Business > Google

Google owner Alphabet becomes trillion-dollar company

1 month ago   |   By The Independent

Search giant's shares surge thanks to continued dominance of online ads business as well as strong position in AI, machine learning and cloud computing
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Alphabet is now a trillion-dollar company

Alphabet is now a trillion-dollar company

1 month ago   |   By TechRadar

Google's parent company Alphabet has reached a market capitalisation of a trillion dollars, becoming only the fourth tech firm to do so. The company follows in the footsteps of Apple, Amazon and Microsoft, all of which have reached the milestone in the past 18 months. Apple became the first company to hit the landmark valuation in August 2018. Alphabet is expected to report fourth-quarter earnings on February 3rd, with analysts anticipating a reported revenue of $46.9 billion. This would represent an increase of nearly 20 percent year-on-year.
Google will begin phasing out support for...
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Google owner Alphabet becomes trillion-dollar company

1 month ago   |   By The Guardian

Tech giant is the fourth US firm to achieve the valuation - after Microsoft, Apple and Amazon Google's owner Alphabet has become a trillion-dollar company for the first time , making it only the fourth US firm to reach the bumper valuation. Alphabet's value, based on the price of its Wall Street-listed shares, passed $1tn in the final minutes of trading on Thursday night, with shares closing at a record high of $1,450.16 each.
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Google's parent company is shutting down power-generating kite subsidiary...

Google's parent company is shutting down power-generating kite subsidiary Makani: 'The road to commercialization is longer and riskier than hoped'

Alphabet is shutting down Makani, its power-generating kite subsidiary, a blog post from Makani CEO Fort Felker announced Tuesday. "This doesn't mean the end of the road for... Read more ...

Billionaire investor Leon Cooperman ramps up his criticism of Bernie...

Billionaire investor Leon Cooperman ramps up his criticism of Bernie Sanders, calling him a 'bigger threat' to the stock market than coronavirus

Billionaire investor Leon Cooperman ripped into Sanders, saying he was "a bigger threat" to the stock market compared to the coronavirus, which has killed over 1,875 people in... Read more ...

Samsung's $1,380 Galaxy Z Flip is without a doubt a better foldable...

Samsung's $1,380 Galaxy Z Flip is without a doubt a better foldable smartphone than Motorola's $1,500 Razr for 8 big reasons

Motorola's new Razr foldable smartphone received positive attention, even with its high $1,500 price tag. But Samsung dented Motorola's buzz when it announced the $1,380 Galaxy... Read more ...

Uber 'whistleblower' Susan Fowler: New hires were told not to date Travis...

Uber 'whistleblower' Susan Fowler: New hires were told not to date Travis Kalanick

In February 2017, Susan Fowler wrote a blog post describing a culture of sexual harassment at Uber . Her blog post kicked off an investigation into the culture at the... Read more ...

Mike Bloomberg's new plan to crack down on Wall Street echoes those of...

Mike Bloomberg's new plan to crack down on Wall Street echoes those of Bernie Sanders and AOC

Bloomberg rolled out a plan to crack down on Wall Street that mirrors proposals from Sanders and AOC, notably the inclusion of a financial transactions tax. It calls for... Read more ...

Climate activists accuse Jeff Bezos of hypocrisy over his $10 billion...

Climate activists accuse Jeff Bezos of hypocrisy over his $10 billion environment pledge because Amazon works with oil and gas firms

Climate activists accused Amazon CEO Jeff Bezos of hypocrisy after he pledged $10 billion on Monday to address climate change. Bezos said he would give $10 billion - around 8%... Read more ...

SoftBank backed Tridge's vision for an ethical online farmers' market. We...

SoftBank backed Tridge's vision for an ethical online farmers' market. We got an exclusive look at its pitch deck

Tridge is an online marketplace connecting farmers using ethical methods with buyers around the world. The Seoul-based startup, founded by Hoshik Shin in 2015, has been backed... Read more ...

Marshall Monitor II ANC review: Noise cancelling comes to Marshall's premium...

Marshall Monitor II ANC review: Noise cancelling comes to Marshall's premium cans

Marshall's brand is one of those that needs little introduction. Non-audiophiles and sound experts alike can recognise their logo and world-famous amps without prompting. That... Read more ...

Franklin Resources and Legg Mason shares surge as firms announce they will...

Franklin Resources and Legg Mason shares surge as firms announce they will combine into a $1.5 trillion asset manager

Franklin Resources will buy Legg Mason, a rival asset manager, in a $4.5 billion all-cash deal. Shares of both companies jumped on the news, with Legg Mason rising as much as... Read more ...

Global stocks tank after Apple warns Wuhan coronavirus is hammering sales

Global stocks tank after Apple warns Wuhan coronavirus is hammering sales

Stocks tumbled on Tuesday after Apple warned Wuhan coronavirus is hitting sales. The iPhone maker doesn't expect to hit its quarterly revenue target as the outbreak is... Read more ...