Alphabet Inc., parent company of the Internet search giant, reported mostly strong fourth-quarter results Monday afternoon. Revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. That was driven by yet another quarter of 20% growth for the company’s colossal advertising business, which now generates more than $116 billion in revenue annually.
Alphabet Inc.’s Google has developed artificial intelligence that can detect a condition that causes blindness in diabetic patients
Google is the latest tech firm to explore using AI in health care. Amazon.com Inc., International Business Machines Corp. and UnitedHealth Group Inc. sell software that mines patients’ records, and IBM developed AI that detects melanoma on images of skin.
Alphabet’s self-driving car unit could book $114 billion in revenue in 2030, according to a base-case estimate from investment bank UBS
Waymo’s first commercial pilot may be small, but Wall Street has big projections for the company’s financial future. UBS pegs Waymo’s value at between $25 billion and $135 billion.
Google will verify the identities of people placing political adverts through its services around the time of the European Parliament elections in May 2019
The new vetting steps for political adverts come as large technology businesses including Google and Facebook have come under criticism for their role in allowing Russian election meddling and fake news stories to spread online.
The future of Google News in Europe could be uncertain if European Union plans for a “link tax” for using news stories go ahead
Google warns its news site could shut down in Europe if a new ‘link tax’ goes ahead