Google's parent company Alphabet has no "masterplan" to save massive sets of data that will be generated from its self-driving cars, a top company executive has said. According to John Krafcik, CEO of Waymo which is the driverless car division of Alphabet, the company will not harvest data from its fleet of autonomous vehicles, The
Analysts from financial services firm Morgan Stanley have predicted that Microsoft will reach $1 trillion in market value within a year. In a new report to investors late on Monday, the firm put a 12-month price target of $130 on Microsoft's stock, up from $94 per share. According to technology website Geekwire, shares of Microsoft
The European Union (EU) has "grave suspicions" about Google's abuse of the monopoly it enjoys over Internet search in Europe and is open to breaking the tech giant into smaller companies, the bloc's competition commissioner has warned. According to The Daily Telegraph, Margrethe Vestager has said that the threat to split the Internet giant up
While Apple remains to hold the position of the world s most valued company, Amazon has shot up to surpass Google parent company Alphabet, at the second place. Apple s market capitalization marks $889 billion, while Amazon weighs in at $768 billion, followed by Alphabet with $762 billion valuation, S&P Global Market Intelligence reveals. Amazon
Announcing the fifth edition of the YouTube Fanfest, the dates of the event have been released. As YouTube has revealed in a press release, this year, YouTube Fanfest will be travelling multiple cities. Kicking off in Hyderabad on March 3, the YouTube Fanfest will tour four more cities across India. The event will be held
Google parent company Alphabet reported a quarterly loss of $3 billion as it set aside $11 billion for taxes on its overseas profits being brought back to the United States. The California tech giant said revenues in the last three months of 2017 rose 24 percent from a year ago to $32.3 billion and cited
Alphabet, the parent company of Google, today announced the launch of Chronicle, a new cybersecurity company that aims to give companies a better chance at detecting threats by analyzing and storing security related data. Chronicle will now be a standalone company under the Alphabet umbrella, just like Google. Stephen Gillett has been named as the
Earlier today, Eric Schmidt stepped down as Alphabet s Executive Chairman to assume the new role of a technical advisor. In addition, Reliance Jio launched new offers for the new year, Motorola offered festive discounts, and Apple faced a second class action lawsuit. We also saw a price cut for Google Pixel 2 and Pixel
For well over a decade, the face associated with Google, other than its founders Larry Page and Sergey Brin was that of Eric Schmidt. Now, Schmidt has stepped down as Executive Chairman of Alphabet. The Google founders had got him on board to help them with a mature outlook, professional expertise and a sense of
Alphabet, the parent company of US tech giant Google, has announced that Eric Schmidt is stepping down as executive chairman of the board of directors in January 2018. It said in a statement that Schmidt will become a technical adviser to the company while continuing to serve on its board, Xinhua news agency reported. "After
The world might be close to getting its first trillion-dollar corporation. And unsurprisingly, it would be from the world of tech. Early November, Apple crossed $900 billion in valuation briefly, and is largely expected to be the first to reach that magic figure. But close on its heels is Microsoft, which according to a Wall
Google is talking finance. You ask how? Well, citing reasons that its global search interest in finance and stocks has more than doubled in the last five years, Google has expanded its finance experience directly via its Search results. Google s parent company Alphabet added a new filter called finance tab, that lets a user
In a world where content consumption is increasing on mobile devices, things are taking a different turn for YouTube. Google's parent company Alphabet held its Q3 earnings call where it announced the latest figures. During the earnings call, Alphabet also mentioned how YouTube is a major revenue builder for Alphabet. It also mentioned how people watch 100 million YouTube videos per day on TV sets.
Google-parent Alphabet Inc, Microsoft, and Apple have emerged as tech's leading employers in the first-ever Forbes World's Best Employers List. Alphabet, which has a 72,000-strong workforce, took the top spot riding on its working conditions, diversity policies, and general image. Microsoft followed for being extremely "attractive" to employees. And Apple, whose market cap is nearing a trillion-dollar, took the fourth spot.
DeepMind, which fuels artificial intelligence projects at Google-parent Alphabet, now has a full-fledged ethics division. The new unit will carry out research across key themes 'privacy, transparency and fairness , economic impact: inclusion and equality', 'governance and accountability', 'AI morality and values' and more. This comes shortly after Google CEO Sundar Pichai said in media interviews that AI is the future of Google but there are "deep, real concerns" that need to be addressed still.
Intel is working with Waymo -- formerly the Google self-driving car project and now with Google's parent company Alphabet -- to advance self-driving car technology. The newest vehicles from Waymo feature Intel-based technologies for sensor processing, general compute and connectivity, "enabling real-time decisions for full autonomy in city conditions," Xinhua reported.
All eyes are on Google as it struggles with the latest controversy to hit the company. James Damore s 10-page manifesto explaining that biological traits lead to lesser women in technology has stirred debates across the globe. Following the viral outbreak of the memo, Google took immediate action against Damore and fired him. Damore, in an exclusive interview, explains how his memo was taken in the wrong way and that Google is shaming and smearing him.
Despite being hit by the impact of a $2.7 billion European Commission's (EC) anti-trust fine, Alphabet, the parent company of Google, has still posted $26 billion in revenue in the second quarter of 2017. Alphabet reported a net income of $3.5 billion.
Google CEO Sundar Pichai just got appointed as a board member of Google's parent company, Alphabet. According to Alphabet s announcement, Pichai s appointment to its Board of Directors was effective from July 19. Chennai-born Pichai joined Google in 2004 and after a major restructuring in 2015; he was elevated to the position of Google s CEO.