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With no DOJ breakup, Alphabet becomes a $3 trillion company

techcrunch.com Julie Bort 2025-09-23 19:23:14

In Brief Alphabet hit just over $3 trillion dollars in market cap on Monday as investors continue to reward it after a federal judge declined to break the company up. On Sept. 2, U.S. District Court Judge Amit P. Mehta outlined softer-than-feared remedies for his year-ago ruling that Google maintained an illegal monopoly in search. The DOJ had proposed stronger remedies, including that Alphabet-owned Google be forced to sell Chrome. Tech companies like Perplexity and Ecosia lined up with unsol

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Alphabet's Verily closes its medical device division and lays off staff

engadget.com Unknown 2025-10-24 15:00:09

Alphabet's Verily was one of the company's star "moonshot" businesses, with its research delving into areas ranging from connected diabetes therapies to robot surgery. Now, Verily has shuttered its medical device division and laid off staff, the company announced in a memo seen by Business Insider. The number of employees who lost their jobs was not revealed. "We have made the difficult decision to discontinue manufacturing medical devices and will no longer be supporting them going forward," a

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Verily is closing its medical device program as Alphabet shifts more resources to AI

techcrunch.com Connie Loizos 2025-10-24 18:14:19

In Brief Alphabet’s life sciences arm Verily laid off staff and eliminated its entire devices program Monday. CEO Stephen Gillett announced the “difficult decision” to wind down the program in a staff memo, according to Business Insider. “Over the years, Verily has built a legacy in developing world-class, innovative medical devices,” Gillett wrote, noting that the “path forward requires difficult decisions” as Verily refocuses on AI and data infrastructure. The move continues Alphabet’s agg

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Perplexity AI’s $34.5 billion bid for Chrome underscores Google's hurdles ahead of IPO anniversary

cnbc.com Jennifer Elias Mackenzie Sigalos 2025-11-15 00:39:34

In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during a visit to the Google for Startups campus in Warsaw, Poland, on Thursday, Feb. 13, 2025. The EU has established a reputation globally for its aggressive regulation of major technology companies, including the likes of Apple and Google over antitrust concerns. Photographer: Damian Lemanski/Bloomberg via Getty Images Damian Lemanski | Bloomberg | Getty Images Perp

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Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

cnbc.com Jennifer Elias Mackenzie Sigalos 2025-11-16 20:41:46

In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during a visit to the Google for Startups campus in Warsaw, Poland, on Thursday, Feb. 13, 2025. The EU has established a reputation globally for its aggressive regulation of major technology companies, including the likes of Apple and Google over antitrust concerns. Photographer: Damian Lemanski/Bloomberg via Getty Images Damian Lemanski | Bloomberg | Getty Images Perp

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Google’s CEO says ‘AI is positively impacting every part of the business’

theverge.com Jay Peters 2025-12-27 20:34:55

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Google is all-in on AI, and based on the company’s latest quarterly earnings, AI has been good for its bottom line. In a press release for Alphabet’s Q2 2025 earnings, CEO Sundar Pichai says that “AI is positively impacting every part of the business” and that features like AI Overviews and AI Mode are “performing well.” The company is also planning to increase its planned ca

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