Google's parent buys data center energy specialist Intersect for $4.75 billion to help power AI
Read full article: Google's parent buys data center energy specialist Intersect for $4.75 billion to help power AIGoogle’s corporate parent on Monday announced an agreement to buy data center energy specialist Intersect for $4.75 billion as part of its effort to secure the vast amounts of electricity needed to power artificial intelligence technology.
YouTube to pay $24.5 million to settle lawsuit over Trump's account suspension after Jan. 6 attack
Read full article: YouTube to pay $24.5 million to settle lawsuit over Trump's account suspension after Jan. 6 attackGoogle’s YouTube has agreed to pay $24.5 million to settle a lawsuit by President Donald Trump over his 2021 account suspension following the Jan. 6, 2021 attack on the U.S. Capitol.
Google's AI push pays off with solid second quarter, but doubts about company's future persist
Read full article: Google's AI push pays off with solid second quarter, but doubts about company's future persistGoogle’s accelerating shift into artificial intelligence helped propel its corporate parent to another quarter of solid growth while a crackdown on its internet empire looms in the background.
Stock market today: Most of Wall Street rises as earnings reporting season ramps up
Read full article: Stock market today: Most of Wall Street rises as earnings reporting season ramps upWall Street drifted higher as gains for most stocks outweighed drops for Alphabet and some other big-name companies following their latest profit reports.
Stock market today: Nasdaq edges back from its record as chip companies and Eli Lilly slump
Read full article: Stock market today: Nasdaq edges back from its record as chip companies and Eli Lilly slumpU.S. stock indexes edged lower after drops for Eli Lilly and chip companies overshadowed a jump for Google’s parent company.
Google's moneymaking machine still pumping out massive profits despite multiple threats
Read full article: Google's moneymaking machine still pumping out massive profits despite multiple threatsGoogle is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire.
Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
Read full article: Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumblesRising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street.
Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
Read full article: Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skidsAsian shares have dropped morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point and closing 3.3% lower, as pessimism set in over Wall Street's overnight nose-dive.
Google's corporate parent still prospering amid shift injecting more AI technology in search
Read full article: Google's corporate parent still prospering amid shift injecting more AI technology in searchGoogle’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire.
California advances unique safety regulations for AI companies despite tech firm opposition
Read full article: California advances unique safety regulations for AI companies despite tech firm oppositionCalifornia lawmakers have advanced a bill that would regulate powerful artificial intelligence systems.
Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas
Read full article: Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' MayorkasThe CEOs of leading U_S_ technology companies are joining a new artificial intelligence safety board to advise the federal government on how to protect the nation’s critical services from “AI-related disruptions.”.
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Read full article: Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividendGoogle’s corporate parent Alphabet Inc. has released a quarterly report showing it’s still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence.
Stock market today: Wall Street rises ahead of Friday's jobs report to snap a 3-day losing streak
Read full article: Stock market today: Wall Street rises ahead of Friday's jobs report to snap a 3-day losing streakWall Street closed higher to break out of its first three-day losing streak since Halloween.
Google launches Gemini, upping the stakes in the global AI race
Read full article: Google launches Gemini, upping the stakes in the global AI raceGoogle took its next leap in artificial intelligence Wednesday with the launch of project Gemini, an AI model trained to behave in human-like ways that’s likely to intensify the debate about the technology’s potential promise and perils.
Google's ad sales growth accelerated in 3Q, but investors are unimpressed with the performance
Read full article: Google's ad sales growth accelerated in 3Q, but investors are unimpressed with the performanceGoogle’s digital advertising sales growth accelerated during the summer, advancing a recent revival that helped its corporate parent Alphabet Inc. to deliver a quarterly profit that exceeded analysts' projections.
Stock market today: Asian shares gain after the Federal Reserve raises interest rates
Read full article: Stock market today: Asian shares gain after the Federal Reserve raises interest ratesAsian shares are higher after the Federal Reserve raised interest rates to their highest level in more than two decades, just as Wall Street expected.
Google rebounds from unprecedented drop in ad revenue with a resurgence that pushes stock higher
Read full article: Google rebounds from unprecedented drop in ad revenue with a resurgence that pushes stock higherGoogle snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape.
Regulators take aim at AI to protect consumers and workers
Read full article: Regulators take aim at AI to protect consumers and workersAs concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when using AI.
