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28 'GOOG' stories

August 2011 - June 2017


GOOG Stories June 5, 2017

Alphabet Class A shares ($GOOGL) hit new record highs today, soaring past the $1,000 per share mark. Alphabet Inc Class A is up 7.80 points on the day, or 0.78%. Alphabet Inc Class C, on the other hand, is straddling the line just below the $1,000 mark, sitting at 983.28 at the time of this writing and up nearly the same amount.

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GOOG Stories December 11, 2016

Google CEO Larry Page speaks at a news conference at the Google offices in New York, Monday, May 21, 2012. (AP Photo/Seth Wenig)

Google CEO Larry Page speaks at a news conference at the Google offices in New York, Monday, May 21, 2012. (AP Photo/Seth Wenig)

Last week, USA Today shared an article reporting that President-elect Donald Trump has invited top technology leaders to a summit in Manhattan at Trump Tower on December 14. The invitations were reportedly sent by his campaign manager, Reince Priebus, son-in-law Jared Kushner, and transition advisor, Peter Thiel.

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GOOG Stories August 22, 2016

Android-Pay-Walgreens

Walgreens today announced that its loyalty rewards program is now integrated with Android Pay at checkout, making it the first retail store location to support the feature through Google’s Android-based payments service.

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GOOG Stories July 16, 2016

9to5Google-Android-Charging

In this week’s top stories:  A first look at the iris scanner on Samsung’s upcoming Galaxy Note 7, new Huawei devices, hands-on with the Moto G4 and G4 Plus, and the Pokemon Go craze continues.  expand full story

GOOG Stories July 8, 2016

9to5Google-Android-Charging

In this week’s top stories: Our roundups of the best Android phones and best budget Android phones for July, Pokemon GO’s official release takes over the app charts, Android One launches in Japan, and much more. Head below for these and the rest of this week’s most shared stories.

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GOOG Stories June 11, 2016

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In this week’s top stories: We breakdown the best Android phones you can buy right now, get a closer look at upcoming Android devices including the OnePlus 3, Galaxy Note, and Project Tango devices, and give you the latest app news and updates alongside our picks for the best 5 Android apps you should download this month.  expand full story

GOOG Stories April 30, 2016

Screen Shot 2016-04-29 at 19.27.10

In this week’s top Google stories: new Android device news surrounding the Galaxy Note 6, the death of the Nexus 9, Huawei’s upcoming P9 flagship, and more. And we went hands-on with LeEco’s new Snapdragon 820-powered Le Max2 w/ 6GB of RAM, the BlackBerry PRIV running Android Marshmallow, and the Oppo F1 Plus in this week’s top videos.

In addition, HP and Google launched the impressive new Chromebook 13, and a handful of notable Google and Android app updates arrived as well as news of a completely overhauled design for Instagram in testing.

Head below for all of the quick links to this weeks top stories, videos and more. 

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GOOG Stories February 29, 2016

9to5Toys Lunch Break: Galaxy S7/Edge cases from $5, UE MEGABOOM Bluetooth speaker $208, more

Keep up with the best gear and deals on the web by signing up for the 9to5Toys Newsletter. Also, be sure to check us out on: TwitterRSS FeedFacebookGoogle+ and Safari push notifications.

TODAY’S CAN’T MISS DEALS:

Spigen Galaxy S7/Edge Cases in a variety of styles and colors for $5 shipped

UE’s popular MEGABOOM waterproof Bluetooth speaker is on sale for $208 shipped (Reg. $250+)

Beats by Dr. Dre Beats Studio Over-the-Ear Wired Headphones $150 shipped (Orig. $300)

This emergency flashlight can charge your phone, start your car, or help you break out of it: $80 shipped

Review: Audioengine turns it up to 11 with its newest Bluetooth HD6 powered speakers

MORE NEW GEAR FROM TODAY:

Amazon Gold Box – Monitors, Wi-Fi routers, Storage & more up to 60% off: Dell 23-inch monitor $120 (Orig. $200), more

