Alphabet, Google’s parent company has become the King of the corporate cash pile after beating Apple the iPhone maker who had this title for the last decade, but reduced its financial reserves by $60bn in the past 18 months. Apple’s holding of cash and marketable securities, net of debt, has dropped to $102bn, down from…
Google’s parent firm Alphabet has posted a revenue of $39bn representing a year-over-year rise of about 19 per cent with a profit of over £7.27bn ($9bn) for the June quarter. It also announced shares repurchase of around $25 billion worth of stocks. Following the announcements the technology giant’s stock shot up nearly 9 per cent…
Google is launching its Stadia cloud gaming service at the Game Developers Conference in San Francisco today. Sundar Pichai says he plays FIFA 19 qutie a hit introduced the Stadia service during a special keynote at GDC this morning describing it as a platform for everyone. Stadia will stream games from the cloud to the…
China’s Great Firewall once a glorified porn filter has evolved into the most sophisticated system of online censorship in the world In China you can erase and delete all your Twitter posts after publishing a data analysis of government officials, plagiarised academic work. Over the past year, Beijing’s censors have for the first time tried…
Ericsson, Juniper and ECI telecom partnerships will allow it to compete with rivals such as Nokia and Huawei. Over the past two year Ericsson has sharpened its workforce to save over $1billion in costs. Cisco has teamed with Samsung while Verizon teams up with Apple and Google on 5G streaming. Although Ericsson formed a…
US car sales could strink from more than 17m last year to just 11.5m by 2025, about the same level seen in 2008-09 which caused GM and Chrysler to go Bankrupt and Ford to suffer a £11.2bn ($14.6bn) loss. GM after celebrating the world’s largest carmaker for the 76th straight year in 2007 on £19.25bn…
In Bristol 170 engineers are designing the world’s most complex next generation AI computer chips the size of the postage stamp, Colossus, which boasts 1216 processors designed for artificial intelligence applications from voice recognition to self-driving cars. Colossus named after computer used by cryptographers at Bletchley Park during the second world war, was top…
WhatsApp owned by Facebook which has more than 201m users in India, making the country its largest market by far has been under growing pressure from India and Australia to find ways to clamp down fake news, inflammatory and incendiary rumours circulating through its systems, especially after a series of lynch mobbings by crowds of…
In Zuboff ‘s view Google’s original aim of making all the world’s information accessible mutated into a ruthless domineering to make money by exploiting and modifying human behaviour, by serving up ads to users just when they are most susceptible to persuasion and generating wants they did not know they had. Google is following a…
JD.com a Chinese second largest e-commerce group is bought by Google for $550m, a deal for a less than 1 per cent stake is the latest step in a China Strategy whose core search engine has been effectively blocked in China since 2010. JD.com initially will offer its merchandise over Google’s shopping site before branching…