Alphabet

DeepMind Technologies Limited is a British artificial intelligence company founded in September 2010.  Acquired by Google in 2014, the company has created a neural network that learns how to play video games in a fashion similar to that of humans, as well as a Neural Turing machine, or a neural network that may be able to access an external memory like a conventional Turing machine, resulting in a computer that mimics the short-term memory of the human brain.

DeepMind

YouTube is an American video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—in February 2005. Google bought the site in November 2006 for US$1.65 billion; YouTube now operates as one of Google's subsidiaries.

YouTube

Android is a mobile operating system developed by Google, based on a modified version of the Linux kernel and other open source software and designed primarily for touchscreen mobile devices such as smartphones and tablets. In addition, Google has further developed Android TV for televisions, Android Auto for cars, and Wear OS for wrist watches, each with a specialized user interface. Variants of Android are also used on game consoles, digital cameras, PCs and other electronics.

Android

Nest Labs is a home automation producer of programmable, self-learning, sensor-driven, Wi-Fi-enabled thermostats, smoke detectors, security cameras, and other security systems. It introduced the Nest Learning Thermostat in 2011 as its first product. The Nest Protect smoke and carbon monoxide detector was then introduced in October 2013. After the acquisition of Dropcam, the rebranded Nest Cam was introduced in June 2015. Finally, in July 2016, the Nest Cam Outdoor was released.

Nest Labs

Boston Dynamics is an American engineering and robotics design company founded in 1992 and headquartered in Waltham, Massachusetts, and is a wholly owned subsidiary of the Japanese conglomerate SoftBank Group. Boston Dynamics is best known for the development of BigDog, a quadruped robot designed for the U.S. military with funding from Defense Advanced Research Projects Agency (DARPA), and DI-Guy, software for realistic human simulation. Early in the company's history, it worked with the American Systems Corporation under a contract from the Naval Air Warfare Center Training Systems Division (NAWCTSD) to replace naval training videos for aircraft launch operations with interactive 3D computer simulations featuring DI-Guy characters. The company is a pioneer in the field of robotics and it is one of the most advanced in its domain. Marc Raibert is the company's president and project manager. He spun the company off from the Massachusetts Institute of Technology in 1992.

Boston Dynamics

Alphabet, Inc. is a holding company, which engages in software, health care, transportation, and other technologies. It operates through the following segments: Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment refers to infrastructure and platform services, collaboration tools, and other services for enterprise customers. The Other Bets segment relates to the sale of healthcare-related services and internet services. The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015 and is headquartered in Mountain View, CA.

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Alphabet addresses revenue challenges, bets big on AI innovation

Alphabet navigated revenue challenges in Q4 2022, emphasizing AI opportunities and cost efficiency. The company is focused on innovation, cost reengineering, and sustainable growth across its divisions. Strategic investments in AI, hardware, and Other Bets are key priorities.

Alphabet excels in Q1 with strong Search and Cloud performance

Alphabet's Q1 performance reflects strength in Search, Cloud, and YouTube segments, with a focus on AI and innovation.
Challenges include economic headwinds, expense management, and profitability in Other Bets segment.
Opportunities for growth lie in AI development, Shorts monetization, and evolving partnerships for sustainable growth.
Alphabet emphasizes innovation, user value, and expense optimization to drive long-term profitability and growth.

Alphabet (GOOG) reports strong Q2 earnings driven by Search and Cloud innovation

Alphabet's Q2 performance reflects revenue growth and operational efficiency improvements. The company's focus on innovation in AI and cloud services positions it well for future growth. Challenges in the Other Bets segment and infrastructure investments require strategic management.

Alphabet (GOOG) reports robust Q3 performance amidst AI-driven innovations

Alphabet's Q3 performance showcased strong revenue growth, driven by key segments like Search, YouTube, and Cloud, supported by AI advancements and hardware innovations.
While facing challenges related to geopolitical impacts on advertising and margin concerns, Alphabet's strategic strengths in AI integration, responsible deployment, and diversified revenue streams position it well for future growth.
Opportunities in leveraging AI for advertising efficiency, expanding AI-driven capabilities, and navigating privacy regulations present avenues for Alphabet to drive innovation, revenue growth, and market leadership.
With a focus on customer adoption, technological advancements, and strategic partnerships, Alphabet remains poised to capitalize on its strengths, address challenges, and seize opportunities for sustainable growth.

Alphabet posts strong Q4 earnings driven by AI and cloud growth

Alphabet's Q4 performance reflects robust revenue growth, profitability, and strategic focus on AI, subscriptions, and cloud services.
Strengths in Google Services and YouTube ads underscore revenue diversification and innovation, while challenges in Other Bets and rising costs warrant attention.
Opportunities abound in AI-driven growth, product expansion, and infrastructure investments, positioning Alphabet for continued success and market leadership.

Alphabet (GOOG) reports robust Q1 earnings, eyes $100B YouTube and Cloud run rate

Alphabet's Q1 2024 earnings call highlighted strong revenue growth, AI leadership, and innovation in Search, YouTube, and Cloud. Despite facing challenges in cost management and Cloud adoption, the company is leveraging its strengths in AI and efficiency to drive positive user engagement and monetization. With a focus on research and innovation, Alphabet is well-positioned for future growth and opportunities.

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The job cuts took place across several divisions, including Google's core engineering team.