MORE DEALS STILL ALIVE:

Grab the best-selling GoPro HERO4 Silver Action Camera for $299 (Reg. $330+), more

Aukey USB Accessories w/ Prime shipping: Bluetooth car audio receiver and charger $17, Dual USB solar charger $39

NEW PRODUCTS & MORE:

Victronix teases its new Cyber Tool fitness tracker for the popular INOX watch

Pokémon Sun and Moon on Nintendo 3DS confirmed, pre-orders now live

GOOG Stories February 8, 2016

Sundar-Breakfast-Google

After successful Q4 2015 earnings and a brief time as the most valuable company in the world, Alphabet is awarding Sundar Pichai and other top executives lucrative stock grants. Pichai’s award of 273,328 Class C shares worth $199 million would make him one of the highest-paid executives of a public company.

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GOOG Stories November 4, 2015

Employees take their lunch break in the sun at Google headquarters in Mountain View, California March 3, 2008. REUTERS/Erin Siegal (UNITED STATES) - RTR1XUQ7
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Employees take their lunch break in the sun at Google headquarters in Mountain View, California March 3, 2008. REUTERS/Erin Siegal (UNITED STATES) - RTR1XUQ7

With Google potentially facing a fine of up to $6.6B after the European Commission charged the company of abusing its dominant position in search, its lawyers have now filed a 130-page rebuttal. In it, the company attempts to use a legal technicality to argue that it cannot be fined for favouring its own products in search results …  expand full story

GOOG Stories October 7, 2015

google-hq

Lobbying group Citizens for Tax Justice has called out Google, Apple and Microsoft and others for what it described as “accounting tricks” in which companies “pretend” to be based overseas for tax purposes. The claims were made in a report entitled Offshore Shell Games 2015.

Many multinational corporations use accounting tricks to pretend for tax purposes that a substantial portion of their profits are generated in offshore tax havens, countries with minimal or no taxes where a company’s presence may be as little as a mailbox. Multinational corporations’ use of tax havens allows them to avoid an estimated $90 billion in federal income taxes each year.

Google’s overseas tax arrangements came under fire in the UK back in 2013 when it was revealed that the company paid just £6M ($9.4M) on a UK turnover of £395M ($620M), claiming that all its advertising sales were made by staff in Ireland (a claim later challenged) …

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GOOG Stories October 5, 2015

Interbrand again names Google world’s 2nd most valuable brand, behind Apple

Interbrand has named Google as the world’s second most valuable brand for the third year running, estimating that it increased its total value by 12% to $120B. The company bases its estimates on a mix of the financial performance of the company, its ability to influence purchase decisions and the degree of brand loyalty it enjoys.

Google again took second place to Apple, wich saw its value climb by 43% in the past year to hit $170B.

Tech companies made up half of the top 10, Microsoft at #4, IBM at #5 and Samsung retaining 7th place. A similar brand equity ranking by Millward Brand back in May also gave Apple and Google the top two slots.

Google was first overtaken by Apple in 2013 after previously holding a 4-place lead. Google did, however, retain its place as the best company to work for, Fortune giving it the slot for its fourth consecutive year.

Via The Verge

GOOG Stories July 22, 2015

google-ads

Just as one European antitrust case against Google reached its conclusion, with a second one underway, it may be facing a third, reports the Financial Times.

The first antitrust case found that Google abused its dominant position in search to promote its own products over that of competitors. with the company told to expect large fines. A second one is underway, to determine whether Google forced smartphone manufacturers to favor its own apps over competitor ones in return for permission to use Android.

The FT now reports that a number of companies selling online advertising have asked the European Commission to consider a third case, to investigate Google’s dominance of the web advertising business …  expand full story

GOOG Stories April 15, 2015

google

As expected, the EU has formally accused Google of abusing its dominant position in search to favor links to its own products over those offered by competitors. The complaint takes the form of a Statement of Objections: a formal method of announcing that it believes Google has acted illegally and that a full investigation is underway.

