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Industry Keyword: Alphabet

HomeKeywords:Alphabet

Google’s $2.1 billion Fitbit deal faces EU antitrust investigation

Google's $2.1 billion bid for fitness tracker manufacturer Fitbit will face a comprehensive EU antitrust investigation next week, people knowledgeable about the matter has said. KEY POINTS: Sources suggest Google's potential acquisition of wearables leader...

US lawmakers accuse Big Tech of crushing rivals to boost profits

Google and Facebook took the sharpest jabs from politicians at a much-anticipated congressional hearing that put four of America's most notable tech Chief Executives in the proverbial hot seat. KEY POINTS: CEO's of the top...

At big tech hearing, the non-denials speak louder than words

At Wednesday's hotly anticipated congressional hearing on 'Big Tech' Chief Executives, much of what they said was utterly predictable, namely we're not that big; the competition is fierce; and consumers adore us. What they did...

Australian regulator sues Google over personal data use

Australia's competition regulator has launched court proceedings against Google for allegedly misleading consumers about the enlarged use of private data for targeted advertisements. KEY POINTS: The Australian Competition and Consumer Commission has launched legal action...

Microsoft may face EU antitrust probe after Slack complaint

Microsoft may find itself in European Union regulators' cross-hairs after US workspace messaging app Slack complained about Microsoft embedding its workplace chat and video app Teams in its Office product. KEY POINTS: Microsoft may find...

Waymo expands its autonomous vehicle partnership with Fiat Chrysler

Alphabet Inc's self-driving car unit, Waymo and automotive titan Fiat Chrysler are expanding their autonomous vehicle partnership to commercial vehicles, and Fiat Chrysler will develop fully self-driving vehicles exclusively with Waymo going forward, the...

Why investors now worry about tech stocks

Some investors are getting increasingly worried about the outlook for technology and big growth stocks after a massive rally which has pushed the Nasdaq Composite index to record highs despite the coronavirus-inflicted economic damage. Few...

Google faces lawsuit over tracking in apps

Google records what people are doing on hundreds of thousands of mobile apps even when they follow the company's recommended settings for stopping monitoring, a lawsuit seeking class action status has alleged. KEY POINTS: A...

Google hit with 600,000 euro Belgian privacy fine

Google has received a fine from Belgium's data protection authority of 600,000 euros for not complying with European rules on a person's "right to be forgotten" online. KEY POINTS: Google is fined by Belgium's ADP...

Google commits $10 billion to accelerate Indian digital economy

Google has said it would spend around $10 billion in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. KEY POINTS: Alphabet...

YouTube not obliged to inform on film pirates, the EU’s top court says

YouTube is not required to hand over the Email or IP address of users who upload films illegally to its video platform, Europe's top court has ruled, saying there must be a balance between...

Zoom rolls out hardware subscription service

Zoom Video Communications has said it has launched a hardware subscription service, seeking to make its video calling app more accessible to users by allowing them to choose subscription options for telephones and meeting...