Exxon Mobil’s fund surpassed Alphabet’s for the first time since 2018, proving the oil giant is back in the big leagues, just a year after one of the biggest shareholder shakeups in corporate history. Exxon, which lost money for the first time in its history during the pandemic, now ranks as the S&P 500’s third-largest […]
Tag: Alphabet
These 10 shares of the S&P 500 ‘burned’ 4.1 trillion. investment money in the first half of 2022
The first half of 2022 ends today and investors say goodbye to it with relief, as they are not expected to miss it: during it, the S&P 500 index fell by 21.4%. But which of his shares suffered the heaviest losses, along with those that held them in their portfolio? The following are the 10 […]
Google: Fined in Russia for not downloading banned content
Russian telecommunications regulator Roskomnadzor announced on Tuesday that it had filed two administrative lawsuits against Alphabet Inc’s, Google’s parent company, for failing to remove banned information from its platform, accusing it of promoting blatantly false news. Roskomnadzor announced that Google could be fined 8 million rubles ($ 91,533) or a fine of up to 20% […]
Google: Acquires cybersecurity company Mandiant for $ 5.4 billion
The acquisition of cybersecurity company Mandiant Inc. for $ 5.4 billion in cash was announced on Tuesday by Google, a subsidiary of technology giant Alphabet, as its cloud-based business launches. The offer of $ 23 per share of Google indicates a premium of about 53% against the share price of Mandian before the news that […]
Can artificial intelligence already program at the level of an average specialist? DeepMind AlphaCode AI performs well in competition
DeepMind, an AI lab owned by Alphabet, has created an AI that can write computer code at the level of not the worst programmer. AlphaCode AI has been field tested by participating in Codeforces contests. According to the results, AI turned out to be at the level of the average participant. To be more precise, […]
Alphabet: The profits and revenues of the fourth quarter exceeded the estimates
Analysts ‘earnings and profits for the last quarter exceeded analysts’ estimates, as reported by foreign news agencies. In particular, Google’s parent company announced that total sales jumped 32% to $ 75.3 billion in the last quarter, easily exceeding analysts’ estimates for $ 72 billion. Google’s revenue was $ 74.9 billion, compared with analysts’ estimates of […]
Russian orthodox channel owner on US sanctions list wins lawsuit against Google
Russian businessman Konstantin Malofeyev, owner of the Christian Orthodox channel Tsargrad TV, has won a lawsuit against Google in a Russian court, saying the US information technology giant is now facing a potentially heavy fine. Alphabet’s Google had filed a lawsuit in a Russian court, which ordered it to unblock its Tsargrad TV YouTube account, […]
Russia fines Google and Telegram again for not deleting ‘banned’ content
A Moscow court today fined Alphabet Inc. Google’s 2 million rubles (24,259 euros). because it did not delete content that Russia considers banned, in the context of a wider dispute between Moscow and the American technology giant. Russia has fined Google a percentage of its annual Russian turnover for repeatedly failing to remove banned content […]
Data transmission over the air using lasers. Alphabet launched a new project Taara
Subdivision of holding Alphabet with the laconic name X, which was previously known as X Lab, has revealed details of a new experimental project – Taara. Taara is a project exploring medium-range wireless transmission as an alternative to fiber. The project appeared as an offshoot of Project Loon. The latter, we recall, was closed this […]
Alphabet’s quarterly revenue approached $ 62 billion, net income exceeded $ 18.5 billion
Alphabet Holding has published its report for the second quarter of 2021. Revenue for the reporting period was $ 61.880 billion. In annual terms, this indicator increased by 62% (if we take into account the change in the exchange rate – by 57%). Operating income for the year rose from $ 6.383 billion to $ […]