Tag: Alphabet Inc

Google to pay $30m to settle YouTube children’s privacy lawsuit
Business

Alphabet shares rise 6% after court ruling favours Google

Alphabet Inc. shares rose nearly 6 per cent in premarket trading Wednesday after a court ruling that investors saw as largely favourable for Google. The United States Department of Justice had sought major remedies in its antitrust case, filed in September 2023, including forcing Google to divest its Chrome browser. Although a federal judge previously […]

Tech

Alphabet’s Waymo may offer personal ownership of robotaxis – CEO

Alphabet CEO Sundar Pichai announced Thursday that Waymo’s self-driving cars may eventually be offered for personal ownership, marking a possible shift in the company’s business strategy. Until now, Waymo has primarily focused on autonomous ride-hailing services. The announcement comes as Tesla gears up to launch its robotaxi service later this year, heightening the competition in […]

Alphabet Inc rakes in $76.69bn revenue in 2023 Q3
Business

Alphabet Inc rakes in $76.69bn revenue in 2023 Q3

Alphabet Inc, Google’s parent company, reported $76.69 billion in sales for the third quarter of 2023, representing an 11% year-on-year increase, according to the group’s most recent earnings report. According to The Times, despite the increase in revenue, the company’s share price fell 7% on Tuesday during trade. However, the group’s share price increased by […]