A landmark lawsuit by the U.S. Justice Department against Alphabet’s Google over its dominance of advertising technology could help rivals and websites that sell ad space, but leaves an uncertain future for the advertisers themselves, experts told Reuters. The Justice Department’s complaint against Google on Tuesday called for the company to divest Google Ad Manager, […]
Alphabet Inc.
The U.S. Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley’s most successful internet companies. The government said Google should be forced to sell its ad manager suite, tackling a business that generated about 12 […]
Google’s parent Alphabet Inc is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook. Alphabet, whose shares rose 3% in pre-market trading, is making the cuts just as the U.S. company confronts a threat to its long-held perch atop the […]
Alphabet’s Google said on Friday it will appeal the Indian antitrust watchdog’s ruling that ordered the tech giant to change its approach to its Android platform and imposed a fine of $162 million for anti-competitive practices. The Competition Commission of India (CCI) had said in October that Google leveraged its dominant position in markets such […]
Google-parent Alphabet Inc said on Wednesday it had approved a new equity award for Chief Executive Officer Sundar Pichai that ties more of his pay to performance. The board recognizes Pichai’s “strong performance” as CEO, the company said, adding that the vesting of a significant portion of the award would depend on Alphabet’s total shareholder […]
Alphabet Inc’s Google has struck at least 24 deals with big app developers to stop them from competing with its Play Store, including an agreement to pay Activision Blizzard Inc about $360 million over three years, according to a court filing on Thursday. Google also agreed in 2020 to pay Tencent Holdings Ltd’s Riot Games […]
Alphabet Inc’s Google said on Tuesday it would buy about three-quarters of the renewable power from SB Energy Global’s Texas facilities, as it aims to operate data centers on carbon-free energy by 2030. Companies are rapidly shifting toward clean energy and transportation as they look to meet environmental and sustainability goals. The $430-billion Inflation Reduction […]
After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq slid to 0.26 last week, its level lowest […]
Alphabet unit Google could face EU antitrust charges next year over its digital advertising business, putting the company at risk of its fourth fine in the EU of more than a billion euros, people familiar with the matter said on Thursday. Google’s ad business, which generated over $100 billion in sales last year, is Alphabet’s […]
Android and Linux are two moguls of the software universe. Android is widely used on smartphones across all budget levels. While the Google acquired entity of Android seems to single-handedly operate the majority of smartphones today, the software driving it is a Linux-based software. Android is based on Linux for the following reason, flexibility. Linux […]