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Proposals would mark first time any of the software group’s core product falls behind a paywall
...— The extinction of American nuns (Baffler) — Morningstar looks back at 40 years of US mutual funds (Morningstar) — Exploring the mysterious alphabet of sperm whales (MIT News) — Stupidity is our destiny...
...Alphabet revenue jumped 15 per cent in the first quarter and it announced a dividend of 20 cents a share as earnings rose across its main business lines, pushing its shares 14 per cent higher in after-hours...
...Analysts also flagged improvements to Alphabet’s operating margin, which expanded to 32 per cent from 25 per cent a year ago, beating expectations for 29 per cent....
...Alphabet’s first-quarter revenue jumped 15 per cent, buoyed by a rise in earnings across its main business lines, and the company announced its first-ever dividend of 20 cents a share alongside a $70bn stock...
...Jim Tierney, head of US growth at AllianceBernstein, said that Alphabet’s first-quarter results reported on Thursday “didn’t lay the questions [about AI] to rest....
...The EU has launched probes into Apple, Alphabet and Meta in the first use of a landmark new law designed to rein in Big Tech’s market power....
...Advertising revenue accounts for almost 80 per cent of Alphabet’s top line....
...Ad revenue accounts for almost 80 per cent of Alphabet’s top line....
...Western automakers are cooked (Inside EVs) — Blackstone’s big gamble (Insider) — Exploring the mysterious alphabet of sperm whales (MIT) — Neom: Saudi forces ‘told to kill’ to clear land for eco-city...
...Microsoft is now worth more than $3tn compared with Alphabet’s of market cap of slightly less than $2tn....
...US stocks opened higher on Friday, boosted by strong gains for megacap technology groups following upbeat earnings reports from Alphabet and Microsoft....
...Shares in Alphabet dropped 8.5 per cent following the group’s results, which showed weakness in its cloud computing unit....
...US stocks closed lower on Wednesday as Alphabet had its worst day since the start of the Covid-19 pandemic....
...But the novelty of Alphabet’s new 20 cents-per-share dividend plus $70bn buyback programme eclipsed this....
...Asian equity markets followed Wall Street lower on Thursday after Alphabet led a sell-off in large US tech stocks. Japan’s Topix fell 1.5 per cent, while South Korea’s Kospi dropped 2.1 per cent....
...However, Alphabet’s overall revenue surpassed expectations, rising 11 per cent to $76.7bn, while earnings per share also beat forecasts, jumping 46 per cent to $1.55....
...Microsoft beat expectations for revenue and cloud sales, Alphabet shares rise by double-digits after first-quarter earnings beat expectations, markets are no longer fully confident of a US interest rate...
...Unsealed court documents revealed this week that Alphabet paid Apple $20bn in 2022 alone to be the default search engine for its iPhone and Safari browser on its other devices....
...However, Alphabet’s overall revenue surpassed expectations, rising 11 per cent to $76.7bn, while earnings per share also beat forecasts, jumping 46 per cent to $1.55. Read more here....
...Sundar Pichai, Alphabet and Google chief executive, said on Tuesday that there were “signs of stabilisation”....
...In Japan, legislation drafted by the country’s Fair Trade Commission does not name specific companies; rather, it focuses on unravelling the duopoly held by Apple and Google owner Alphabet, as their iOS...
...The EU this morning announced investigations into Apple, Alphabet and Meta in the first applications of its landmark Digital Markets Act....
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