Tech CEOs Altman, Nadella, Pichai and others join government AI safety board led by DHS' Mayorkas
The 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 nationโs critical services from โAI-related disruptions.โ.
Google parent reports another quarter of robust growth, rolls out first-ever quarterly dividend
Googleโs corporate parent Alphabet Inc. has released a quarterly report showing itโs still reaping double-digit revenue gains from its digital advertising empire while sowing potentially lucrative new ground in artificial intelligence.
Google launches Gemini, upping the stakes in the global AI race
Google took its next leap in artificial intelligence Wednesday with the launch of project Gemini, an AI model trained to behave in human-like ways thatโs likely to intensify the debate about the technologyโs potential promise and perils.
Google's ad sales growth accelerated in 3Q, but investors are unimpressed with the performance
Googleโs 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.
Google rebounds from unprecedented drop in ad revenue with a resurgence that pushes stock higher
Google 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.
Gannett sues Google, Alphabet claiming they have a monopoly on digital advertising
Gannett is suing Google and its parent company Alphabet, claiming that they unlawfully acquired and maintain monopolies on the advertising technology tools that publishers and advertisers use to buy and sell online ad space.
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 โstructure 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.
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 giantโs 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.
Google co-founders step aside as antitrust scrutiny heats up
Larry 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 โ 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 โevolved and maturedโ in the two decades since its founding.
Board of Google parent investigating sexual misconduct cases
SAN 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
(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.