Alphabet this afternoon reported big Q1 earnings with notable year-over-year growth as ad spending returned. In prepared remarks, CEO Sundar Pichai told investors to expect “significant product updates and announcements” at Google I/O 2021 next month.
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The world of Star Trek featured a handheld device that was used to scan the health of patients. In 2014, it came to light that Alphabet’s “Moonshot Factory” was trying to create such a gadget, with that effort currently housed in Verily Life Sciences. It has now emerged that the X division was working on another tricorder project in 2019, but has since canceled “Maya.”
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Alphabet today announced Q4 2020 earnings with $56.9 billion in revenue. These numbers range from October to December, and include the holiday season.
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One of X’s more well-known projects used balloons to deliver internet service to areas that lack existing network infrastructure. Alphabet announced today that it was shutting down Loon given difficulties commercializing the effort.
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Following the firing of AI researcher Timnit Gebru in December, more than 225 Google employees in the United States have announced that they have formed a union, a first within Alphabet’s umbrella.
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Alphabet today announced Q3 2020 earnings with $46.2 billion in revenue. These numbers range from July to September, and includes the continuing impact of COVID-19.
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TikTok is currently looking for a buyer before the November 12th deadline imposed by President Trump. The social media service will be banned unless there’s an acquisition, and many companies from Microsoft and Oracle to Twitter have been rumored to be in the running. A new report today says that Alphabet looked into making a TikTok investment as part of a broader group bid.
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Google’s parent company today announced a $10 billion debt offering amid low interest rates and friendly market conditions. The big focus for Alphabet is on sustainability bonds for environmental and social initiatives.
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Alphabet today announced Q2 2020 earnings with $38.3 billion in revenue. These numbers range from April to June, and includes the impact of COVID-19.
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While Glass lives on as an enterprise product, it never came close to reaching Google’s wildly ambitious vision of replacing the smartphone. Others have since entered the smart glasses space, with North being one of the more notable players. Alphabet is now rumored to be acquiring North after Focals sold poorly.
Tech companies are well-positioned to work from home, with Mark Zuckerberg this week announcing a permanent remote shift for Facebook. Those plans were praised by some and debated by others. In another interview this week, Alphabet/Google CEO Sundar Pichai shared his outlook for work at Google.
Eric Schmidt was Google’s second CEO from 2001 to 2011 and famously known for acting as “adult supervision” during the company’s early years. The top job was eventually handed back to co-founder Larry Page, with Schmidt serving as executive chairmen of Google and later Alphabet. His last role was as technical advisor, and it emerged today that he departed earlier this year.
Alphabet today announced Q1 2020 earnings with $41.16 billion in revenue. These numbers range from January to March, and includes the impact of COVID-19.
Notable X projects include self-driving cars, delivery drones, and internet balloons. Alphabet’s Moonshot Factory is now taking another stab at helping the environment with Tidal — a “moonshot to protect the ocean and feed humanity sustainably.”
Since Sundar Pichai’s appointment to Alphabet CEO last December, there have been a number of high-level changes. The latest sees the parent company today pull support for offshore wind kites developed by former X project Makani.
Jigsaw is an Alphabet company focussed on tackling global security challenges through technology. According to a new report today, Jigsaw has been moved back within Google.
Alphabet today announced Q4 2019 earnings with $46.075 billion in revenue. These numbers range from October to December, and includes the busy holiday shopping season for Made by Google’s hardware efforts.
In his first big public move since being appointed the CEO of Alphabet last month, Sundar Pichai today called for AI regulation to govern how the promising new technology is leveraged.
Since the start of this week, investors have been waiting for Alphabet to hit a market value of $1 trillion. Google’s parent today joins only three other companies to ever hit that marker.
Longtime Google employee David Drummond is retiring from Alphabet on January 31. In addition to being chief legal officer of the parent company, he leads corporate development.
Sundar Pichai is one of the highest-paid executives in the world. Alphabet today outlined his new compensation package for the expanded role he’s taking on as CEOs of both Google and the parent company.
Following Sundar Pichai becoming CEO of Alphabet last week, the next corporate change is a new member of the parent company’s board of directors. Frances Arnold brings her experience as a Nobel chemistry laureate and CalTech professor.
Larry Page and Sergey Brin announced this afternoon that current Google CEO Sundar Pichai is also taking on the role of Alphabet chief executive. This is described by the co-founders as a move to simplify management.
