Latest Alphabet Inc News
EU regulators investigating Google's plan to buy Fitbit
LONDON (AP) — European Union regulators opened an in-depth investigation Tuesday into Google's plan to buy fitness tracking device maker Fitbit. The EU's executive commission said it was concerned the deal would entrench the U.S. tech giant's position in the online ad market by “increasing the...
Google unveils budget Pixel phone as pandemic curbs spending
SAN RAMON, Calif. (AP) — Google has started selling a long-delayed budget smartphone boasting the same high-quality camera and several other features available in fancier Pixel models that cost hundreds of dollars more. The Pixel 4a unveiled Monday will be available Aug. 20 after months of delay caused by...
Google buys $450M stake in ADT to give Nest a new perch
SAN RAMON, Calif. (AP) — Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that will open new opportunities for one of the internet's most powerful companies to extend the reach of its Nest cameras and voice-activated voice assistant. As...
Microsoft, ADT rise; HSBC, American Tower fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday: Microsoft Corp., up $11.53 to $216.54. Microsoft is in talks to buy the U.S. arm of TikTok, a popular Chinese-owned video app that has drawn from scrutiny from the White House. ADT Inc., up $4.87 to $13.48. The home security...
Insider Q&A: Basecamp CTO David Heinemeier Hansson
David Heinemeier Hansson has made a name for himself as one of the tech industry’s more prominent iconoclasts and industry critics. The Danish programmer is a successful entrepreneur who has testified before Congress to argue that Big Tech firms should be more regulated and started an anti-Facebook...
Microsoft in advanced talks to buy TikTok's US business
NEW YORK (AP) — Microsoft is in advanced talks to buy the U.S. operations of TikTok, the popular Chinese-owned video app that has been a source of national security and censorship concerns, according to a person familiar with the discussions who spoke only on condition of anonymity because of the...
Amid the pandemic, Big Tech reports mixed earnings
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough congressional grilling over their market power and alleged monopolistic practices. All four were affected by the pandemic, although in strikingly different ways. Google and Facebook reported slowing...
Lawmakers grill 4 Big Tech CEOs but don't land many blows
WASHINGTON (AP) — Congressional lawmakers finally got a chance to grill the CEOs of Big Tech over their dominance and allegations of monopolistic practices that stifle competition. But it's unclear how much they advanced their goal of bringing some of the world's largest companies to heel. Invective flew...
Lawmakers batter Big Tech CEOs, but don't land many blows
WASHINGTON (AP) — Congressional lawmakers finally got a chance Wednesday to grill the CEOs of Big Tech over their dominance and allegations of monopolistic practices that stifle competition. But it's not clear how much they advanced their goal of bringing some of the world's largest companies to heel....
The Latest: Zuckerberg questioned on viral misinformation
WASHINGTON (AP) — The Latest on testimony before a congressional committee by the CEOs of Facebook, Apple, Amazon and Google (all times local): 6:30 p.m. Democratic chairman of a House antitrust panel says Facebook is making money off dangerous lies that could have deadly consequences. Rep. David Cicilline...
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