Today, 9:30 AM
- Officials have raided Google's (GOOG, GOOGL) Madrid offices barely a month after the internet company had its headquarters in France searched on suspicion of tax evasion.
- A spokeswoman for Google said the company complied with fiscal legislation in Spain just as it did in all countries where it operated and was working with authorities to answer questions.
Today, 9:18 AM
- Vestas Wind Systems (OTCPK:VWDRY) says it received an order for 22 turbines to be installed at the Lyrestad wind park in Mariestad, Sweden, with power produced from the development sold to Google as part of the tech company's drive to power its entire operations on clean energy.
- Combined with a similar agreement with a new 50-turbine project in Stavanger, Norway, Google says the two new wind farms will provide 236 MW of energy and that it has signed long-term contracts to purchase all energy produced from both projects.
- Google says it now has seven wind power purchase agreements in Europe, totaling more than 500 MW, and 18 such deals globally.
Tue, Jun. 28, 3:07 AM
- The EU is taking steps that could lead to a third antitrust complaint against Google (GOOG, GOOGL), this time over its dominance in advertising.
- Margrethe Vestager, the bloc's antitrust chief, has already filed formal antitrust charges against the tech giant for allegedly skewing its search results to favor its own shopping service, and more recently in April, over Google's conduct with its Android mobile-operating system.
Mon, Jun. 27, 3:40 PM
- In a new setback for computer users, Google (GOOG -0.9%, GOOGL -0.5%) and Viacom (VIA -5.5%, VIAB -5.3%) prevailed in a lawsuit over children's Web privacy, though Viacom will still face one charge tied to the case.
- The two companies won on appeal of a class action suit that had charged them with illegally tracking children under 13 who visited Nickelodeon's website.
- That largely upholds a January 2015 ruling, but resurrects one state-law claim against Viacom saying the company promised not to collect children's info on Nick.com but did so anyway. That claim is remanded to a New Jersey District Court Judge.
Mon, Jun. 27, 7:45 AM
- Looking to shake-up the smartphone market, Alphabet (GOOG, GOOGL) is in discussions with mobile operators about releasing a Google-branded phone that will extend the company's move into hardware, sources told The Telegraph.
- The new device will likely be released by the end of the year.
- Google already endorses a range of handsets made by partners under the Nexus brand, but leaves manufacturing to other companies so it can concentrate on developing its Android software.
Sun, Jun. 26, 5:31 AM
- Some of the web's biggest destinations for watching videos, including YouTube (GOOG, GOOGL) and Facebook (NASDAQ:FB), have quietly started using automation to remove extremist content from their sites, sources told Reuters.
- The technology looks for "hashes," a type of unique digital fingerprint that internet companies automatically assign to specific videos, allowing all content with matching fingerprints to be removed rapidly.
Fri, Jun. 24, 6:51 PM
- Facebook (FB -2.6%) is pressing its wireless connectivity ambitions by hiring Kevin Lo -- a co-founder of Google Fiber who served as the project's first manager when it was still a moonshot.
- Lo will hold the title of director of Infrastructure Connectivity and Investments at Facebook. He left Google last year just before the Alphabet (GOOG -3.8%, GOOGL -4.2%) reorg.
- That means he'll help lead Facebook's partnerships tied to connectivity, including a recent deal to lay a new trans-Atlantic data cable with Microsoft as well as the Terragraph urban project.
- Facebook says, however, that it's definitely not getting into the service-provider business like Google Fiber is, and that Lo will not work on the controversial Free Basics emerging-markets app.
Thu, Jun. 23, 8:38 AM
- Google Fiber (GOOG, GOOGL) is bulking up its business after it announced a deal to acquire Webpass, a 13-year-old company that provides high-speed internet to tens of thousands of customers nationwide.
- Fiber is currently present in five U.S. cities, but plans to be grow to more than 20 in the immediate future.
Wed, Jun. 22, 5:48 PM
- No one outside of Amazon knows how many people are streaming video from Amazon or how much video they are streaming. But industry observers do have a proxy: The internet usage numbers provided by Sandvine.
- Sandvine says Amazon’s video now accounts for 4.26 percent of prime-time internet usage in the U.S.. That’s up from 1.31 percent three years ago.
- Amazon’s numbers are still small compared to Netflix (NASDAQ:NFLX) and YouTube (NASDAQ:GOOG), which continue to account for half of all broadband usage.
- Netflix, meanwhile, is down nearly 2 percent from Sandvine’s most recent measurement, last fall.
- Read more here.
Wed, Jun. 22, 3:51 PM
- Google (GOOG, GOOGL ended Q1 with $1.4B of its buyback authorization left, says Citi's Mark May. The initial $5.1B plan was announced last October.