The Commission’s preliminary view is that such conduct infringes EU antitrust rules because it stifles competition and harms consumers. EU Commissioner Margrethe Vestager said that “Google now has the opportunity to convince the Commission to the contrary. However, if the investigation confirmed our concerns, Google would have to face the legal consequences and change the way it does business in Europe.”

Google has not wasted any time in attempting to convince the Commission otherwise, arguing in a blog post that the evidence shows that Google has not harmed traffic to competitor websites …  expand full story

GOOG Stories January 23, 2015

Talking Schmidt: the Internet will disappear

Asked at the World Economic Forum to predict the future of the web, Google executive chairman Eric Schmidt said that “the Internet will disappear.”

The somewhat surprising prediction isn’t quite as crazy as it sounds. What he means is that the Internet of Things will become so ubiquitous, that much of our interaction with the web will be invisible.

“There will be so many IP addresses…so many devices, sensors, things that you are wearing, things that you are interacting with that you won’t even sense it,” he explained. “It will be part of your presence all the time. Imagine you walk into a room, and the room is dynamic. And with your permission and all of that, you are interacting with the things going on in the room. A highly personalized, highly interactive and very, very interesting world emerges.”

It’s clearly hyperbole: none of us are going to stop viewing webpages anytime soon. And as Gizmodo wryly insinuates, that “with your permission” part is far from certain when a company makes its money from the data rather than the devices. But there’s certainly a core truth here: with more and more smart devices, we won’t need to interact with them so directly.

Google is, though, not taking its dominant position for granted. Schmidt said that at a time when new apps can spring out of nowhere and become billion dollar businesses, “all bets are off.”

Check out some other Talking Schmidt quotes.

Google Play services ceasing in Crimea on 1st February, AdSense & AdWord blocks underway

Google has started to block AdSense and Adwords accounts in Crimea, and Google Play services will cease on 1st February, reports TechCrunch. The moves are being made in order to comply with sanctions on the Crimea region of the Ukraine imposed by the US Government.

Free services, like search, maps and gmail are all expected to remain unaffected, but all services involving payment to or from Google will cease, said Russian site Lenta.ru.

 “Google’s prohibited from providing paid services in the Crimea,” a source at Google told Lenta.ru. “In addition, Google cannot make payments to anyone in the Crimea. It is now technically impossible, as almost all international banks have ceased to make payments.”

The US joined the EU in imposing economic sanctions in protest at Russia’s annexation of the Crimean peninsula, which legally remains part of the Ukraine. TechCrunch notes that the political conflict could escalate, with the possibility that Russian government may retaliate by blocking the sale of US imports into Russia–an important market for many US companies, including Google.

Apple terminated its own agreements with app developers in the region earlier this week, and has announced that all sales of Apple products and services will cease as of 1st February. Other companies are similarly ceasing business in the region, including both Steam and PayPal.

GOOG Stories January 5, 2015

Google to announce Q4 2014 earnings on January 29th

Google announced today that it will share its Q4 2014 financial results on Thursday, January 29th, 2015. Following the financial report, Google will host its quarterly conference call with investors and analysts to discuss its reported results. The call will take place at 4:30 PM EST, 1:30 PM PST, with a webcast available online at investor.google.com/webcast.html9to5Google will bring you full coverage of both the financial results and the conference call on that date.

Google previously reported its quarterly earnings on October 16th.

GOOG Stories December 4, 2014

Google stepping up push of Apps for Work by increasing reseller commissions

Google is planning to offer higher commissions to resellers who sign up enterprise customers for its Google Apps for Work packages, reports the WSJ.

Google plans to boost the commissions it pays some outside firms to sell its workplace software, signaling a more serious challenge to Microsoft’s dominance at larger companies, according to people familiar with the matter.

Google currently pays a 20% commission, typically earning resellers $10 per user per year, but is planning to offer a bigger cut to its most successful resellers in order to encourage companies to further boost sales. The exact details of the new commission structure are not yet known.

