Published on: 2025-06-09 07:35:58
It has become a common refrain during Google's antitrust saga: What happened to "don't be evil?" Google's unofficial motto has haunted it as it has grown ever larger, but a shareholder lawsuit sought to rein in some of the company's excesses. And it might be working. The plaintiffs in the case have reached a settlement with Google parent company Alphabet, which will spend a boatload of cash on "comprehensive" reforms. The goal is to steer Google away from the kind of anticompetitive practices th
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Find related items on AmazonPublished on: 2025-06-10 12:56:36
Google is still waiting to hear how it will have to address its monopoly in the search engine business — it plans to appeal the judgement — but in the meantime, it also has to answer to its shareholders. According to a report from The Financial Times, Google's parent company Alphabet has reached a preliminary settlement with shareholders who were also suing the company for allowing Google's anticompetitive behavior, which they believe exposed the company to "reputational damage" and "substantial
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Find related items on AmazonPublished on: 2025-08-08 00:02:39
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. Alphabet 's stock gained 1.7% on Friday after signaling strong growth in its search and advertising businesses amid a competitive artificial intelligence environment and uncertain macro backdrop. "GOOGL's pace of GenAI product roll-out is accelerating with multiple encouraging signals," wrote Morgan Stanley's Brian Nowak. "Macro uncertainty still exists but we remain [overweigh
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Find related items on AmazonPublished on: 2025-08-08 20:53:00
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. Alphabet 's stock gained 2% on Friday after signaling strong growth in its search and advertising businesses amid a competitive artificial intelligence environment and uncertain macro backdrop. "GOOGL's pace of GenAI product roll-out is accelerating with multiple encouraging signals," wrote Morgan Stanley's Brian Nowak. "Macro uncertainty still exists but we remain [overweight]
Keywords: 81 alphabet billion share year
Find related items on AmazonPublished on: 2025-08-09 04:45:29
Adjusted earnings, excluding that gain, were $2.27 per share, according to LSEG, and topped analyst expectations. Net income rose 46% to $34.54 billion, or $2.81 per share. That's up from $23.66 billion, or $1.89 per share, in the year-ago period. Alphabet said the figure included $8 billion in unrealized gains on its nonmarketable equity securities connected to its investment in a private company. The search giant posted earnings of $2.81 per share on $90.23 billion in revenues. That topped t
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Find related items on AmazonPublished on: 2025-08-09 15:50:49
Alphabet and Google CEO Sundar Pichai meets with Polish Prime Minister Donald Tusk at Google for Startups in Warsaw, Poland, on February 13, 2025. President Donald Trump's trade policies will have a negative impact on Google parent Alphabet 's core advertising business, an executive from the company said Thursday. Alphabet, which reported stronger-than-expected revenue in its first quarter of the year, faces an online ads market that's on edge due to concerns about how Trump's tariffs will aff
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Find related items on AmazonPublished on: 2025-08-10 08:57:51
Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building in Washington, D.C., on Dec. 11, 2018. Alphabet , the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell. Shares rose 4% in after-hours trading. Here's how the company did, compared with estimates from analysts polled by LSEG: Revenue: $90.23 billion vs. $89.12 billion, estimated $90.23 billion vs. $89.12 billion, esti
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Find related items on AmazonPublished on: 2025-09-07 04:36:41
Technology stocks gyrated Tuesday, pulling back from session highs as an earlier market rally showed signed of fading. The tech-heavy Nasdaq was flat, erasing an earlier gain of 4.6% at its highs. Apple was nearly 3% lower. Meta Platforms , Alphabet , Amazon were all lower Tesla , while Microsoft hovered near the flatline. Nvidia held on to modest gains. The sector is coming off a wild trading session after speculation that the White House could potentially delay tariffs due to volatile swings
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Find related items on AmazonPublished on: 2025-10-08 19:15:59
Google is breaking European antitrust laws by favoring its own Shopping, Hotels, and Flights search services over rival comparison providers, according to the European Commission. The EU announced in its preliminary ruling today that Google’s parent company, Alphabet, had also violated anti-steering rules under the Digital Markets Act (DMA) by preventing app developers on its Play Store from steering customers to other distribution channels. Google can challenge the preliminary charges or make
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Find related items on AmazonPublished on: 2025-10-08 23:16:49
A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024. European Union regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald Trump threatens to hit the bloc with tariffs for alleged "overseas extortion" of America's tech giants. The European Commission, which is the executive body of the EU, said Wednesday that it found Google parent company
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Find related items on AmazonPublished on: 2025-10-13 15:46:53
Alphabet is letting its laser-based internet company Taara fly and be free, according to reporting by Financial Times. Google’s parent company is spinning off the service from X, its moonshot incubator system (not to be confused with X the social network.) Taara uses light beams to provide high-bandwidth internet and phone services to hard-to-reach areas of the world. This places it in direct competition with Elon Musk’s Starlink network of satellites. Taara now has two dozen staff members and
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Find related items on AmazonPublished on: 2025-10-13 23:27:08
Alphabet is spinning out laser-based Internet company Taara from its “moonshot” incubator, hoping to turbocharge the start-up that provides high-bandwidth services to hard-to-reach areas in competition with Elon Musk’s Starlink network of satellites. Taara is the latest project to spring from X—Alphabet’s experimental hub that produced AI lab Google Brain and Waymo’s self-driving cars—and has its origins in a concept called Loon. That envisaged shooting beams of light between thousands of ballo
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Find related items on AmazonPublished on: 2025-10-14 10:44:55
Light-based internet project Taara is exiting Alphabet’s “moonshot” incubator X, spinning off into an independent company. Taara’s tech uses lasers to transmit data, and is envisaged as a rival to Elon Musk’s Starlink when it comes to connecting rural areas to the internet. The Financial Times reports that Alphabet will retain a minority stake in Taara, which has also secured funding from Series X Capital. The company currently has two dozen employees and operates in 12 countries, working on ev
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