Alphabet Inc
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Google's Sundar Pichai receives $200 million amid mass layoffs
Fp Staff •The sum has left many in shock as Alphabet, the parent company of Google has been cutting jobs globally, The Mountain View, California-based company announced plans to cut 12,000 jobs around the world in January, equivalent to 6 per cent of its global workforce
South Korea fines Google $32 million for blocking release of games on rival's platform
Fp Staff •Korea Fair Trade Commission (KFTC) said Google tried to block Korean platform rival One Store Co.'s business development
Second massive setback for Google in 2 days, US court sanctions Google in privacy case
Mehul Das •For a second time this week, Google has faced a massive legal setback in the US. Earlier this week, a judge found that Google had lied to the court and destroyed evidence in an antitrust case. Now, in a separate issue, Google failed to comply with a court order from 2022.
Google's parent company Alphabet to lay off 12,000 globally
Fp Staff •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
Apple becomes first US company to hit $3 trillion market value, then slips back slightly
•The iPhone maker scaled the record level near 1845 GMT, reaching $182.88 a share before slipping back slightly.
Google ads, cloud boost Alphabet Inc's profits to $15.2 billion in Q4 2020
•Alphabet earned $15.2 billion on revenue of $56.9 billion during the October-December period.
Google rolls out a new feature that will show description of websites appearing in search results
Trendingdesk •Users will get a description of the website from Wikipedia that would provide reliable and free information on tons of websites available on the web.
US states sue Google for abusing market power, allege illegal deal with Facebook to manipulate sales
•Texas attorney-general Ken Paxton announced the suit, which was filed in a federal court, saying Google is using its 'monopolistic power' to control pricing of online advertisements
Facebook, Twitter and Google suspend the processing of Hong Kong government data requests
•Two of the tech giants said they suspended their reviews of data requests from Hong Kong authorities immediately after the new national security law came into effect last week
Google mulling stake in Vodafone Idea positive, but inadequate to solve telcos' debt woes: Analysts
•A potential investment by Google into cash-strapped Vodafone Idea (VIL), if materialises, will be a strategic positive for the Indian telecom operator, but a five percent stake would be still be inadequate to solve the telcos' debt problems, analysts said on Friday