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Business 6 years ago
US lawmakers accuse Big Tech of crushing rivals to boost profits
Google and Facebook took particularly sharp jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of America’s most prominent tech CEOs in the hot seat.
Business 6 years ago
Google ad sales steady after coronavirus drop; Alphabet leads tech share rally
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 Inc said on Tuesday, sparking an 8% rally in shares.
Science & Tech 6 years ago
Google-parent Alphabet to donate $800 million in response to coronavirus crisis
Alphabet Inc will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses, Chief Executive Officer Sundar Pichai said on Friday.
Business 6 years ago
Which company just hit $1 trillion? Google it.
As Google-parent Alphabet Inc became on Thursday the fourth US company to top a market value of more than US$1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
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