's most popular streaming service could face restrictions in response. On Saturday, a message on YouTube said the Duma channel had been "terminated for a violation of YouTube's…

Asharq Al-Awsat

Google poised to dodge sanctions in records-hiding row with US

Alphabet Inc.’s Google is poised to dodge court sanctions after it was called out by the Justice Department for hiding documents from government lawyers.

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Fastly Shares Pop On Takeover Speculation

Fastly Inc (NYSE:FSLY) is surging on a speculative rumor that it could be a takeover target by Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL). A company like Google could acquire Fastly to improve its content delivery network, the Deal.com reported. Fastly operated a content delivery network to help entities provide faster and more reliable online content. Fastly reported…

Benzinga

Like Tesla, Toyota Motor Looks To Develop Autonomous Driving Tech With Cheaper Cameras

Toyota Motor Corp (NYSE:TM) unit Woven Planet is promoting autonomous driving technology without expensive sensors like lidars, Reuters reports. Woven Planet used cameras that are 90% cheaper than sensors and conveniently installed in passenger car fleets, which could help drive down costs and scale up the technology. Toyota would still use multiple…

Benzinga

Dell, HP Shares Hit By Growth Concerns: Bloomberg

Investors are souring on Dell Technologies Inc (NYSE:D), HP Inc (NYSE:HPQ), and Hewlett Packard Enterprise Co (NYSE:HPE) on concern that surging inflation will curb consumer spending, Bloomberg reports. The report notes the Federal Reserve's effort to dampen those price increases is likely to crimp the economy in the coming months, further denting sales. Related: Here's Why Morgan Stanley…

Benzinga

Boeing Partners With Microsoft, Amazon, Google For Cloud Services

Boeing Co (NYSE:BA) is deepening its strategic relationship with Microsoft Corp. (NASDAQ:MSFT) to drive its digital transformation. Boeing will use the Microsoft Cloud and its AI capabilities to upgrade its technology infrastructure and mission-critical applications with intelligent new data-driven solutions, opening up new ways of working, operating, and conducting business. Boeing also expanded its relationship with Amazon.com, Inc. (NASDAQ:AMZN)…

Benzinga

Google Backed VerSe Commands $5B Valuation After Latest Funding Round: Reuters

India's VerSe Innovation has raised $805 million in a funding round led by Canada's top pension fund. The funding has put a $5 billion valuation on the Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google-backed parent of short-video app Josh and news aggregator Dailyhunt, Reuters reports. Josh, which has more than 150 million monthly active users, competes in…

Benzinga

Jack Ma, Warren Buffett Backed Paytm Looks To Breakeven Soon: Bloomberg

Paytm, backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) and Alibaba Group Holding Ltd's (NYSE:BABA) fintech affiliate Ant Group, looks to break even on an operating basis over the next year-and-a-half, Bloomberg reports. The Indian digital payments pioneer doubled its gross merchandise value to $34.3 billion in the March quarter. Paytm looks to become profitable in…

Benzinga

EU Introduces Regulatory Fee For Big Online Platforms

Major online platforms will face a fee of up to 0.1% of annual net income to cover the costs of monitoring compliance with new European Union rules, Reuters reports. The EU countries and lawmakers would likely settle the Digital Services Act (DSA) rules later this month. The overall amount of the…

Benzinga

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Benzinga

Alphabet And 2 Other Stocks Insiders Are Selling

Although the Nasdaq Composite dropped around 2% on Tuesday, there were a few notable insider trades.

Benzinga

Former DeepMind Officials Get Together To Develop AI For Stock and Crypto Picking

Martin Schmid, Rudolf Kadlec, and Matej Moravcik left Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL)-owned DeepMind in January to set up EquiLibre Technologies, CNBC reports. The trio seek to develop artificial intelligence for stock and crypto picking. They look to use reinforcement learning to train an AI system to buy and sell shares and make a…

Benzinga

Trump's Social Media Venture Abruptly Loses Key Officials; Sparks Concerns

Tech chief Josh Adams and product development chief Billy Boozer have resigned from former President Donald Trump's 'Truth Social' in less than a year, Reuters reports. Sources said, "If Josh has left… all bets are off," calling him the "brains" behind Truth Social's technology. Boozer also had a significant leadership role…

Benzinga

Goldman Sachs Turns Bullish On Leslie's - Read Why

Goldman Sachs analyst Kate McShane upgraded Leslie’s Inc (NASDAQ:LESL) to Buy from Neutral with a price target of $27, up from $26, implying a 29.4% upside. McShane predicts the sales growth to continue, given the maintenance of a larger pool base, management execution in Pro and acquisitions, and a lift from solid migration trends. The…

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Benzinga

US Big Tech Continue To Raise Global Regulatory Concerns

The House Oversight Committee on Friday launched an investigation into Amazon.com Inc's (NASDAQ:AMZN) labor practices, CNBC reports. The House demanded information about a deadly warehouse collapse in Illinois in 2021 as a tornado hit the warehouse, killing six workers. The workers had alleged inadequate safety protocols for severe weather events. The Competition Commission…

Benzinga

Read About Apple's Latest Subscription Offering As It Looks To Reduce Dependence On Devices

Apple Inc (NASDAQ:AAPL) launched Apple Business Essentials, a new program for businesses to set up, manage and install software on workers' iPhones, iPads, and Macs. The product is aimed at smaller customers, primarily those without dedicated IT departments. It comes at a monthly price of $2.99 to $24.99 per worker. The product enables…

Benzinga

How Is The Market Feeling About Google - Class C Capital Stock?

Alphabet Inc - Class C Capital Stock's (NASDAQ:GOOG) short percent of float has risen 4.92% since its last report. The company recently reported that it has 1.77 million shares sold short, which is 0.64% of all regular shares that are available for trading.

Benzinga

Disney Roped In Google Veteran As Streaming CTO

The Walt Disney Co (NYSE:DIS) roped in Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google veteran Jeremy Doig as the new CTO of its streaming organization, Variety reports. Disney Streaming, a part of Disney Media & Entertainment Distribution, helps to monetize content from Disney’s studios and networks. From April, Doig would lead the global technology teams that…

Benzinga

Global Regulators Continue To Penalize Big Tech Over Antitrust Concerns

The Paris Commercial Court penalized Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google by €2 million ($2.2 million) over abusive practices toward its app store developers, Bloomberg reports. The Court ordered Google to change seven clauses from its contracts dating back to 2015 and 2016, including a 30% commission on developer revenue on the Google Play…

Asharq Al-Awsat

Russians Plan to Launch Alternative to Google Play on Victory Day

Russian tech developers are building an alternative to Alphabet Inc's Google Play store and plan to launch it on May 9, a national holiday in Russia that celebrates victory in World War Two, the organization behind the initiative said on Tuesday. YouTube and Google Play this month suspended all payment-based…

Benzinga

Researchers Accuse Russia's Yandex Of Breach Of User Privacy

Researchers alleged that Russian internet company Yandex NV (NASDAQ:YNDX) had embedded code into apps found on mobile devices that help to transmit user information to Russian servers, the Financial Times reports. Yandex's software helped developers create apps for devices running Apple Inc's (NASDAQ:AAPL) iOS and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google's Android, systems that ran the vast majority…

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