Tag: alphabet
Lime now owns Uber’s Jump bike and scooter service
With most people social distancing and working from home, ride sharing services have seen dramatically less usage. The Information reported last month that Uber’s bookings are down 80 percent, and on Wednesday the company announced it will lay off 3,… Source
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Alphabet’s Loon and AT&T will tackle global crises with internet balloons
Alphabet’s “balloon-powered internet” — Project Loon — has been active for five years now. Born of Google’s X Labs, the initiative sees balloons floating 20km high in the stratosphere, beaming internet to people below. Its primary function is to brin… Source
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Cliqz pulls the plug on a European anti-tracking alternative to Google search
Cliqz, a Munch-based anti-tracking browser with private search baked in that has sought to offer a local alternative to Google powered by its own search index, is shutting down — claiming this arm of its business has been blindsided by the coronavirus crisis. Today was not great. We closed parts…
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Google under fire for squeezing travel startups hit by coronavirus refunds
Google is facing anger from the German startup ecosystem for refusing to restructure ad payments linked to travel and transport bookings that were subsequently wiped out by the coronavirus crisis. TechCrunch has seen a letter addressed to Google that’s co-signed by eight travel industry startups in which the tech giant…
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Alphabet grew more than expected in Q1, but its ad business saw “significant slowdown” in March
Today after the bell, Alphabet, parent company of Google, reported its Q1 2020 performance. The company’s $41.16 billion in revenue for the three-month period came in ahead of expectations, besting analyst estimates of $40.33 billion. However, its earnings per share came in under expectations, with the street anticipating $10.38 in…
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Google saw huge jumps in search usage and app downloads in March
Google parent company Alphabet just announced its financial results for the first quarter of 2020, and not surprisingly the global COVID-19 pandemic had an effect. Alphabet and Google CEO Sundar Pichai called it a “tale of two quarters” on the earnin… Source
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