alphabet
Google's parent company Alphabet benefited from a strong online advertising business in the past quarter. Revenue rose by 15% year-on-year to $80.5 billion, Alphabet announced after the close of trading on Thursday. Analysts had expected an average of only around $79 billion. Profit rose to $23.66 billion from just over $15 billion a year earlier. The share price jumped by more than 12% at times in after-hours trading. Alphabet announced a dividend of $0.20 per share for the first time - and also held out the prospect of further dividend distributions in the future. Google's advertising revenu...
DPA Breaking News
Die EU-Kommission eröffnet ein Verfahren gegen Apple, die Google-Mutter Alphabet sowie Facebooks Mutterkonzern Meta. Es soll geprüft werden, ob die Konzerne gegen EU-Regeln verstoßen haben, wie die Behörde mitteilte. So müssten die Online-Riesen die Zustimmung der Nutzer einholen, wenn sie deren personenbezogene Daten über verschiedene zentrale Plattformdienste hinweg kombinieren wollten. Die Kommission ist besorgt, dass Meta dies nicht ausreichend einhält. Empfindliche Strafen möglichDie Untersuchungen fallen unter das Gesetz über digitale Märkte (Digital Markets Act - DMA), das die Dominanz ...
DPA (German)
France’s competition regulator hit Google on Wednesday with a new €250 million fine tied to a long-running dispute over payments to French publishers for their news. The regulator said in a statement that it had issued the penalty because the tech giant had failed to meet certain commitments made in June 2022 “aimed at creating the conditions for balanced negotiations between publishers, press agencies and digital platforms”. The companies involved are parent company Alphabet Inc, Google LLC, Google Ireland Ltd, and Google France. One of the elements retained by the regulator is the use by Goo...
Euronews (English)
ValueWalk
The formidable league of the United States’ most colossal technology entities, known as The Magnificent Seven, has reached a market capitalisation of $13 trillion (€12.04 trillion), a figure that strikingly matches the aggregate gross domestic products (GDPs) of Europe’s four largest economies: Germany, the United Kingdom, France, and Italy. Such a comparison not only highlights their financial clout but also raises the question of whether this valuation is rational - or if we are witnessing a new economic reality. Bitcoin price predictions: How much more could the cryptocurrency rise in 2024?...
Euronews (English)
ValueWalk
Tl;drLa FTC ouvre une enquête sur les investissements des géants du numérique dans les startups d’IA générativeElle veut évaluer leur impact sur la concurrenceLes entreprises ont 45 jours pour répondreLe Royaume-Uni mène une investigation similaireUne enquête de grande envergureLa Commission Fédérale du Commerce (FTC) américaine vient d’annoncer une enquête majeure. Elle porte sur les investissements massifs des géants du numérique Microsoft, Amazon et Alphabet (Google) dans les startups de l’IA générative : OpenAI et Anthropic. Prévenir les effets indésirablesLina Khan, présidente de la FTC, ...
Begeek FR
San Francisco (AFP) - Google parent Alphabet and computing colossus Microsoft Tuesday reported that quarterly profits climbed on demand for cloud computing enhanced with artificial intelligence. Microsoft saw its shares rise more than 3 percent to $341.11 on earnings that underscored the momentum of its cloud business. Alphabet share prices, however, slipped more than 5 percent to $129.67 in after-market trades Tuesday despite beating overall earnings expectations as investors had evidently hoped Google Cloud would be doing better. "Google Cloud missed consensus revenue expectations on slowing...
AFP
San Francisco (AFP) - Tech titans Google and Microsoft announced better-than-expected earnings on Tuesday as the frenzy over artificial intelligence stokes investor excitement and breathes a new life into the sector. The release of ChatGPT last year landed as technology giants were embarking on major layoffs and cost-cutting plans, with share prices hammered after flying high during the coronavirus pandemic. For the second consecutive quarter, Microsoft has more than reversed the trend, seeing profits and sales soaring to the highest levels ever for the 48-year-old company co-founded by Bill G...
AFP
SemiconductorsSoftwareInternet & Computer ServicesSpecialized Consumer ServicesBroadline RetailersTelecommunicationsDefenseAutomotiveInvestors looking to boost their portfolio returns can start looking at these sectors for potential long-term growth. Key Drivers Of A.I. InvestmentsWhen investing for company growth, investors must understand the key drivers fueling the growing interest in the technology. For example: Potential to revolutionize company operations, enhance efficiency, reduce operating costs, and drive revenue growth. This includes automation and predictive analytics, personalized...
ValueWalk
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