Google lays off hundreds of workers as AI race heats up

Google parent Alphabet Inc (NASDAQ:GOOG) may have to stump up nearly €2.5 million in antitrust fines handed out by the European Commission over its anticompetitive shopping practices. In 2017, the Commission determined that the results of product searches made using Google's general search engine were positioned and displayed in a more eye-catching manner when the results came from Google's own comparison shopping service than when they came from competing comparison shopping services.

Google Alphabet's EU antitrust bill exceeds eight billion euros

Alphabet's Google Cloud said on Thursday its customers who want to migrate their data to another cloud provider will not have to pay any network fees to make the transfer.

Google Cloud removes data transfer fees when clients switch to rivals

Google's cloud group says clients should be free to move their data around without facing harsh penalties from tech vendors

Google challenges cloud rivals by making it free for customers to transfer data when they leave

Amazon

Blackrock Inc

Xerox

Google, Amazon, BlackRock and Xerox are among those announcing layoffs in the new year.

The Companies Cutting Jobs in 2024: Here's the List

Google cut several hundred jobs across the company late Wednesday across engineering and hardware teams.

Google cuts hundreds of jobs across engineering, hardware teams

Google parent Alphabet (NASDAQ: GOOG , NASDAQ: GOOGL ) is starting 2024 off with a raft of pink slips as the Cloud Czar looks to focus on artificial intelligence (AI). Hundreds of people working on its voice interface, the Google Assistant, are among those seeking new jobs.

Google Layoffs 2024: What to Know About the Latest GOOG Job Cuts

Victoria's Secret & Co

Victoria's Secret & Co. said Thursday it's teaming up with Alphabet's Google Cloud Vertex AI unit to offer an online chatbot to provide personalized advice to shoppers.

Victoria Secret launches AI effort with Google for online shopping chatbot to offer quick, customized help

Google is reportedly laying off hundreds of workers in its ongoing cost-cutting campaign. The tech giant plans to cut positions in its voice assistant business, as well as hundreds more among the hardware team behind its Pixel, Nest and Fitbit products, Reuters reported Wednesday (Jan. 10).

Google Slashes Hundreds of Jobs as Companies Prioritize AI

Apple

Chewy

Moderna

A well-thought-out portfolio could help you win this year and over time. It's crucial to diversify your investments and invest for the long term.

The Best Places to Invest $100,000 in 2024

The departures include the co-founders of wearables company Fitbit.

Google Follows Amazon in Slashing Jobs. Why AI Is Getting the Blame.

Amazon and Alphabet both have solid track records of earnings and share price performance. These giants could benefit from their leadership in their markets well into the future.

2 Top Stock-Split Stocks to Buy for 2024

Alphabet's Google, Amazon and Airbnb need not comply with an Italian rule requiring them to provide information on the companies as they are already subject to laws in Ireland and Luxembourg where they are located, an adviser to Europe's top court said on Thursday.

EU court adviser sides with Google, Amazon in Italian rule spat

Google has laid off hundreds of workers, joining tech companies including Amazon.com in reducing employee count in the new year.

Google cutting hundreds of jobs, reports say

Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.

Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive

Alphabet unit Google's 2.42-billion-euro ($2.65 billion) EU antitrust fine should be upheld by Europe's top court, an adviser to the court said on Thursday.

EU court should back Google's $2.7 bln EU antitrust fine, court adviser says

Google laid off hundreds of employees across multiple divisions—including its hardware and engineering divisions—on Wednesday night, joining other tech companies like Amazon and Unity in announcing sizeable job cuts at the start of the year.

Hundreds Of Layoffs Hit Google's Engineering, Voice Assistant And Hardware Divisions

The Advocate General of the European Court of Justice will on Thursday publish a long-awaited opinion on a contested 2.4-billion-euro ($2.6-billion) fine that Brussels slapped on Google for anti-competitive practices.

Google awaits EU legal opinion on 2.4-bn-euro fine

Google is culling hundreds of jobs in its AR (augmented reality) hardware and voice assistant businesses according to reports overnight. Exact details of the numbers involved were not released by the search engine giant, but the reports indicated that ‘a few hundred' had gone in each division.

Google cuts hundred of jobs in AR restructure

Google laid off hundreds of staff working on their devices and services. The affected staff include those working on Google Assistant and activity tracker Fitbit.

Google has laid off hundreds of staff who were working on its voice-activated assistant

Google is laying off hundreds of employees across multiple divisions including engineering and services. The affected divisions include voice-activated Google Assistant as part of the knowledge and information product team restructuring; and the Devices and Services PA (DSPA) team that manages Pixel, Nest, and Fitbit hardware.

Google cuts hundreds of jobs in its voice assistance, hardware teams as Fitbit founders leave

The company, which has been working to trim expenses, laid off employees who worked on core engineering, the Google Assistant product and hardware such as the Pixel phone.

Google Cuts Hundreds of Jobs in Engineering and Other Divisions

Alphabet's Google said on Wednesday it is laying off hundreds of people working on its voice-activated Google Assistant software and is eliminating a similar number of roles in the company's Devices and Services team.

Google lays off hundreds working on Assistant software, other parts of company

CrowdStrike

UiPath

As we enter into the new year, we need to start looking into how we can make changes to our portfolio. One thing is unlikely to change from last year though.

3 AI Stocks Primed for a Breakout in 2024

This stock has demonstrated profitable growth, operates in a massive industry, and sells at an attractive price.

News for Alphabet Stock (GOOG)