The company recently announced that Sprint had become a reseller for mobile-focused business apps. High-profile companies that have adopted the Apps for Work suite include auditors PwC, Squarespace and WordPress.

While Microsoft remains the dominant player in office productivity software, the two companies have been on a converging path for some time, Google expanding its apps suite while Microsoft focuses more on the cloud.

GOOG Stories December 3, 2014

The roof terrace of Google's London HQ

The roof terrace of Google’s London HQ

New corporate tax measures aimed at preventing multinational companies making profits in the UK and then shifting them overseas where they incur lower taxes could potentially impact a number of tech companies, including Google, Apple and Amazon.

Dubbed “the Google tax,” the British government announced a new 25% tax on profits generated in the UK and then “artificially shifted” overseas, reports the BBC …  expand full story

GOOG Stories October 16, 2014

 

9to5-image 2014-10-16 at 4.11.00 PM

Google reported Q3 2014 earnings today that didn’t quite meet analyst expectations. Sales rose 20% to $16.52 billion in the quarter. Profit was $6.35 a share. Analysts’ expectations were $16.59 billion and profit of $6.54 a share.

“Google had another strong performance this quarter, with revenue up 20% year on year, at $16.5 billion,” said Patrick Pichette, CFO of Google.  “We continue to be excited about the growth in our advertising and emerging businesses.”

It will be interesting to see what Google has to say for themselves when they talk earnings at 4:30.

The call will be live, above.

Press release follows: expand full story

GOOG Stories May 15, 2014

future

In Google’s annual Founders Letter, Larry Page revealed that Google was handling more than 100 billion searches a month, but said that the service was still “a million miles” from the service he’d like to see Google become.

In many ways, we’re a million miles away from creating the search engine of my dreams, one that gets you just the right information at the exact moment you need it with almost no effort.  That’s partly because understanding information in a deep way is a hard problem to solve …

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GOOG Stories January 31, 2014

Controversial Google stock split going ahead in April after shareholder lawsuit settled

More than three years after Google founders Larry Page and Sergey Brin first proposed it, a controversial stock split has finally been scheduled for 2nd April after a shareholder lawsuit opposing the move was settled. The split will see the number of shares doubled and their value halved.

The controversy stemmed from the form the new shares will take. Google currently has two types of stock: Class A and Class B. Class A stock is what most shareholders own, and gives them normal voting rights. Class B stock, held by Page and Brin, gives them ten times the voting rights per share, which gives them 56 percent of the voting rights despite owning only 15 percent of the company.

The stock split will create a third type of share, Class C, which have no voting rights. This will enable the company to issue additional shares to reward employees without Page and Brin losing control of the company. Existing shareholders will get one Class C share for each Class A share they own. The lawsuit alleged that Class C shares would trade for less, and that their existing shareholding would therefore be reduced in value.

Under the terms of the settlement, Google has effectively agreed to make good any losses as a result of a gap opening up between the values of A and C shares, with up to $7.5 billion set aside. Class C shares will trade under Google’s existing ticker code GOOG, while Class A shares will get a new code, GOOGL.

Via Mercury News

GOOG Stories January 13, 2014

Following $3.2B Nest acquisition, Google gains $2.3B in after hours trading

Following today’s announcement that Google had bought the company behind the Nest learning thermostat, the Mountain View-based company has gained over $2B in after hours trading. Considering the fact that they only spent $3.2B on the acquisition, it looks like the folks at Google has made out pretty well today.

GOOG Stories October 18, 2013

goog

Update: Google did it

After-hours trading saw Google’s stock price jump 8 percent to $959.65 as investors responded to its 23 percent revenue gain in its Q3 results. This potentially puts the stock in sight of the exclusive $1000 per share club, reports the Telegraph …  expand full story

GOOG Stories July 19, 2013

goog

While the market response to Google’s quarterly earnings seems to have been lukewarm, the stock price dipping in after-hours trading and at least six analysts lowering their price targets after the company came in slightly under Wall Street expectations, Warwick Business School Associate Professor John Baptista says that the modest performance is a ‘blip’.

