News | Latest Breaking News Stories & Headlines

Google's advertising business, including YouTube, accounted for 81% of Alphabet's revenues in both 2020 and 2021

Alphabet inches closer to $2 trillion market value

Google-parent Alphabet inched closer to joining peers Apple and Microsoft in the elite $2 trillion market valuation club as the search giant's shares surged 10% today after another very strong quarter.

Business • 02 Feb 22

Google's advertising revenue rose 41% to $53.1 billion during the third quarter of 2021

Alphabet posts record Q3 profit on Google ad surge

Google owner Alphabet has reported higher than expected third-quarter ad sales, a sign that the business is overcoming new limits on tracking mobile users and that online shopping is as popular as ever heading into the Christmas season.

Business • 27 Oct 21

TikTok, which said in September that it has one billion active users, has fast become a phenomenon among youths and argued it is a different kind of platform

TikTok, Youtube and Snapchat questioned on child safety

Three social media networks massively popular with the youngest users -TikTok, Snapchat and YouTube - tried to convince skeptical US lawmakers they are safe as worry about Facebook's potential harms spills over to other platforms.

World • 26 Oct 21

Shares of Alphabet rose 3.3% in extended trading after the results

Google parent Alphabet reaches record quarterly revenue

Google parent Alphabet's quarterly revenue and profit surged to record highs, powered by a rise in advertising spending as more consumers shopped online.

Business • 28 Jul 21

Alphabet shares were up 0.5% in early trading

Google delays Chrome's blocking of tracking cookies

Google's Chrome web browser will not fully block tracking cookies until late 2023, the Alphabet company said today, delaying by nearly two years a move that has drawn antitrust concerns from competitors and regulators.

Business • 24 Jun 21

The probe will examine whether Google favours its own business, putting rivals, advertisers and online publishers at a disadvantage

EU regulators to investigate Google's adtech business

EU competition regulators have today opened an investigation into Alphabet unit Google's digital advertising business to examine whether the company favours its own business, putting rivals, advertisers and online publishers at a disadvantage.

Business • 22 Jun 21

Google made $147 billion in revenue from online ads last year, more than any other company in the world

EU regulators to probe Google's adtech business

Alphabet unit Google could face its biggest regulatory threat, with EU competition regulators set to open a formal investigation into its lucrative digital advertising business before the end of the year, said people familiar with the matter.

Business • 18 Jun 21

Germany's Federal Cartel Office said the probe would consider whether the tech giant offers users enough choice in how it uses their data

German competition watchdog probes Google over data use

Germany's competition watchdog has launched a probe into whether Google Germany, Google Ireland and its parent company Alphabet are exploiting their market dominance in the way they handle data, it said today.

Business • 25 May 21

Alphabet shares rose about 4.3% to $2,390.10 in extended trading on Wall Street last night

Alphabet reports record quarterly results

Google parent Alphabet last night reported record profit for the second consecutive quarter and a $50 billion share buyback but warned a surge in usage and ad sales during the pandemic may slow as people resume in-person activities.

Business • 28 Apr 21

Alphabet shares jumped about 8% to $2,067 in extended trading on Wall Street last night

Alphabet's Google posts record sales on ad boost

Google parent Alphabet has topped quarterly sales expectations for its advertising and Cloud businesses, helped in part by the pandemic, and said it will resume big spending on hiring and facility construction.

Business • 03 Feb 21

The new EU rules are a bid not just to rein in tech giants but also to prevent the emergence of anti-competitive dominant companies

US tech giants face fines as EU unveils new rules

The European Union has unveiled tough draft rules targeting tech giants like Google, Amazon and Facebook, whose power Brussels sees as a threat to competition and even democracy.

Business • 15 Dec 20

Google parent Alphabet has powered back to sales growth, beating analysts' estimates for the third quarter

Alphabet sales growth revived as advertisers come back

Google parent Alphabet last night said it powered back to sales growth, beating analysts' estimates for the third quarter as businesses initially hobbled by the coronavirus pandemic resumed advertising with the internet's biggest supplier of ads.

Business • 30 Oct 20

Amazon, Apple, Facebook, Twitter and Google-parent Alphabet are all slated to disclose how their businesses faired in the third quarter of this year tonight

Solid Big Tech earnings expected despite politics

A powerhouse line-up of earnings releases later this evening is expected to show that giants of Big Tech are on firm financial footing despite turbulent politics and the coronavirus pandemic.

Business • 29 Oct 20

Google looks likely to face a competition case in the US over its dominance in the digital advertising market

Google working with rivals in face of competition suit

Small rivals of Alphabet's Google say signs are emerging of more benevolent behavior from the online advertising leader amid accusations by the US government and states that the company uses its dominance to thwart competition.

Business • 02 Oct 20

Alphabet CEO Sundar Pichai said the new product is called Google News Showcase

Google to pay publishers $1 billion for their news

Alphabet's Google plans to pay $1 billion to publishers globally for their news over the next three years, its CEO said today.

Business • 01 Oct 20

Tensions between big tech companies and the Australian Competition and Consumer Commission are growing

Google goes public with rebuke on Australia law

Internet giant Google has criticised proposed Australian competition laws, saying its free search service would be "at risk" and users' personal data could be shared if it is made to pay news organisations for their content.

Business • 17 Aug 20

Alphabet sales see first drop on Google ad cutbacks

Google parent Alphabet's quarterly sales fell for the first time in its 16 years as a public company, but the 2% slide was less than expected as many advertisers stuck with the world's most popular online search engine during the pandemic.

Business • 30 Jul 20

Google to keep employees at home until summer 2021

Google will allow most employees to work from home until July 2021 in response to the ongoing coronavirus pandemic, the tech giant said today.

Business • 27 Jul 20

Alphabet's chief executive's Sundar Pichai

Google ad sales now steady after coronavirus drop

A drop in Google ad sales steadied in April and some consumers returned to using the search engine for shopping in addition to finding novel coronavirus information, parent Alphabet has said, sparking an 8% rally in shares on Wall Street last night.

Business • 29 Apr 20

Google last year announced its acquisition of Fitbit as it tries to strengthen its challenge to Apple and Samsung

Google's Fitbit takeover 'could pose privacy risk'

Alphabet-owned Google's $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board has warned, adding its voice to other critics of the deal.

Business • 20 Feb 20

Google has called on Europe's second-top court to throw out its 'eye-catching' €2.4 billion EU competition fine

Google slams EU over $2.6 billion competition fine

Google has called on Europe's second-top court to throw out what it called an eye-catching €2.4 billion EU competition fine, saying there was no factual or legal basis to the inflated amount.

Business • 14 Feb 20

Alphabet's Sundar Pichai addressed a conference panel at the World Economic Forum in Davos today

Alphabet CEO eyes major opportunity in healthcare

Sundar Pichai, the CEO of Alphabet and its Google subsidiary, said that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to improve outcomes.

Business • 22 Jan 20

Which company just hit $1 trillion? Google it.

As Google-parent Alphabet has become the fourth US company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

Business • 17 Jan 20

Fitbit shares rose 27% on the news of the possible Google bid last night

Alphabet in bid to buy Fitbit - sources

Google owner Alphabet has made an offer to acquire US wearable device maker Fitbit, as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter have said.

Business • 29 Oct 19

Profits at Google's parent Alphabet drop 23% in third quarter

Google parent Alphabet quarterly profit misses mark

Google parent Alphabet last night reported a sharp drop in profit over the past quarter as it ramped up spending for a wide array of new gadgets and services.

Business • 29 Oct 19