uber Uber Leads $170 Million Lime Investment Amid Massive Pandemic Layoffs Uber transfers its Jump bike and scooter division to Lime as part of a major $170 million funding round. The deal significantly drops Lime's valuation while Uber continues to slash its workforce due to the pandemic.
alphabet Alphabet's Loon Teams Up With AT&T for Faster Global Disaster Response Alphabet's Loon integrates its stratospheric balloon network with AT&T to rapidly restore cellular service during global disasters. The partnership provides pre-negotiated access to over 200 roaming partners worldwide.
alphabet Alphabet Beats Q1 Revenue Expectations Despite March Ad Slump Alphabet surpasses Q1 revenue expectations but misses earnings-per-share estimates as the pandemic triggers a sharp advertising slowdown in March.
verily Verily Shares Free COVID-19 Testing Toolkit to Aid Community Expansion Alphabet's Verily releases a comprehensive guide for setting up community drive-through COVID-19 testing sites based on its California experience.
google White House Misidentifies Google as Creator of Coronavirus Screening Site President Trump incorrectly states that Google is building a nationwide coronavirus screening website, when the project actually belongs to Alphabet's Verily division and remains in early development.
google Google Mandates Remote Work for Over 100,000 North American Employees Google instructs all of its North American staff to work from home until at least April 10 to help slow the spread of the COVID-19 coronavirus. The tech giant also establishes a dedicated fund to provide paid sick leave for temporary workers and vendors affected by the pandemic.
google maps Google Maps Turns 15 as CEO Pichai Highlights AI Integration Alphabet CEO Sundar Pichai discusses how Google Maps serves as a testing ground for the company's AI-first approach as the navigation app celebrates its 15th anniversary with a global update. He also addresses ongoing regulatory scrutiny regarding Google's advertising dominance.
google cloud Google Cloud Reaches $10B Annual Revenue Run Rate Amid Strong Platform Growth Google Cloud achieves a $10 billion annual revenue run rate after posting $2.614 billion in fourth-quarter revenue, marking a 53 percent year-over-year increase. The rapid expansion is driven primarily by accelerating growth in the Google Cloud Platform and larger enterprise deals.
youtube premium YouTube Premium Reaches 20 Million Subscribers as Ad Revenue Surges Google reveals that YouTube Music and Premium combine for 20 million paid subscribers, while YouTube TV doubles its user base to 2 million. The platform also reports a significant jump in overall ad revenue for 2019.
google Google Joins Apple and Microsoft in the Trillion-Dollar Club Alphabet, Google's parent company, reaches a $1 trillion market valuation, making it the fourth US tech giant to hit the milestone alongside Apple, Microsoft, and Amazon.
alphabet Alphabet Reaches $1 Trillion Market Cap Behind Cloud Growth and New Leadership Google's parent company Alphabet joins an exclusive club of U.S. companies worth $1 trillion. Investors show strong optimism regarding newly appointed CEO Sundar Pichai and a rapidly growing cloud business.
alphabet Sundar Pichai Takes Over as Alphabet CEO as Founders Step Down Google CEO Sundar Pichai officially takes the helm at parent company Alphabet, replacing Larry Page as CEO while Sergey Brin steps down as president. The founders remain involved as board members but are moving out of active management roles.
google Google Founders Page and Brin Relinquish Alphabet Leadership Roles Google co-founders Larry Page and Sergey Brin step down from their executive positions at Alphabet, handing full control to current Google CEO Sundar Pichai.
youtube YouTube CEO Draws Fire Over Narrow Definition of Harmful Content YouTube CEO Susan Wojcicki faces intense criticism after stating that videos promoting white supremacy do not violate platform policies unless they explicitly call for discriminatory action. Critics argue the company leverages its massive resources poorly when it comes to policing misinformation.
alphabet Alphabet X Unveils Trash-Sorting Robot to Bring Machines Into Daily Life Alphabet's X lab reveals a robot that learns to sort office garbage, dropping contamination rates from 20% to under 5% as part of a broader push for everyday robotics.