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The Latest Breaking News from Ruth Porat

Google unveils another huge AI spending spree - tech giant is splashing out $9 billion in Oklahoma

Google will expand its first data center and build another in Oklahoma as part of a two-year, $9 billion deal.

TechRadar

Pope warns Davos summit that AI could worsen ‘crisis of truth’

Francis says global leaders must exercise close oversight of technology that raises ‘critical concerns’ about humanity’s future

The Guardian - UK

Will New CFO Offer Annual Guidance For Google Stock?

When Alphabet reports Q3 earnings, Wall Street analysts will look for its new Chief Financial Officer, Anat Ashkenazi, to set her priorities.

Investors Business Daily

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Starmer vows bonfire of red tape to get Britain building ahead of investment summit

Sir Keir Starmer is pledging to ‘rip out the bureaucracy that blocks investment’ and ensure regulators prioritise economic growth in their decision-making

The Independent UK

Tesla's Focus On AI And Autonomy Is Certainly Catching Up To It

Sales are down. Supercharger deployments are down. Few new models are in sight. The CEO is focused on AI and robotaxis. Who takes the EV baton now?

InsideEVs

Google CFO Ruth Porat just did her last earnings call—and she had a message about the future of tech

Porat will pivot full-time to her role of chief investment officer at Alphabet and Google.

Fortune

'Other Bets' Startup Mineral Bites The Dust In Google Cost Cutting Move

Alphabet said it's shuttering agricultural startup Mineral, one of its "Other Bets" ventures, in a cost-cutting move for Google stock.

Investors Business Daily

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Alphabet’s next CFO Anat Ashkenazi ‘fills a void’ for the company at key time during AI Revolution, says top analyst

Ashkenazi is a 23-year veteran of Eli Lilly and Company.

Fortune

Google and Alphabet’s new CFO is Eli Lilly’s Anat Ashkenazi

Ashkenazi will have the task of investing in the company’s next wave of growth in the AI era.

Fortune

Alphabet Picks Eli Lilly Executive Anat Ashkenazi As New CFO

Google-parent Alphabet announced that its new chief financial officer will be Anat Ashkenazi, currently an executive at pharmaceutical company Eli Lilly.

Investors Business Daily

Google To Invest Billion In Malaysia For Data Center

Google and Microsoft's investments in Malaysia's cloud infrastructure set to boost economy and job creation, with Google's billion data center and Cloud...

Top News

Google to invest $2 billion in Malaysian data center and cloud hub

Google plans to invest $2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a U.S. tech giant in the Southeast Asian country

The Independent UK

Why CFO turnover at public companies just hit a 3-year high

Part of the reason for the CFO shakeup is more finance chiefs ascending to the top spot.

Fortune

Google lays off more workers and fires protestors in tumultuous week

Google's persistent layoffs, which have been occurring on-and-off since January 2023, have hit at least three teams in the latest round of cuts.

Android Central

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TechRadar

Google cutting more jobs as it restructures teams as part of shift to AI

Layoffs and relocations are affecting more Google workers, and not for the first time this year.

Investors Business Daily

As Alphabet CFO Search Drags On, Google Stock Underperforms Meta, Amazon, Microsoft

Shares in Google-parent Alphabet lagged other Big Tech companies in the first quarter of 2023 amid a lingering search for a new chief financial officer.

International Business Times

30 Most Powerful Women In Business: The Titans Of Industry

Here are the women, who are forging paths and breaking barriers across industries, showcasing exceptional leadership and innovation.

Investors Business Daily

What The Future Holds For Google's Money-Losing Moonshots

Google is tweaking its strategy for its 'Other Bets' which could be good news for GOOGLE stock.

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news in one place.

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Investors Business Daily

Amazon Earnings On Deck. Can AWS Match Growth From Microsoft And Google?

Analysts say Microsoft's and Google's cloud results are a positive sign for Amazon Web Services' fourth-quarter sales.

Android Central

Alphabet's Q4 earnings soar, amid potential layoffs and strategic shifts

Alphabet just dropped its Q4 and fiscal year 2023 earnings report with the emphasis on advancements to AI

Fortune

Microsoft gains $70 billion and Alphabet loses more than twice as much as Satya Nadella steals Sundar Pichai's thunder on AI

Microsoft's market value soared while Alphabet's tumbled after earnings on Tuesday told different stories about their cloud businesses and potential AI might.

Fortune

Meet the CFOs on Fortune’s list of the Most Powerful Women in Business

One hundred women leaders across industries earned a spot on the 2023 list, including several finance chiefs.

Fortune

There are now 63 female CFOs at Fortune Global 500 companies. Here’s the full list

Among the women on the list are two finance chiefs under the age of 40.

Fortune

Companies are coming up short when it comes to CFO succession

Several major companies have announced CFO transitions or departures, but still need to find a permanent successor.

Fortune

Google's CFO search: Ruth Porat is transitioning from finance chief to president and CIO

The company is focused on delivering sustainable value for the long term, Porat said.

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