Google Corporate

Alphabet has just published Q4 2016 earnings of $26 billion, up 22% from the same quarter last year. Covering the final three months of the year, these numbers notably include the first holiday season featuring the Google-made Pixel and Home. While beating analyst expectations, the stock is down in after-hours trading.

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The 2017 Clicking Clean report from Greenpeace takes an annual look at the performance of internet companies in terms of energy usage, with Google coming in third-place behind leader Apple and Facebook. The company was awarded an A for its continued usage of renewable resources and for pushing governments, utilities, and other vendors it works with to do the same.

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Reflecting Google’s burgeoning device business, parent company Alphabet now lists hardware inventory in its latest quarterly SEC filing (via Bloomberg). With the filing providing data through the end of September, it likely reflects the ramp up for hardware announced at the October 4th event.

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Ahead of its conference call, Alphabet has just published its Q3 2016 earnings. The company is reporting revenue of $22.4 billion, up from $18.6 billion last year in the same quarter. Additionally, the company reports a net income of $5 billion for the June-September quarter of 2016. Based on these results, Alphabet slightly beat analyst expectations, but the stock is down in after-hours trading.

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Just a few days ago, Google revealed that it was opening a massive space in San Fransisco for startup companies to work, collaborate, and attend a number of events. Along with this effort, it appears Google has other plans for investing in startups. According to Recode, Google has quietly been investing in startup companies from former employees of the company…

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Ahead of its results call, Alphabet has published earnings for the second quarter of 2016. The company is reporting revenue of $21.5 billion, up from $17.7 billion last year in the same quarter, and has surpassed analyst expectations. Additionally, the company reports a net income of $5.9 billion for the second quarter of 2016. Based on these results, Alphabet stock is up over 27 percent in after-hours trading.

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In March, Google shared its ambitious plan for a futuristic expansion of its Mountain View headquarters. Those plans were derailed in May after LinkedIn won the bid on the valuable real estate required for development. Google and LinkedIn have now announced a “grand bargain” that will allow both to fulfill their campus ambitions.

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Update: GV has reached out to inform us that Miner is starting a new project — not company — inside Google.

After founding Android with Andy Rubin, Rich Miner joined and has been at Google’s venture capital arm as a general partner. Now, he is reportedly planning to return to Google proper and launch (via Fortune) an education-focused company. Clearly, the project reflects Google’s increased interest in making products for the education market…

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Google today announced a couple of new significant moves as it plans to refocus on development in southeast Asia. It will build its first engineering team dedicated to the area, in Singapore, and has promised to help train up to 100,000 developers in Indonesia within 4 years, in a bid to get more content out in the country, using its own national language(s).

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Yesterday it was revealed that a privacy group (EFF) had a filed a complaint with the FTC claiming that Google “deceptively tracks students’ internet browsing”. Specifically, the group claims that Google is breaching a Student Privacy Pledge that it signed in January. One issue with Chrome OS in particular is Chrome Sync, a feature which enables users to have the same bookmarks, logins and other data across various devices with the Chrome Browser installed. As you would expect, it didn’t take long for Google to deny claims of wrongdoing…

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Dan Makoski, Google’s head of design for its Advanced Technology & Projects division is leaving the company and taking a design related position at Capital One. Yep, the bank that has star-studded credit card ads powered by celebrities like Alec Baldwin and Samuel L. Jackson. So why leave a bleeding edge tech company like Google for life at a financial institution? Makoski recently drafted a list on his blog explaining his decision.

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http://www.youtube.com/watch?feature=player_embedded&v=m96tYpEk1Ao

We’ve seen several reports of Google wanting to bring Internet access to emerging-countries, and the company has now announced a project that will greatly help it accomplish that goal. In a post on the official Google blog,  Mike Cassidy announced the next “moonshot” from Google’s mysterious X lab, balloon-powered Internet access.

Google believes that it might be possible to build a ring of balloons that travel around the globe on the stratospheric winds and provide Internet service to the earth below. The company does warn us that this idea is still in the very early days of development, but says that it has built a system that uses balloons carried by winds at altitudes as high as planes and beams Internet at speeds as fast or faster than current 3G networks. 
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Motorola Mobility has announced their Q3 earnings this afternoon, reporting $3.3 billion in revenue up 11% from Q3 of 2010 and a net loss of $32 million, which is better than Q3 of 2010’s $56 million net loss. Motorola Mobility also announced that they sold 100,000 Xoom tablets and shipped 4.8 million smartphones in Q3.

In the press release, seen after the break, Motorola Mobility shed some more light on their on-going acquisition by Google. November 17th the company will hold a meeting with shareholders to gain approval, and also has current pending approvals from the US Department of Justice, European agencies, and other governments around the world. The deal is expected to close by the end of 2012.

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