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.
Early last year, X unveiled Chronicle as the moonshot lab’s latest graduate. Joining Alphabet, it was focused on cybersecurity and included VirusTotal. Back in June, it was folded into Google Cloud where it’s now apparently struggling.
Alphabet today announced Q3 2019 earnings with $40.49 billion in revenue. These numbers range from July to September, and did not entirely meet analyst expectations. Expand
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Last month, reports first emerged that Fitbit was considering a sale and Google’s parent company was tentatively floated as a possible candidate. Reuters this morning is reporting that Alphabet has made an offer to acquire the wearable company.
With the year well underway, Alphabet today announced Q2 2019 earnings with $38.94 billion in revenue. These numbers range from April to June, and slightly surpassed expectations with the stock up 7.39% in after-hours trading.
Chronicle is an Alphabet company dedicated to enterprise cybersecurity. After graduating from the X Moonshot Factory in early 2018, it is now joining Google Cloud.
Following Alphabet’s Q1 2019 earnings yesterday, the parent company announced a number of changes to its board of directors. Eric Schmidt and Diane Greene are not seeking re-election and will be leaving later this year.
Alphabet yesterday reported disappointing Q1 2019 earnings that led to the stock falling in after-hours trading and an over 8% drop Tuesday morning. The company missed revenue by about a billion dollars as ad revenue growth slowed amid worries that advertisers are moving to Facebook and Amazon.
Alphabet this afternoon reported Q1 2019 net income of $6.6 billion on $36.33 billion in revenue. The stock is down over 7% in after-hours trading following a revenue miss. During the earnings call, Alphabet CFO Ruth Porat noted a similar decline for Pixel sales. Google also confirmed the May 7th hardware announcement for I/O 2019.
Alphabet today announced Q1 2019 earnings to start the new year with revenue of $36.33 billion. It notably takes into account the $1.7 billion fine levied by the European Commission over Google AdSense violations. These numbers range from January to March, and did not meet analysis expectations with the stock down over 4% in after-hours trading.
Alphabet’s relationship with Uber is wide-ranging and increasingly contentious. The ridesharing company filed its S1 today ahead of an initial public offering. A number of details about the relationship were revealed, including Uber’s usage of Google Maps and the Waymo threat.
DeepMind — quite prominently — claims to be the “world leader in artificial intelligence research.” AlphaGo and AlphaStar certainly lend credence to that title, but the Alphabet division’s end goal is artificial general intelligence (AGI). If it ever achieves that landmark accomplishment, DeepMind — and not its parent company — will reportedly retain control.
In other energy-related developments today, Alphabet’s Makani energy kite project is graduating from the X Moonshot Factory. It is partnering with oil and gas giant Shell to expand to offshore environments as part of becoming an independent Alphabet company.
Alphabet today announced its Q4 2018 earnings to wrap up the last fiscal year. Including the busy holiday season, Google and the other companies earned $39.27 billion, up 22% from the same quarter last year. These numbers range from October to December and slightly surpassed analyst expectations, but the stock is currently down 3.69% in after hours trading.
Last October, an investigative report detailed how Google shielded top executives like Andy Rubin following accusations of sexual misconduct. Instead of being explicitly fired, their departures included massive compensation packages. Alphabet shareholders today filed suit against the board of directors claiming “breaches of fiduciary duties.”
Retailers and tech companies like Alphabet and Amazon are exploring drones to more efficiently deliver goods to customers. Wing graduated from the X Moonshot Factory in July, but has been conducting tests for several years now. A new report details what living with the pilot program is like.
Technology has the potential to revolutionize healthcare over the coming years with Google internally spinning up a health division, while Alphabet has Verily. The latter today announced a strategic partnership with Walgreens on multiple projects to help patients with chronic conditions, and lower the cost of care.
Nine years since the Google Self-Driving Car Project began and over 10 million autonomous miles later, the company today announced the launch of Waymo One. The Alphabet division is launching the first public self-driving service in Phoenix, Arizona and fully detailing how hailing an autonomous vehicle works.
Back in July, Wing graduated from X to become its own independent company within Alphabet. After testing in Australia, the drone delivery division is expanding to Europe with a trial in Finland this spring.
One of Alphabet’s lesser known companies is focussed on reimagining cities for the future through “cutting-edge technology.” An experiment is underway to create this new kind of space in Toronto, with Sidewalk Labs this week publishing a draft site plan that dives into affordability, infrastructure, and sustainability.
Late last year, Eric Schmidt stepped down as Alphabet’s chairman, with the company appointing John Hennessy to the role. A former president of Stanford University, the chairman talked about Google’s China plans, Larry Page, and more in an interview with Bloomberg.
One of Verily’s first projects was to make contact lenses that could detect glucose levels from teardrops. Less invasive than fingertip blood pricks for people living with diabetes, the Alphabet company and partner Alcon today announced that it is putting that project “on hold” due to the diabetes premise not being suitable.
Back in 2013, Google went on a robotics shopping spree with seven acquisitions that included Boston Dynamics and a company called Schaft. That effort has so far yet to materialize, with robotics currently under Alphabet’s X. After failing to find a buyer, Alphabet is shutting down the company focused on bipedal robots.
Ahead of the busy holiday season, Alphabet has just reported its Q3 2018 results, with earnings of $33.74 billion — up 21% from the same quarter last year. These numbers range from August to September and did not beat analyst expectations.