Tag: $Alphabet

China launches limited tariffs after Trump imposes sweeping new levies

China imposed targeted tariffs on American imports on Tuesday and put several U.S. companies, including Google, on notice for possible sanctions, in a measured response to the sweeping duties on Chinese imports imposed by President Donald Trump.

Google invests further $1bn in OpenAI rival Anthropic

Google is making a fresh investment of more than $1bn into OpenAI rival Anthropic, boosting its position in the start-up as Silicon Valley titans rush to develop cutting-edge artificial intelligence systems.

Feds ask judge to force Google to sell Chrome as part of monopoly punishment

U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade.

Alphabet Stock Rises on Earnings Beat. Google Is Still the Search Tool of Choice.

Alphabet reported third-quarter earnings and revenue that beat Wall Street estimates, sending the stock higher.

Google orders small modular nuclear reactors for its data centres

Tech group signs deal with Kairos Power to build up to 7 small facilities to meet its energy needs

DOJ indicates it’s considering Google breakup following monopoly ruling

The Department of Justice late Tuesday made recommendations for Google’s search engine business practices, indicating that it was considering a possible breakup of the tech giant as an antitrust remedy.

Google Says It Will Appeal Ruling Allowing Rival App Stores on Android Devices

Shares of Alphabet, the parent company of Google, fell Monday after a federal judge ordered it to allow users to bypass the Google Play Store when downloading and purchasing apps on Android devices.

Google files EU antitrust complaint accusing Microsoft of stifling cloud competition

Google filed an antitrust complaint with the European Commission Wednesday accusing Microsoft of using unfair licensing contracts to stifle competition in the multibillion-dollar cloud computing industry.

Google wins court challenge to the EU’s $1.7 billion antitrust fine over ad product

The European Union’s second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) fine imposed on Google
by regulators should be annulled, siding with the U.S. tech giant after it challenged the ruling.

US Considers a Rare Antitrust Move: Breaking Up Google

A bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations

Alphabet meets earnings expectations but misses on YouTube ad revenue

Google parent company Alphabet reported second-quarter results after the bell Tuesday that were in-line with analyst estimates on revenue and earnings, but missed on YouTube advertising revenue.

Wiz Rejects Google’s $23 Billion Offer, Seeks IPO Instead

Cybersecurity startup Wiz Inc. has turned down a takeover bid of as much as $23 billion from Alphabet Inc.’s Google, sticking instead with a plan for an initial public offering.

Google parent announces first-ever dividend; beats on sales, profit; shares soar

Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.

Google Launches AI Video-Creation Tool Google Vids

Google this morning introduced a new artificial-intelligence-powered video-creation tool called Google Vids, targeted at making it easier for marketing and advertising pros to write, produce and edit videos.

EU launches probe into Meta, Apple and Alphabet under sweeping new tech law

The European Union on Monday opened an investigation into Apple, Alphabet and Meta, in its first probe under the sweeping new Digital Markets Act tech legislation.

Alphabet and Apple Stocks Rise on Report of Talks About AI for iPhones. What to Know

Apple has been holding discussions with Google over a deal to use the Gemini artificial intelligence engine in the iPhone, Bloomberg reported.

Google pauses Gemini AI image generator after it created inaccurate historical pictures

Google on Thursday said it is pausing its Gemini artificial intelligence image generation feature after saying it offers “inaccuracies” in historical pictures.

HSBC partners with Google to hit $1 bln climate tech finance goal

 Britain’s biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world’s most promising solutions to global climate change, executives from both firms told Reuters.

Google rebrands Bard AI to Gemini and launches a new app and subscription

Google on Thursday announced a major rebrand of Bard, its AI chatbot and assistant, including a fresh app rollout and new usage and subscription options.

Investors punish Microsoft, Alphabet as AI returns fall short of lofty expectations

 Tech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge features irked investors hoping for a big boost to sales from the new technology.