Google will soon offer checking accounts to consumers. The project, code-named Cache, is expected to launch next year with accounts run by Citigroup Inc. and a credit union at Stanford University, a tiny lender in Google’s backyard. Big tech companies… Read More ›
The Fed cut interest rates by 25 basis points on Wednesday — its first cut in more than a decade — citing “global developments” along with “muted inflation” as reasons for easing monetary conditions. However, Chairman Jerome Powell told reporters… Read More ›
(GOOGL) Google, has posted less than brilliant performance this year, its stock drastically underperforming its fellow FAANGs and the S&P 500. That disappointing performance reflects major headwinds facing the company that investors will focus intently on when it reports earnings… Read More ›
Google’s Enemies Are Readying Documents And Data In Anticipation Of Meetings With The Justice Department
As U.S. officials prepare an antitrust probe of Alphabet Inc.’s Google and possibly other Silicon Valley giants, a loose-knit crew of its rivals is gearing up to help. In industries from news to travel to online shopping, competitors of Google… Read More ›
European lawmakers have approved sweeping copyright reforms that could have far-reaching consequences for the business models of tech giants like Google and Facebook. Trade Alphabet – GOOG – Google’s parent company and other subsidiaries in the technology, life science, investment capital and research… Read More ›
Alphabet Inc. revenue grew 22% year over year to $39.3 billion, beating Wall Street’s forecasts. But, as is often the case, what Google spends sometimes overshadows what it makes
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.
Google might be uniquely qualified to make the struggling Snap profitable – if it’s willing to take on all the risks involved.
StockMarketNews.Today – Following its recent tumble into the single digits — the decline kicked off in early August, following disappointing Q2 results and Q3 guidance — Snap Inc.