Google to axe 12,000 jobs as tech sector purge continues
Google owner Alphabet Inc has become the latest tech firm to announce mass job cuts
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Alphabet Inc
NASDAQ:GOOG
Alphabet Inc is a holding company. The company's segments include Google Services, Google Cloud and Other Bets.
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Tech firms face potential crackdown on content after Biden comments
Tech firms could face more liability for content shared on their sites following comments made US Department of Justice lawyers
Google owner Alphabet settles charges of deceptive Pixel 4 adverts
The allegations were settled by the companies, who agreed to pay $9.4 million in penalties, the US regulator said
Google, Apple, Facebook and Twitter may require new UK regulations, says Ofcom
New regulations may require tech firms to be more transparent
Google owner Alphabet facing calls to make aggressive cuts
Alphabet is facing calls by the UK’s highest paid fund manager to "aggressively" cut staff and salaries, amid mass layoffs by other tech companies
Google to pay US$392mln as part of largest-ever privacy settlement
The search company settled an action brought by 40 US states
Google agrees $392M privacy settlement with 40 states
The investigation was sparked by a 2018 Associated Press story, which found that Google continued to track people’s location data even after they opted out of such tracking by disabling a feature the company called “location history.”
Renault to spin off EV arm Ampere, deepens partnerships with Google and Geely
A new 50-50 joint venture with China’s Geely will focus the group's hybrid and petrol-driven engines, while the work with Google concentrate on the 'software defined vehicle'
Google fined by Indian regulator second time in a week
Google faces a new £98mln fine from the Competition Commission of India
US markets lose their early shine as tech giants send Nasdaq down 2%
At the close the DJIA was up 3 points at 31,840, the S&P 500 was down 28 points, or 0.74%, at 3,831 and the Nasdaq Composite slipped 228 points, or 2.04%, to 10,971.
Alphabet misses top and bottom line on 3Q earnings, citing slowdown in YouTube advertising
Alphabet reported revenue of US$69.09 billion for the quarter ended September 30 and earnings per share of US$1.06
Alphabet’s strong cash position puts Google parent on firm third-quarter footing
But a mix of forex headwinds, capex and litigation costs could hit bottom line
Google fined by India over anti-competitive practices
Google has been fined $162mln for anticompetitive practices by the Competition Commission of India
Investments and investor services
Alphabet-owned Waymo plans to expand its self-driving ride-hailing service to Los Angeles - report
“When we think about our next cities, Los Angeles jumps out,” said Waymo’s co-CEO Tekedra Mawakana in a blog post on Wednesday, CNBC reported
Alphabet owned YouTube to give Shorts creators 45% of advertising sales in challenge to TikTok
In April 2022, YouTube created a $100 million fund to entice creators to make the bite-sized Shorts videos in its bid to hang onto talent
Google hit by largest ever fine, adding to its litany of legal losses
EU antitrust regulator ruled that the company behaved anti-competitively by pre-installing its search engine and chrome apps on handsets