Tag: alphabet
Tech Digest daily roundup: Google to cut 12,000 jobs worldwide
Google's parent company Alphabet will cut 12,000 jobs, in the latest staff redundancies to hit the tech industry. Google and Alphabet CEO Sundar Pichai said he took "full responsibility" for the cuts, in an internal email. The cuts will affect 6% of Alphabet's workforce worldwide, in teams including recruitment and engineering. This comes days after…
Tech Digest daily roundup: Fiesta no more as Ford makes way for EVs
A 1977 poster for the Ford Fiesta Mark One Ford has announced the end of one of the most popular cars ever sold in the UK - the Fiesta. By the end of June next year, no more Fiestas are to be produced in the manufacturer's factory in Cologne, Germany. More…
Tech Digest daily roundup: ‘Gaming has little effect on short term mental health’ – study
The short-term mental-health impact of playing video games "is probably too small" to be noticeable, according to a major study by the University of Oxford published Wednesday. "Our study finds little to no evidence of connections between gameplay and well-being," said Andrew K. Przybylski, a researcher at the university's Oxford Internet Institute. The study surveyed…
Tech Digest daily roundup: Smart e-scooters will stop if ridden recklessly
Electric scooters that automatically stop when being ridden recklessly or on footpaths will be brought to British roads in a world first for the "smart" technology. Superpedestrian, an American company known as the “Volvo of e-scooters”, plans to bring the technology to a trial programme in Nottingham in the spring before taking it to cities…
5 largest Internet companies hit 1.7 million employees, 60% increase in year
The digital transformation fuelled by the COVID-19 pandemic has sped up the growth of the world's largest internet companies. Today, these tech giants employ more people than ever and generate revenue counted in tens and hundreds of billions of dollars. According to data presented by BuyShares.co.uk, Amazon, Alibaba, Alphabet, Facebook, and eBay - the world's largest…
Google parent Alphabet agrees £1.6bn Fitbit deal
Fitbit is being acquired by Google’s parent company for about $2.1 billion dollars (£1.6 billion). The deal enables the internet company to step back into the hotly contested market for smartwatches and health and fitness trackers. A pioneer in wearable technology, Fibit’s market capitalisation soared to just under $10 billion after becoming a public company…
Google parent Alphabet reports continued revenue and profit growth
Revenue and profit at Google parent company Alphabet has continued to rise, driven by its core Google products and digital advertising arm. The company reported revenue of 39.2 billion US dollars (£30.1 billion) in the three months up to December 31, an increase of 22% on the previous year. For the full year, revenue stood…
Google parent Alphabet overtakes Apple as world’s ‘biggest’ company. More taxing questions to follow?
Editorial Depending on your point of view it's either been a great week for internet giant Google or one of the worst (certainly you wouldn't want to be in their PR department right now). While investors will no doubt be rubbing their hands with glee at parent company's Alphabet's latest financial figures, those who have…