CoinspeakerAlphabet Records Cloud Unit Growth amid Google AI Plans Sundar Pichai revealed that the company was planning to use new AI models to automate some customer services. Alphabet Records Cloud Unit Growth amid Google AI Plans
Read More »Google CEO Says Society Must Prepare for AI Acceleration or Risk Getting Overrun
Google and Alphabet CEO Sundar Pichai thinks AI could cause serious harm in different sectors if society does not brace for it. According to Google (NASDAQ: GOOGL) CEO Sundar Pichai, society needs to brace itself for the far-reaching impact of artificial intelligence (AI). In a recent media session, Pichai opined that AI acceleration might distort everyday life without proper guiding measures. Warning that AI advancement laws are “not for a company to decide” alone, Pichai believes AI...
Read More »Alphabet Q4 2022 Financial Report Shows Earnings Miss as YouTube Struggles
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Read More »GOOGL Stock Tanks 6.5% as Alphabet Misses on Q3 2022 Earnings
Alphabet’s ad revenue from YouTube tanks by 2% against market expectations. The GOOGL stock price has slipped once again under $100 this year.During the aftermarket trading session on Tuesday, October 24, shares of Alphabet (NASDAQ: GOOGL) dropped nearly 7% on weaker-than-expected Q3 2022 earnings.Alphabet and Its Performance in Q3 2022The company’s revenue growth slowed to 6% from 41% a year ago as the company sees a major dip in online ad spending. This also turns out to be the weakest...
Read More »Google CEO Sundar Pichai Apologized to Donald Trump, Google Working on COVID-19 Website
Currently, Google is working on a website devoted to COVID-19. Serving an informative function, the website will also remove fake information about the virus on YouTube, Google Maps, Google developer platforms, and across ads.Last Friday, the U.S. President Donald Trump revealed that Google is currently working on the screening website that addresses COVID-19 education, treatment and prevention, and local resources across the nation. According to Trump, 1,700 engineers under the tenure of...
Read More »Google Cancels I/O Developer Conference 2020 Due to Coronavirus Concerns
Google has called off its I/O Developer Conference 2020 due to COVID-19 fears. It has joined the row of other major events globally to be canceled this year.Google I/O developer conference 2020 has been canceled. This comes after Facebook also decided not to hold its F8 developer conference and Google also canceled its Cloud Next event as well. Google I/O was scheduled for May 12th to 14th, 2020. It has been canceled due to COVID-19 concerns. An e-mail was sent to attendees giving them the...
Read More »Alphabet (GOOGL) Stock May Rise as YouTube and Google Cloud Generate Good Profit
Alphabet Inc. shows incredible profits during the overall market depression. Google Cloud and YouTube are making a good contribution to the total revenue. Alphabet (GOOGL) stock may reach new highs.While the regulators promise new threats that will apply more harm to small businesses than to Google itself, the giant continues making huge profits. The long-awaited YouTube revenue report is also a big deal to concern. Looks like, the more troubles Google has, the more solutions they generate to...
Read More »YouTube Earnings Revealed by Google for the First Time, It Cashes $15B in Ad Revenue
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...
Read More »Google Parent Alphabet Posts 17% Revenue Growth in Q4 but GOOGL Stock Goes Down
Google‘s parent company Alphabet Inc. announced on Monday that its revenue was $46.07 billion in the fourth quarter of 2019. That represents a rise of 17% on an annual basis. The company reported diluted earnings per share (EPS) at $15.35 in the same quarter that represents a growth of 20% year-over-year.Net income increased by 19.2% to $10.67 billion in the closing quarter of fiscal 2019. Operating income stood at $9.27 billion over the same period, rising 12.8% annually.For the whole year...
Read More »As Alphabet Enters $1 Trillion Club, Let’s Have a Look at Top 10 Companies by Market Cap
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,...
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