Bapista, who has researched the company for many years, said that although Google’s ad revenues have suffered as traffic shifts from the desktop to mobile devices (something Google wasn’t slow to address), the real growth in the future will be in the cloud, with Google ideally placed to benefit …  expand full story

GOOG Stories August 15, 2011

Google has made its decision to acquire Motorola Mobility public this morning, announcing the acquisition worth $12.5 billion via The Official Google Blog (that’s $40 per share, 60% higher than the company’s closing price as of Friday):

Today, more than 150 million Android devices have been activated worldwide—with over 550,000 devices now lit up every day—through a network of about 39 manufacturers and 231 carriers in 123 countries. Given Android’s phenomenal success, we are always looking for new ways to supercharge the Android ecosystem. That is why I am so excited today to announce that we have agreed to acquire Motorola.

This is obviously being looked at by most analysts as a move by Google to beef up their patent portfolio in the midst of the smartphone patent wars. It appears Google plans to continue running Motorola as a separate company, meaning the brand itself isn’t in jeopardy as of yet. However, this could easily be Google’s first step in the direction of gaining more control over the manufacturers that run Android. Even with Android making huge strides in recent months, Apple continues to dominate the smartphone market with their unique approach of building both hardware and software to compliment one another (at the same time as keeping the intellectual properties related to their products under one roof).

Google and Motorola will be holding a press conference at 8:30 ET. Grab the live webcast here. A snippet from the official press release below, if you’re interested. We’ll keep you posted as more info becomes available.

Google to Acquire Motorola Mobility

Combination will Supercharge Android, Enhance Competition, and Offer Wonderful User Experiences

MOUNTAIN VIEW, CA and LIBERTYVILLE, IL – AUGUST 15, 2011 – Google Inc. (NASDAQ: GOOG) and Motorola Mobility Holdings, Inc. (NYSE: MMI) today announced that they have entered into a definitive agreement under which Google will acquire Motorola Mobility for $40.00 per share in cash, or a total of about $12.5 billion, a premium of 63% to the closing price of Motorola Mobility shares on Friday, August 12, 2011. The transaction was unanimously approved by the boards of directors of both companies. expand full story

GOOG Stories August 11, 2011

Google has just signed a deal to lease a new Sunnyvale campus that, as Silicon Valley reports, will be the company’s “largest presence in Silicon Valley outside of Mountain View”.

The deal could see GOOG moving up to 2,900 employees for the long-term onto the new campus that totals 715,000 square feet at the Technology Corners complex at 11th Avenue and Innovation Way in Sunnyvale. This contributes to the over 1.9 million square feet of real estate the company has already committed to this year.

“As we continue to grow, it’s important to find space for our future employees close to our headquarters,” said David Radcliffe, vice president of real estate and workplace services for Google. “That’s why we’ve leased space at Moffett Park’s Technology Corners.”

Google has good reason to expand their presence in the Valley. The report notes Google plans on hiring more new employees this year than ever before with an additional 6,000 new members joining the team worldwide. Other companies, notably Apple, have been buying up land with big plans to accommodate their own growing employee base. expand full story

GOOG Stories August 10, 2011

The Federal Trade Commission began an anti-trust probe of various Google services six weeks ago after serving the company with a number of “broad subpoenas”. Today, sources familiar with the proceedings report the probe is now extending to Android and Google’s endeavours in the mobile space.

The WSJ explains:

Six weeks after serving Google with broad subpoenas, FTC lawyers, in conjunction with several state attorneys general, have been asking whether Google prevents smartphone manufacturers that use its Android operating system from using competitors’ services, these people said.

They also have inquired whether Google grants preferential placement on its website to its own products, such as Google’s “Places” business listings, its “Shopping results” or Google Finance services above most other results.

This wouldn’t be the first time government has targeted a technology company expanding into areas other than what they’ve been known for, and it certainly wont be the last. Despite that, Google doesn’t seem to be worried… a Google spokesperson had this to say about the probe: expand full story

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