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Articles Tagged:

alphabet

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Google workers have just announced an international union alliance

Google workers have just announced an international union alliance

Just shy of a month after Google workers in the US and Canada went public with the Alphabet Workers Union, Google employees across the globe have announced that they've formed a new global union alliance, The Verge reports. The Alpha Global coalition is comprised of 13 individual unions in 10 territories, including the United States, the United Kingdom, Switzerland, and more European states.

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Alphabet’s Project Loon goes down like a lead balloon

Alphabet’s Project Loon goes down like a lead balloon

As the old adage says, "what goes up must come down," and that's literally what's happening to Project Loon. Alphabet's X subsidiary (formerly Google X) was responsible for the idea of beaming internet to rural areas with the help of balloons, but CEO Astro Teller has announced that Loon will be winding down operations in the coming months.

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Google employees are forming a union

Google employees are forming a union

Silicon Valley could be facing its first major labor movement in the history of the technology boom: the Alphabet Workers Union, representing more than 225 employees across the company as well as temps and those with vendors and contractors in the United States and Canada, went public. The group, aligned with the Communications Workers of America, was formed in secret, tapping into years of built dissent that the corporation has failed to mitigate.

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Google wants to beam multi-gigabit internet to India’s most remote areas

Google wants to beam multi-gigabit internet to India’s most remote areas

Google’s got a bunch of nifty side projects going on that aim to make the internet accessible for all. Loon is one example, while the company’s drive to bring high-speed internet to Indian railway stations made some good headway before being discontinued. Now, the search giant wants to use light beams to bring the internet to some underserved regions in India. And to make it possible, Google is reportedly teaming up with a couple of local telcos.

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Google's stock is up 11% today as earnings beat expectations

Google's stock is up 11% today as earnings beat expectations

It's a big day for Google, and not just because the Pixel 5 is now available and the Pixel 4a 5G is up for pre-order. In fact, today's success probably has nothing to do with Pixels at all. Google parent company Alphabet just reported its third-quarter financial results, and numbers are looking good. So good, stocks are up 11% today.

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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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