Tag Archives: sergey brin

Google‘s parent company Alphabet released its Q4 2019 earnings report on Monday. February 3. With 2019’s total revenue standing at $162 billion, Alphabet also registered an 18% YoY growth.Surprisingly, Alphabet also unveiled the earnings of its popular video content distribution platform YouTube for the very first time. Youtube saw its quarterly Q4 earnings standing at $5 billion and its annual earnings standing at $15 billion. Youtube’s earnings saw a 36% jump in 2019 compared to its $11.2...

Last week on Friday, January 17, Google‘s parent company Alphabet hit the trillion-dollar milestone. Alphabet became the fourth public listed tech company to achieve this feat.Despite staying in controversy with the regulators over the issues of privacy concerns, Alphabet had a good show in 2019 in the stock market. The Alphabet stock surged nearly 50% in a single year thereby pushing the company’s growth.Apple Inc. was the first company to achieve the trillion-dollar milestone in 2018,...

Google‘s parent company Alphabet has hit a new milestone with its market hitting one trillion dollars. Google’s is the fourth global company to attain this feat just after Sundar Pichai became the CEO of Alphabet in December 2019.On Thursday, January 16 closing, the Alphabet stock was trading at $1450 with its market cap striking $1 trillion. In the last year, Alphabet’s stock has surged nearly 50% giving handsome returns to the investors. Thus, Alphabet stock was a shining start in 2019’s...

This year was pretty good for one of the most famous world’s billionaires. However, the whole decade seems to finish even better. Take Warren Buffett for example. He is ending the year with a net worth of approximately $89 billion, up around $42 billion since 2010 and making him the seventh-biggest billionaire gainer of the past 10 years. Let it also be known that the Oracle of Omaha never sold any Berkshire Hathaway, and about 98% of his fortune is made up only of the company’s shares.But,...

The world’s fifth-largest technology company by revenue Alphabet has recently appointed a new CEO. One of the world’s most valuable companies welcomed Google CEO Sundar Pichai. As we reported earlier, Pichai replaced Larry Page and Sergey Brin, Alphabet founders who decided to step down. Soon after promotion, Pichai got a new surprise: the Alphabet board announced awarding Pichai a hefty raise in salary. Now, Sundar’s earnings will make up $2 million per year starting from January, 1....

In a major turn of event at crypto startup Circle, Sean Neville will be stepping down from his role as the Co-CEO of the company. In an email secured by CoinDesk, Neville notified his decision during a quarterly meeting among the Board of Directors.Neville found this Boston-based peer-to-peer payments technology company in partnership with Jeremy Allaire, in 2014. While Neville decided to step down from the role of Co-CEO, he will continue as the company’s independent director.Neville has not...

Back in 2015, Google founders Larry Page and Sergey Brin floated the Alphabet Inc. holding company to function as Google’s parent, allowing the duo more time and space to pursue other ventures. Sundar Pichai was made the chief of Google and has been running the tech giant since then. Now, the founders have announced their decision to step down from their position at Alphabet Inc., and have chosen Pichai to also lead Alphabet.The decision to create Alphabet in the first place was somewhat...