Alphabet, Google's parent company, sees shares rise after its third-quarter sales growth beats analysts’ estimates
The group's third-quarter sales were $46.2 billion, up 15% from a year ago, compared with the average estimate of $42.9 billion
Company
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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Google hit with anti-trust lawsuit by US Department of Justice
Google handles around 80% of US internet search enquiries
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US stocks close sharply higher after Trump reverses course on coronavirus relief
The Dow Jones Industrial Average had its best day since July, jumping 530 points
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US stocks close mixed as S&P 500 snaps 3-session win streak following Fed decision to keep rates near zero
Members of the Fed’s policymaking committee also indicated the overnight rate could stay near zero through 2023 in order to achieve its 2% inflation goal
Small Bitcoin holdings in a portfolio can have an outsized positive impact on returns, says report
Digital asset firm CoinShares said an allocation of 4% Bitcoin in a traditional balanced portfolio of 60% equities and 40% bonds resulted in an improvement in annualised returns to 18.8% from 9.3%
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Nano-diamond self-charging batteries could disrupt energy as we know it
Nano-diamond self-charging batteries could disrupt energy as we know it This article by Loz Blain for NewAtlast.com may be of interest to subscribers. Here is a section: And it can scale up to electric vehicle sizes and beyond, offering sup
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Zuckerberg Goes Off-Script; Blasts Apple and Google in Testimony
During today’s testimony before a Congressional antitrust panel, Mark Zuckerberg went off-script a little bit -- at least the script we expected -- pointing out how Facebook Inc. lags behind a number of competitors, including Alphabet Inc.,
Hardware & electrical equipment
Google search engine deal with Apple targeted in CMA report
The regulator said Google’s position as the default search engine across most mobile devices limited the ability of rivals to access consumers, adding that it may also disincentivise the tech giant from improving its own services
Google and Facebook under fire as CMA calls for new rules to break tech monopolies
The watchdog highlighted that the two platforms earned around 80% of the £14bn spent on digital advertising in the UK in 2019
Google faces multi-billion dollar lawsuit for monitoring private internet usage
The search engine giant is accused of gathering data through its analytics and ad management applications on users’ browsing activity despite them using Google’s ‘Incognito’ private mode
Shares of Google parent Alphabet fall after-hours on 4Q revenue miss
The search-engine powerhouse reported revenue of $46.08 billion, compared to expectations of $46.94 billion
Hardware & electrical equipment
Google’s parent Alphabet hits US$1 trillion market value
It is the fourth US company to touch this record alongside fellow tech behemoths Apple, Microsoft and Amazon.com
Google’s co-founders step down from CEO and president role at parent Alphabet
Larry Page and Sergey Brin are stepping down with immediate effect but retain their positions as directors and shareholders
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Expedia and TripAdvisor Lead Sharp Sell-Off in Online Travel
According to Piper Jaffray, “the most concerning trend” in the quarter was “the reduced efficiency of SEO,” or search engine optimization. Google, part of Alphabet Inc., is favoring its own “Hotel Finder” platform, along with paid links for
Alphabet shares dip as Google’s owner misses analysts’ expectations, reportedly bids to acquire Fitbit
In the three months ended 30 September, Alphabet recorded revenues of US$40.5bn, up 20% year-on-year, with net income down 23% to US$7bn
Google to spend $3.3B to expand European data centers
The company will invest an additional 600 million euros into its data center in Hamina, Finland next year
The hidden costs of Bitcoin mining
Since 2009, Bitcoin mining has grown into a massive operation involving data centres packed with computer processors and racking up massive electric bills
Hardware & electrical equipment
Facebook unveils new Libra cryptocurrency
The social media giant unveiled the digital currency in a whitepaper on Tuesday, with an official public launch planned for next year
Investments and investor services
FTSE 100 closes higher as trade tensions ease
The UK's index of leading shares finished the first day of the trading week around 46 points higher at 7,378
Hardware & electrical equipment
Apple to replace iTunes with apps as it faces possible antitrust investigation
Tech stocks were hit by reports of potential antitrust probes into Apple, Facebook, Google and Amazon