Google's persisting ad slump weighs on Alphabet's 1Q results
Read full article: Google's persisting ad slump weighs on Alphabet's 1Q resultsGoogle’s advertising malaise persisted during the first quarter while the internet company also grapples with advancements in artificial intelligence technology that threatens to undercut its dominant search engine.
Google's parent reports slowest quarterly growth in 2 years
Read full article: Google's parent reports slowest quarterly growth in 2 yearsGoogle’s revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid fears of an economic recession.
Google's Q4 ad sales soar again, parent plans to split stock
Read full article: Google's Q4 ad sales soar again, parent plans to split stockGoogle’s digital advertising empire turned in another strong performance during the holiday shopping season, propelling a 36% increase in its corporate parent’s profit during the final three months of 2021.
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Google workers form new labor union, a tech industry rarity
Read full article: Google workers form new labor union, a tech industry rarity(AP Photo/Jeff Chiu, File)A group of Google engineers and other workers announced Monday they have formed a union, creating a rare foothold for the labor movement in the tech industry. About 225 employees at Google and its parent company Alphabet are the first dues-paying members of the Alphabet Workers Union. But the new union, which will be affiliated with the larger Communication Workers of America, says it will serve as a “structure that ensures Google workers can actively push for real changes at the company." Later in 2018, thousands of Google employees walked out to protest how the company handled sexual misconduct allegations against executives. Allen said the Alphabet Workers Union is not currently planning to pursue official recognition as a collective bargaining group.
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Tech giants report strong results, but murky outlooks
Read full article: Tech giants report strong results, but murky outlooks(AP Photo/Jeff Chiu, File)Five technology giants reported strong earnings but mixed outlooks Thursday, a sign of varying fortunes as they work to rebound from a pandemic-related economic slowdown earlier this year. But earnings per share amounted to 73 cents, above the average estimate of 70 cents among analysts polled by FactSet. Revenue grew 22% to $21.22 billion, higher than the $19.8 billion analysts were predicting. The social media giant’s average monthly user base was 2.74 billion as of Sept. 30, up 12% from a year earlier. Analysts were expecting a loss of 10 cents per share, adjusted earnings of 6 cents per share and revenue of $777.3 million, according to a poll by FactSet.
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Google co-founders step aside as antitrust scrutiny heats up
Read full article: Google co-founders step aside as antitrust scrutiny heats upLarry Page and Sergey Brin are stepping down as CEO and president, respectively, of Google parent company Alphabet. Google is facing increasing criticism and investigations from authorities in the U.S. and Europe about its privacy policies and nature of its many-legged business. That will now fall to Pichai to wrangle and push through — though Brin and Page, both 46, have noticeably backed out of the spotlight already. Last year, Google raised hackles in Congress by refusing to send Page or Pichai to a hearing on Russian manipulation of internet services to sway U.S. elections. Page and Brin, in announcing the news Tuesday, said the company has “evolved and matured” in the two decades since its founding.
Board of Google parent investigating sexual misconduct cases
Read full article: Board of Google parent investigating sexual misconduct casesSAN FRANCISCO, CA The board at Google parent Alphabet is investigating claims of sexual misconduct made against executives and how the company handled them. Multiple reports say the company has hired an outside firm to examine how its executives handled claims of sexual misconduct. The investigation follows lawsuits brought by shareholders after reports of sexual harassment at Google received national attention last year. Thousands of Google employees walked out of work last fall to protest the company's handling of sexual misconduct claims and payouts. Google said in a statement that Alphabet's board has formed a committee to consider claims made in the lawsuits.

Google hit by DOJ demand for antitrust records
Read full article: Google hit by DOJ demand for antitrust records(CNN) - Google's parent company, Alphabet, has received a mandatory request for information from the Justice Department concerning the company's previous antitrust investigations, the tech giant said Friday. The compulsory request was received on August 30, the company said in a notice to investors, which also acknowledged a looming antitrust investigation by dozens of state attorneys general. "We continue to cooperate with the DOJ, federal and state regulators in the United States, and other regulators around the world," the company said in its filing. The filing did not specify what previous investigations the DOJ was seeking information on. Also on Friday, a group of nine attorneys general from eight states and the District of Columbia said they are launching an antitrust probe of Facebook.
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