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Alphabet Inc

Wall Street rises

Wall Street rises

NEW YORK: US stocks closed out Wednesday’s session with modest gains as recent comments from Federal Reserve...
Published 28 May, 2021 04:08am
Google to open first physical store in New York this summer
Technology

Google to open first physical store in New York this summer

  • The Google store will be located in the city's Chelsea neighborhood near the its New York City campus, which houses over 11,000 employees.
  • The announcement signals the internet giant has taken a leaf out of Apple's play-book of operating physical stores and providing in-person services to boost sales.
Published 20 May, 2021 08:52pm
Alphabet pushes S&P 500 to record high, props up Nasdaq
Markets

Alphabet pushes S&P 500 to record high, props up Nasdaq

  • Alphabet jumps on record profit, plans $50 billion buyback.
  • Communication services leads gains among S&P 500 sectors.
  • Boeing falls on wider-than-expected quarterly loss.
  • Microsoft shares down on valuation.
  • Indexes: Dow down 0.44%, S&P up 0.19%, Nasdaq up 0.13%.
Published 28 Apr, 2021 09:08pm
US Supreme Court sides with Google in major copyright dispute with Oracle
World

US Supreme Court sides with Google in major copyright dispute with Oracle

  • In a 6-2 decision, the justices overturned a lower court's ruling that found Google's inclusion of Oracle's software code in Android did not constitute a fair use under US copyright law.
  • Google had appealed a 2018 ruling by the US Court of Appeals for the Federal Circuit in Washington reviving the suit.
Published 05 Apr, 2021 07:38pm
Australian media firms squeeze more from Google as new law looms
World

Australian media firms squeeze more from Google as new law looms

  • Dwarfs the $76 million Google will split between 121 publishers in France over three years, which averages $209,000 a year per publisher
  • The Australian deals come days before the government plans to pass laws that would allow it to appoint an arbitrator to set Google’s content fees if it can’t strike a deal privately
Published 18 Feb, 2021 11:28am
Futures rise on strong results from Alphabet, Amazon; private payrolls data on deck
Markets

Futures rise on strong results from Alphabet, Amazon; private payrolls data on deck

  • Amazon.com Inc edged 0.4% higher as its founder Jeff Bezos would step down as CEO and become executive chairman. The retail giant also reported quarterly sales above $100 billion for the first time.
  • More than 80% of reports from S&P 500 companies so far have surpassed analysts' earnings expectations, with 97% of reports from technology companies beating.
Published 03 Feb, 2021 05:17pm