Alphabet

Microsoft races ahead of Google in profiting from Generative AI as Alphabet struggles with cloud

Microsoft has surged ahead of Alphabet, raising concerns about Google's stake in the cloud-computing market. Microsoft's strategic early investments in OpenAI and a focus on large corporate clients have driven its success, while Alphabet is struggling

Google made $77 billion in July-September this year, but investors are unhappy. Here’s why

Google exceeded their revenue expectations from its search and ad businesses between July-September this year. They made $44 billion against a projection of $43.2 billion. However, their cloud services fell short, with an operating income of $266 million, against a projection of $434 million

Is YouTube Dying? Short videos may destroy business, kill platform, worry Google staffers

YouTube may be dying a slow death, all because of YouTube Shorts, fear people working at the platform. Shorts is cannibalising long form video content, from which YouTube gets most of its revenue. Alphabet so far has failed to monetise Shorts in a meaningful way

‘Taking home $226 million while laying off 12,000 staff’: Employees point out irony of Sundar Pichai’s massive pay check

The huge pay disparity comes at a time when Alphabet, the parent company of Google, has been cutting a large number of jobs globally. The California-based company announced plans to cut 12,000 jobs around the world in January, equivalent to almost 6% of its global workforce

US lawmakers introduce bipartisan bill to help media negotiate with Big Tech

The bill was introduced by Democratic Senator Amy Klobuchar, chair of the Senate Judiciary Committee's antitrust subcommittee, along with Senator John Kennedy, a Republican

Bipartisan US lawmakers introduce bill aimed at Google, Facebook ad clout

The bill targets Alphabet's (GOOGL.O) Google and Meta's (META.O) Facebook, as well as Amazon.com (AMZN.O) and Apple (AAPL.O), according to Senator Mike Lee's office

Severance pay, bonus and health insurance: What Google is offering laid-off US employees

Alphabet CEO Sundar Pichai in an email said he was ‘deeply sorry’ about the job cuts and that US employees would receive 16 weeks of salary plus two weeks for every additional year at Google, their 2022 bonus, paid vacations, and six months of health insurance

Google's parent company Alphabet to lay off 12,000 globally

The job cuts mark the latest to hit the technology sector and come within days of rival Microsoft Corp announcing it would lay off 10,000 workers. Online retail giant Amazon on Wednesday began the process of laying off nearly 18,000 staff—the largest ever termination move in its history

Explained: Why New Zealand is mulling a law to make Facebook, Google pay for news

After Australia and Canada, New Zealand is planning to introduce a law that will require Google and Meta to pay media organisations for news that appears on its feeds. Do tech giants benefit unfairly from news shared on their platforms?

Google’s parent company Alphabet to layoff 6 per cent or about 10,000 “low performing” employees

Google is expected to carry out the assessment over the next month, place some employees on a performance improvement plan, and start laying off people in early 2023.