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Articles Tagged:

alphabet

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Alphabet Q2 revenues flat year-over-year as its businesses heal from coronavirus nadir

Alphabet Q2 revenues flat year-over-year as its businesses heal from coronavirus nadir

The financial casualties of coronavirus pandemic have been revealed across the companies of Alphabet as the group recorded a 30% tumble in net income in the second quarter compare with the same period the previous year. Still, with as many diverse holdings as it has, things aren't as bad for Google's parent company as they seem — at least for the time being.

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Alphabet revenues up modestly in Q1 as coronavirus sets up tough summer ahead

Alphabet revenues up modestly in Q1 as coronavirus sets up tough summer ahead

Alphabet managed to finish its first financial quarter a step ahead of last year, but the coronavirus pandemic will make its mark on the company in the months to come. As it makes resources available free to consumers, the company will be constricted in what it can do to respond to increased demand for its services.

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YouTube Premium and Music share 20 million subscribers, YouTube TV has over 2 million

YouTube Premium and Music share 20 million subscribers, YouTube TV has over 2 million

People are spending more time on YouTube and that means ad buyers are spending more cash to reach them. It also just so happens that a growing number of viewers are paying to avoid those commercials and even to watch non-YouTube programming. That's the picture parent company Alphabet is painting with its fourth-quarter earnings report.

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Sundar Pichai will succeed Larry Page as CEO of Alphabet, while continuing to serve as Google CEO

Sundar Pichai will succeed Larry Page as CEO of Alphabet, while continuing to serve as Google CEO

Back in 2015, Alphabet was established as the parent company to Google and its many project divisions. Amidst restructuring, Google's co-founder and then-CEO, Larry Page, moved to oversee Alphabet while the SVP of Products, Sundar Pichai, was promoted as the new CEO of Google. Today, the company has signaled another monumental shift in Alphabet's business structure by announcing that Pichai will be succeeding Page as the CEO of both Google and Alphabet.

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Google meets revenue expectations for Q3 2019, but still upsets investors

Google meets revenue expectations for Q3 2019, but still upsets investors

Google’s parent company Alphabet announced its financial results for the third quarter of 2019, surpassing revenue expectations. As one might expect, Google products were among the top performers, but everything wasn’t as breezy. Even though revenue is up, the profit margins have come down sharply, leaving investors with less money in hand than what was anticipated.

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Google reveals the Pixel 3a doubled its phone sales last quarter, because people like cheaper phones

Google reveals the Pixel 3a doubled its phone sales last quarter, because people like cheaper phones

Google parent Alphabet has reported a strong second quarter with revenues up to almost $38.9 billion, a 19% gain from the same period last year. Growth in its mobile search, YouTube, and cloud has strengthened in all regions and has helped turn over net income of $9.95 billion. There was also good Android news coming from the Pixel 3a.

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Google and Dish could be planning to form a mobile carrier, but Google denies report

Google and Dish could be planning to form a mobile carrier, but Google denies report

The Sprint/T-Mobile merger still has potential to materialize and it seems like we're in a holding pattern at the moment, waiting to see if it will be able to carve portions of its spectrum holdings off to another buyer to maintain the presence of a "fourth" national carrier. Satellite TV provider Dish looks to be the most apparent buyer in the market, but has notoriously been negligent to spend any money building a cellular network, perhaps holding lost hopes of being able to sell its portfolio to other carriers. Now, faced with the crisis of opportunity, the New York Post reports that Dish has been in talks with a board member of Alphabet to finally strike up a new carrier.

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Alphabet disappoints investors with 17% revenue growth in Q1

Alphabet disappoints investors with 17% revenue growth in Q1

Investors are reeling after Alphabet posted a 17% year-over-year gain in revenues, its slowest growth in 3 years. In its earnings report for the first quarter, the company underlined monetization challenges across Google and YouTube alongside the latest large fine it has had to deal with from the European Commission. In the end, the company achieved operating income of $6.6 billion, down 13%.

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Alphabet's Wing gains FAA license to fly drones for U.S. deliveries

Alphabet's Wing gains FAA license to fly drones for U.S. deliveries

It's a concept that's been teased by megacorporations for years yet has only had meaningful progress in recent years: delivery by drone. For Google, Project Wing was conceived some 6 years ago as a way to shoot dog food from a local warehouse to your house. Today, the FAA announced that Wing, now the bona fide Alphabet company, has become the first drone delivery company to receive an Air Carrier Certification, meaning that it can now legally do business in the United States.

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Alphabet's 2018 financial results show 23% increase in revenue and strong profits

Alphabet's 2018 financial results show 23% increase in revenue and strong profits

Google's parent company Alphabet has reported positive financial results for 2018, although stocks in the company still fell 3% in after-hours trading. An operating margin 3% lower than the 24% posted in Q4 2017 and higher expenditure are considered to be reasons for the drop-off, but Alphabet remains profitable.

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