Let’s say this upfront: buying shares in Snapchat’s initial public offering next week is an act of lunacy. It’s nuts to buy stock of a company with just a two-year track record of generating revenue, a loss of $1,27 for each
Browsing: Alphabet
In 2013, Google ran its first tests for Project Loon, an ambitious effort to circulate broadband-emitting balloons across the globe. On Thursday, the company said that’s not necessary anymore. Executives at the project said
Apple shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1% to US$133,29 at the close Monday in
When our robot overlords arrive, will they decide to kill us or cooperate with us? New research from DeepMind, Google parent Alphabet’s London-based artificial intelligence unit, could ultimately shed
More than 120 companies, from Apple to Zynga, filed an impassioned legal brief condemning US President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late
Alphabet has warned investors about a slew of new competitors, highlighting the company’s broad expansion beyond its original Google search business. It named rivals including Apple, Netflix and Hulu, while highlighting risks from
It’s TalkCentral time. In this week’s news-packed episode, Duncan McLeod and Regardt van der Berg ask: which will be the first big tech company to reach a market capitalisation of a trillion dollars? Also this week, Apple, Facebook, Microsoft and Alphabet announce
US immigration restrictions introduced over the weekend are bringing the technology industry together in unified anger like never before. While the clampdown isn’t an immediate threat to businesses, emotions
Alphabet, Microsoft and Intel, which all posted quarterly results on Thursday, reinforced what’s become a truism in technology: the biggest growth is in businesses that deliver computing over the Internet. Microsoft topped projections on
President-elect Donald Trump invited technology leaders to a discussion next week in New York where Silicon Valley will begin building relationships with an incoming administration it initially distrusted and mostly criticised. Oracle co-CEO