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The Latest Breaking News from Alphabet

Think Chevron's Profit Was Obscene? 5 Companies Will Blow It Away

Chevron's giant $36.5 billion 2022 profit turned heads — including at the White House. But plenty of S&P 500 companies will make even more than the oil giant.

Investors Business Daily

Google Stock: YouTube Expected To Be Drag On Earnings Amid Apple, TikTok Woes

When Google reports fourth-quarter earnings on Feb. 2, YouTube's slowing ad revenue growth is expected to be a weak spot.

Investors Business Daily

Why has Alphabet hit the panic button? Only Google can answer that question

The economic downturn, US lawsuits and the fear of rising tech rivals could be reasons for the firm’s 'code red” alert, but it still has an AI ace up its sleeve

The Guardian - UK

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'There was no humanity': The cruelty of tech layoffs leaves employees emotionally devastated

In an industry that thrives on cold efficiency, a little humanity can go a long way.

Fortune

Editorial: We’re feeling lucky: Google antitrust lawsuit can set precedent for tech monopolies

It’s not every day that the federal government and states as varied as Tennessee and New York find themselves on the same side of a legal dispute, but these were joined by New Jersey, Virginia, Colorado, California, Rhode Island and Connecticut yesterday in filing suit against Google parent company Alphabet…

Tribune News Service

The government is ganging up on Google. Why it might finally win this time

Federal and state officials from both sides of the aisle are taking aim at the Alphabet unit’s power over the ad market.

Fortune

How To Read Stock Charts: Alphabet Stock Surged More Than 63% After Breaking Out Past This Bullish Pattern

The flat base is one of the bullish patterns commonly formed by top stocks before they make outstanding runs.

Investors Business Daily

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DOJ Antitrust Suit Seeks To End Google Ad Dominance. The Market Is Already Taking Care of That.

Plus: Journalism versus qualified immunity, Mississippi bill would end civil asset forfeiture, and more...

Reason

Massage therapists at Google HQ are among those who have lost their jobs

Those left working at Google's headquarters in Mountain View may struggle to book in an in-house massage following cuts to the service.

Fortune

US sues Google to break up ad unit in escalating antitrust fight

The U.S. Justice Department and eight states sued Alphabet Inc.’s Google, calling for the break up of the search giant’s ad-technology business over alleged illegal monopolization of the digital advertising market.

Tribune News Service

US sues Google to break up ad unit in heated antitrust fight

Tribune News Service

US sues Google to break up ad unit in escalating antitrust fight

Tribune News Service

Microsoft, Alphabet Cry Poor Right Before Making $32.8 Billion

It might seem like giant tech S&P 500 companies are in dire straits. But they're on the verge of making billions — in just one quarter.

Investors Business Daily

Former Google employee's videos show shift from free office snacks to tears and layoffs

Google employees went from in-office perks to being randomly laid off by email in what she described as a "really bad game of Russian roulette."

Fortune

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Fortune

Rishi Sunak's old hedge fund boss wants Alphabet to lay off more staff and slash pay

Alphabet is already planning to reduce its workforce by around 6%, but the U.K. Prime Minister's old boss at TCI Fund Management wants Sundar Pichai to go further.

Evening Standard

Why is Google laying off 12,000 staff?

The company will let go 6 per cent of its workforce.

Fortune

Big tech is crowing about A.I. as it lays off tens of thousands of workers

Microsoft is letting go of 10,000 workers while CEO Satya Nadella tells Davos, "A golden age of A.I. is underway."

Fortune

Alphabet’s layoff notice shows Microsoft and OpenAI are getting under the Google parent’s skin

The search giant used its layoff announcement to foreshadow the coming release of A.I.-powered products.

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Fortune

Google employees allowed to work from home after Alphabet layoffs

Sundar Pichai said Alphabet plans to support the employees leaving the company as they look for new jobs.

Investors Business Daily

Stock Market Rally Pulls Back; Microsoft, Google Slash Jobs; Netflix, Goldman, Tesla In Focus: Weekly Review

The major indexes retreated, but pared weekly losses, especially the Nasdaq. Microsoft and Google are slashing jobs. Netflix and Tesla jumped.

The Independent UK

Google announces mass layoffs amid tech slump. Read the CEO’s full memo on the cuts

More than 50,000 workers at big tech firms have lost their jobs in recent months

Axios

A tale of two job markets

Layoffs signal trouble ahead, yet other key indicators show an economy that's chugging along.

The Independent UK

Google announces ‘difficult news’ as it fires 12,000 staff

Staff cuts follow similarly vast reductions at Microsoft, Amazon and Meta

Tribune News Service

Google to cut 12,000 jobs in 6% reduction of global workforce

Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring.

Dynamite News

Google Slashes 12,000 Jobs In Latest Round Of Big Tech Layoffs

Google and Alphabet CEO Sundar Pichai has announced that the American tech giant is cutting approximately 12,000 jobs, which is around 6 per cent of its global workforce. Read on for details:

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People

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