Tag Archives: Alphabet

A panel of Senate lawmakers aims to grill the top executives of Facebook, Google, and Twitter next month, the latest indication that the controversysurrounding Facebook’s data privacy practices now threatens to envelop the whole of Silicon Valley. The Senate Judiciary Committee’s chairman, Republican Sen. Chuck Grassley, Iowa, on Monday scheduled an April 10 hearing on the “future of data privacy and social media” – and the ... Read More »

Google parent Alphabet on Monday saw shares slide as the market reacted to a massive fine by the European Commission and word that success in mobile, cloud and YouTube is coming with higher costs. Alphabet reported a quarterly profit of $3.5 billion (roughly Rs. 22,532 crores), in a sharp decline from a year ago, with a $2.74 billion antitrust fine in Europe biting into earnings. The technology giant reported ... Read More »

HIGHLIGHTS SoftBank will buy Boston Dynamics and Schaft from Alphabet It did not disclose the terms of the transactions Boston Dynamics was acquired by Google in 2013 Japan’s SoftBank Group Corp said on Friday that a unit of the company will buy two firms that build walking robots from Alphabet Inc, which would add to the group’s growing artificial intelligence ... Read More »

A new court filing from Alphabet claims that Uber hid a key piece of self-driving technology that it allegedly copied from Waymo, the Google parent company’s autonomous vehicle subsidiary. “They were hiding a device,” Alphabet said in a filing today, supporting its motion for a preliminary injunction that would prevent Uber from working on self-driving technology. Uber says it isn’t ... Read More »

David Drummond has a simple explanation for why Alphabet Inc., one of the more acquisitive technology companies, has been sitting on its hands for more than a year. “Have you seen the valuations?” Drummond, the corporate development chief for Google’s parent company, said in an interview after the Alphabet annual shareholder meeting June 8. That’s about to change as stratospheric ... Read More »

David Drummond has a simple explanation for why Alphabet Inc., one of the more acquisitive technology companies, has been sitting on its hands for more than a year. “Have you seen the valuations?” Drummond, the corporate development chief for Google’s parent company, said in an interview after the Alphabet annual shareholder meeting June 8. That’s about to change as stratospheric ... Read More »