- Noting the early trend has been 1) for increasing buyback activity ($1.8B was bought back during Q4, and $2.3B in Q1); 2) the stock remains at similar levels in Q2 as it was in Q1; 3) the company likely depleted its repurchase authorization this month, May expects the company to announce an additional authorization in the next 30 days.
Fri, Jun. 17, 9:49 AM
Wed, Jun. 15, 5:08 AM
- Google Fiber is looking to expand in the Lone Star state.
- The Alphabet (GOOG, GOOGL) unit is working with Dallas leaders to learn more about the city's existing infrastructure, local topography and other factors that could impact the building of a fiber network.
- The service, which costs $70 per month, is already available in Austin and is set to roll out in San Antonio.
Wed, Jun. 8, 6:41 PM
- A few hours after it was disclosed Apple plans to take only a 15% cut on App Store subscription revenue (down from a current 30%) following the first year of a subscription, Re/code reports Google (GOOG, GOOGL) is planning to lower its Google Play subscription cut to 15% from the start of a subscription.
- Google has reportedly been testing the new arrangement with entertainment companies; it's unclear when it will be fully rolled out. The company has already allowed developers to handle payments themselves, and keep all of the revenue if they do.
- In addition to altering its revenue-sharing terms, Apple plans to expand subscription support to all types of apps, as compared with just the handful of types supported today. It also plans to begin showing search ads for apps in the App Store. Google already shows such ads within the Play Store and via Google Search. Both Apple and Google have been hungry to give developers struggling to drive downloads and monetize their apps more options for doing so.
Fri, Jun. 3, 4:24 PM
- Nest Labs, acquired by Alphabet/Google (GOOG, GOOGL) for $3.2B in 2014, is responsible for Nest-branded smart thermostats and smoke detectors, as well as Dropcam's home cameras and cloud video recording services. Fadell founded Nest, and is often referred to as the Podfather for the major role he played in developing the iPod at Apple.
- His departure follows major employee turnover at Nest, as well as numerous critiques - some on the record, some off the record - from current and former Nest/Dropcam employees over Fadell's leadership.
- In addition, Nest has been dealing with product delays (perhaps due to the employee turmoil), and reportedly hasn't been meeting Google's sales expectations. Re/code reported on March 30 Nest was initially given a $500M/year budget, and (with Dropcam's help) produced 2015 sales of $340M.
- The Information reports Fadell will be replaced at Nest by former Motorola Mobility EVP Marwan Fawaz (was responsible for Motorola's set-top unit), and will remain an advisor to Alphabet. In addition to Nest, Fadell had been put in charge of the oft-criticized Google Glass, for which an enterprise model is expected to arrive soon. However, former Motorola president Rick Osterloh was recently given authority over Glass and various other hardware products.
Mon, May 30, 4:06 AM
- It could be a long time before investigators complete the analysis of data seized in last week's raid of Google's (GOOG, GOOGL) Paris headquarters, which resulted from a probe into suspected tax evasion.
- "We have collected a lot of computer data," French financial prosecutor Eliane Houlette said on Sunday. "We need to analyze (the data)... (it will take) months, I hope that it won't be several years, but we are very limited in resources."
- Previously: Google's Paris HQ raided in French tax probe (May. 24 2016)
Thu, May 26, 4:46 PM
- A jury has found in favor of Google (GOOG, GOOGL) in its retrial of a patent fight with Oracle (NYSE:ORCL) over Java.
- The 10-member panel decided that Google's use of the language in its Android OS was fair use. Google had incorporated parts of Java in Android when Java was owned by Sun Microsystems, later acquired by Oracle in 2010.
- Oracle has claimed that Google has cost billions of dollars in mobile opportunity by not paying license fees for using Java APIs.
- It's not the end, though: "We strongly believe that Google developed Android by illegally copying core Java technology to rush into the mobile device market," an Oracle statement says. "Oracle brought this lawsuit to put a stop to Google's illegal behavior. We believe there are numerous grounds for appeal and we plan to bring this case back to the Federal Circuit on appeal."
- For its part, Google calls it "a win for the Android ecosystem, for the Java programming community, and for software developers who rely on open and free programming languages to build innovative consumer products."
- After hours: ORCL -0.3%; GOOG +0.1%; GOOGL +0.3%.
Alphabet, Inc. is a newly founded holding company for the Google group of businesses. Under the new operating structure, its main Google business will include search, ads, maps, apps, YouTube and Android and the related technical infrastructure (the 'Google business'). Businesses such as Calico,... More
Industry: Internet Information Providers
Country: United States
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