Google is adding new rewards and banking features to its Google Pay wallet. Associated Press Alphabet Inc. will soon let customers apply for digital bank accounts though its Google Pay wallet as the internet giant dives deeper into financial technology. Google announced Wednesday that beginning in 2021, consumers will be …
Read More »The Ratings Game: Promise of transparency on Google Cloud results cheers Wall Street, Alphabet stock climbs
AP Google parent Alphabet Inc. shares broke with the broader market Friday, closing higher after the tech giant blew past Wall Street estimates with a return to revenue growth and a promise to be more transparent about cloud profitability. Alphabet GOOG, +3.43% GOOGL, +3.80% Class C shares, which had been …
Read More »Will videogames be the Achilles heel for Apple, Google in antitrust investigations?
It finally may be game on for antitrust actions against Big Tech. As gaming grows in stature in the lives of Americans during the pandemic, it has highlighted the extraordinary grip that two of the four tech companies under investigation have over the white-hot industry. Epic Games Inc.’s lawsuits against …
Read More »Google will no longer pay lobbyists that deny climate change, pledges zero emissions by 2025
Google parent Alphabet will cut ties with lobbyists and think tanks that deny accelerating man-made climate change, reacting in part to the global toll of the COVID-19 pandemic and heeding repeat complaints from employees and environmental activists. The search giant also announced plans to operate with zero emissions by 2025 …
Read More »MarketWatch First Take: Why Google finally disclosed YouTube revenue
After years of providing as little insight into the performance of its different businesses as it could, Alphabet Inc. executives finally divulged financial results from two of its most prominent segments Monday. The reason? They had to. Revenue-recognition rules that were approved in 2014 and went into effect at the …
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