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...Alphabet’s market value surged 11 per cent on Friday to more than $2tn after Google’s parent company announced its first-ever dividend and reported strong growth across its main business lines....
...Other top donors to Tell It Like It Is included billionaire investors Stanley Druckenmiller, Jeff Yass, Cliff Asness and Bill Ackman, as well as DraftKings CEO Jason Robins, Arizona Cardinals owner Michael...
...The moves are the biggest overhaul in Google parent Alphabet’s structure since the merger of its DeepMind and Google Brain AI units a year ago....
...Events: Joe Biden will make campaign stops in Arizona as he aims to gain support ahead of the US presidential election in November....
...The New York-based firm raised a $12.7bn fund in 2021 and has built stakes in TikTok parent company ByteDance, fast-fashion company Shein and payments company Stripe....
...That compares with combined orders of more than 700,000 last year in Phoenix, San Francisco and Los Angeles, according to Waymo, the self-driving car developer of Google’s parent company Alphabet....
...Previous accidents have slowed down but not stopped development of autonomous cars, including a fatal crash in Arizona in 2018. Concern for public safety is high, but so is public curiosity....
...Shares in Alphabet, Google’s parent company, hit record highs in January amid a broader surge in tech stocks....
...Google parent Alphabet lost $100bn in market value on a single day when the bot gave the wrong answer to a question during a demonstration....
...TikTok’s surging revenue in the US and around the globe has put its parent company on track to overtake Facebook owner Meta as the world’s largest social media company by sales....
...Meta, the parent company of Facebook, Instagram and WhatsApp, reduced depreciation expenses by $860mn in 2022, which added $693mn to net income that year....
...Diamond will publish its targeted valuation as a reorganised company in the coming weeks....
...The US vs TikTok The US House of Representatives has passed a bill that would ban TikTok in the country unless it cuts ties with its Chinese parent company ByteDance within six months, Nikkei Asia’s Yifan...
...The carmaker lost more than $1.4bn in the first three quarters last year and remains reliant on sales to other businesses owned by its parent company Vingroup....
...Pichai said that the company was making “exciting progress” on AI, “and [there is] lots more to come”....
...Both companies are keeping quiet. However large, the payment is at risk....
...In the meantime, the Facebook parent’s push into smart glasses reflects Meta’s renewed focus on AI....
...Take Google’s parent company Alphabet, which reported investments in nearly 50 companies in its last 13F. Many are medtech or biotech companies, including Decibel Therapeutics and Fulcrum Therapeutics....
...General Atlantic, which manages more than $77bn, is best known for backing fast-growing technology and consumer companies, including TikTok’s parent company ByteDance....
...The fundraising demonstrates the company’s evolution since the brothers’ parents remortgaged their home to provide start-up capital. The Beahon brothers remain Castore’s largest shareholders....
...Three years ago, gaming company Epic attempted to swerve the charges. In response, Apple and Google removed its Fortnite app from stores. Epic sued both companies....
...Within Google’s parent company Alphabet, a bump in Pixel sales helped the “Other” category generate 11 per cent of total revenues in the past quarter, up from 9 per cent in the same period of last year....
...The C$100mn (US$73.6mn) pact ends a six-month stand-off following the passage of an online news law designed to funnel some of the cash that Google and Meta, the parent of Facebook and Instagram, make from...
...In the US, Cruise has been racing against Tesla and Waymo, part of Alphabet, to develop robotaxi services, and parent GM has set an ambitious revenue target of $1bn by 2025....
...When VMware was spun off from Dell Technologies in 2021, it then paid its former parent company a special dividend of more than $9bn that was used to repay the large debts Dell and Silver Lake had accumulated...
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