Page 5 - Alphabet

Alphabet's Google posts record sales as retailers shell out for ads

Google, which generates more revenue from internet advertising than any other company, benefited from lockdowns that drove retail and other clients online

YouTube growing fast, Shorts gets 3.5 bn daily views: Sundar Pichai

Alphabet and Google CEO Sundar Pichai has revealed that videos in the new YouTube Shorts player are receiving 3.5 billion daily views, and the company will bring it to more countries in 2021.

Wall Street climbs ahead of Amazon, Alphabet earnings; stimulus in focus

Ten of the 11 major S&P sectors advanced, with economy linked energy, financial and industrials gaining the most

All eyes on Alphabet's first-ever disclosure of Google Cloud profit

Alphabet will provide a detailed annual breakdown for Cloud going back three years

Not viable: Alphabet closing Loon, a balloon alternative to cell towers

Founded in 2011, Loon aimed to bring connectivity to areas of the world where building cell towers is too expensive or treacherous using balloons the length of tennis courts and solar-powered gear

Investors should rebalance exposure to US-focused funds; don't exit

Profits booked in these funds should be deployed in a diversified EM fund

M-cap of top 7 global tech stocks surged 61% last year, shows data

Apple alone commands a market cap of over $2.2 trillion, which is more than GDP of several countries, such as Brazil, Italy, Canada, and Russia

Owning databases that we help build: Can it end capitalism as we know it?

Sacrificing some more of our freedom to eternal state surveillance could become a deal with a devil we're growing to know only too well

Characteristics of bubbles

There is no reason why the potential bubble in tech stocks will pop anytime soon

Alphabet sales growth back as Google advertising revenue rebounds

Alphabet shares rose 4.4 per cent after ending regular trading at $1,556.88

Be very aware of consequences if Section 230 is tweaked: Sundar Pichai

Section 230 makes it possible for Google to provide access to a wide range of information while responsibly protecting people from harm and keeping their information private, Sundar Pichai has said

Google parent moves to a majority voting approach for directors

Going forward, members of the company's directors will be elected by a majority vote, according to a company filing on Monday. The board approved the decision last week

Facebook, Alphabet bolster S&P 500 as investors await Covid-19 stimulus

Snap Inc surged 26.6% after the Snapchat messaging app owner beat user growth and revenue forecasts, as more people signed up to chat with friends and family during the Covid-19 pandemic

US antitrust case against Google mimics lawsuit that attacked Microsoft

Shares of Google parent Alphabet Inc. rose after the complaint came out as analysts argued getting rid of the payments may save the company money

Four big tech companies under attack, accused of 'monopoly power'

The antitrust subcommittee of the Judiciary Committee recommended that Alphabet's Google, Apple, Amazon.com and Facebook should not both control and compete in related businesses

US expected to sue Google next week as DOJ seeks support from states

The Justice Department has also been investigating Google's "search advertising," the ads that appear under a search box if a person looks up a consumer item like "dishwasher"

Google parent agrees to $310 million sexual misconduct lawsuit settlement

Google's parent company has reached a $310 million settlement in a shareholder lawsuit over its treatment of allegations of executives' sexual misconduct

At $200-billion market capitalisation, Reliance Industries isn't like FAANG

Morgan Stanley analysed how the Mukesh Ambani-led firm stacked up against eight global firms when they crossed the $200-billion milestone

Nasdaq rebounds after tech stocks stabilise, Tesla's shares jump 10.92%

Analysts said the Nasdaq's ability to hold its 50-day moving average, a technical support level, was key in reversing the market's direction.

SoftBank builds $1.2 billion Amazon stake; invests in Netflix, Tesla

Chief Executive Masayoshi Son last week announced a new investment management subsidiary that would park excess cash from a massive asset sale programme in liquid stocks