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Posts Tagged ‘alphabet’

At Google’s Parent Alphabet, Median Pay Nears $200,000

Posted by hkarner - 29. April 2018

Date: 28-04-2018
Source: The Wall Street Journal

It is the fourth-highest among S&P 500 companies that have disclosed figures, but 18% less than at Facebook

The relatively high pay at Google parent Alphabet and at Facebook is a sign of the talent war in Silicon Valley. Here, Google’s headquarters in Mountain View, Calif.

Google parent Alphabet Inc. said its workers earned a median pay package of more than $197,000 last year, the fourth-highest pay among the hundreds of companies in the S&P 500 index that have disclosed those figures.

Alphabet’s median pay was about 18% lower than at rival internet giant Facebook Inc.,  where employees earned a median salary of $240,000.

The relatively high pay at two of the world’s biggest tech firms is a sign of the talent war in Silicon Valley, where talented engineers are in limited supply. Their pay numbers far surpassed most of the 379 companies in the S&P 500 that had disclosed compensation figures through Friday afternoon. The median figure among that group was $69,205. Den Rest des Beitrags lesen »

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Google Parent Posts Surge in Profit, but Expenses Also Jump

Posted by hkarner - 25. April 2018

Date: 24-04-2018
Source: The Wall Street Journal

Alphabet’s earnings got multibillion-dollar boost from stakes in startups including Uber

Google parent Alphabet reported first-quarter profit soared.

Google parent Alphabet Inc. posted surging profits as advertisers kept swarming to the search giant amid a global debate about internet privacy that threatens to affect its main revenue generator.

Alphabet’s earnings also got a multibillion-dollar boost from the company’s stakes in startups including Uber Technologies Inc. but were tempered by the costliest spending spree in its 14-year history as a public company.

Net profit jumped 73% to $9.4 billion in the first quarter, up from $5.4 billion in the same period last year, a performance that highlights the firm’s huge lead in the global market for online ads. The earnings growth was Alphabet’s strongest since the fourth quarter of 2009. Den Rest des Beitrags lesen »

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Why Wall Street’s Love Affair With Tech Hasn’t Cooled

Posted by hkarner - 1. April 2018

Date: 31-03-2018
Source: The Wall Street Journal

Analysts cite big tech’s solid earnings outlook and its dominance across sectors from retail to social media

Wall Street still isn’t ready to break up with the market’s technology darlings.

Stock ratings among analysts and brokerages have largely held steady for big tech firms even as their shares have slumped, a sign the tidal wave of bad news hitting the industry hasn’t destroyed confidence in the popular stocks.

Analysts cite big technology companies’ strong earnings outlook and dominance across industries from retail to social media, as well as the likelihood that any additional regulations imposed by lawmakers will take time to implement. Den Rest des Beitrags lesen »

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Amazon Passes Alphabet as Second-Largest U.S. Company

Posted by hkarner - 21. März 2018

Date: 21-03-2018
Source: The Wall Street Journal

Recent weakness in large technology stocks is reordering the list of the biggest U.S. firms.

During a selloff that has dragged down the broader market this week, Amazon.com Inc.’s market value passed that of Alphabet Amazon closed as the second biggest U.S. company on Tuesday, topping Alphabet for the first time ever, according to The Wall Street Journal’s Market Data Group.

Amazon closed up 2.7% at $1,586.51, giving it a market value of $768 billion, while Alphabet shed 0.4% to $1,095.80, lowering its market cap to $763 billion. Apple Inc. has the largest market cap, at $889 billion. Den Rest des Beitrags lesen »

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Google Builds China Workforce to Develop Artificial Intelligence

Posted by hkarner - 6. September 2017

Date: 05-09-2017
Source: The Wall Street Journal

Alphabet  unit is seeking engineers to fill jobs related to AI, cloud computing in country seen as having certain advantages over U.S.

Alphabet Inc.’s Google is ramping up its presence in China, hiring engineers to specialize in one of technology’s hottest corners: artificial intelligence.

The Silicon Valley behemoth has recently posted at least four AI-related jobs on its career site in Beijing, including a technical lead to develop a team to work on natural language processing, data compression and other machine learning technologies. Two of the jobs are related to machine learning in Google’s cloud-computing operation. Den Rest des Beitrags lesen »

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Alphabet Sees Power in Molten Salt, a New Moonshot

Posted by hkarner - 2. August 2017

Date: 01-08-2017
Source: The Wall Street Journal

Google parent developed plans to store electricity from solar panels or wind turbines as thermal energy in hot salt and cold liquids, such as antifreeze

X engineers work on designs for an energy system that stores electricity as thermal energy in high-temperature molten salt and a low-temperature liquid. X is a “moonshot” research and development lab under Google’s parent, Alphabet.

Google parent Alphabet Inc. is pitching an idea to store power from renewable energy in tanks of molten salt and cold liquid, an example of the tech giant trying to marry its far-reaching ambitions with business demand.

Alphabet’s research lab, dubbed X, said Monday that it has developed plans to store electricity generated from solar panels or wind turbines as thermal energy in hot salt and cold liquids, such as antifreeze. The lab is seeking partners in the energy industry, including power-plant developers and utilities, to build a prototype to plug into the electrical grid. Den Rest des Beitrags lesen »

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Can the Tech Giants Be Stopped?

Posted by hkarner - 17. Juli 2017

Date: 15-07-2017
Source: The Wall Street Journal

Google, Facebook, Amazon and other tech behemoths are transforming the U.S. economy and labor market, with scant public debate or scrutiny. Changing course won’t be easy.

Sometimes it is hard to grasp how quickly the giant tech companies have come to dominate the world economy. Ten years ago, only one of them, Microsoft , was among the biggest companies in the world as measured by market capitalization. These days, the top five usually consists of Apple , Alphabet (the parent company of Google), Amazon , Microsoft and Facebook .

It has been an astonishingly rapid rise for the tech giants, and it’s far from over. The big question for the future is: How will their ever-expanding control affect other businesses and the labor market? Den Rest des Beitrags lesen »

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Posted by hkarner - 13. Juni 2017

Date: 12-06-2017

Source: Technology Review

Subject: In Buying Boston Dynamics, SoftBank Is Betting Big on Walking Robots

Can the company make a go of the automatons that never did fit in at Google?

The technology conglomerate Softbank has acquired Boston Dynamics, the firm known for its often terrifying animal- and human-like robots, from Alphabet.

Back in 2013, Alphabet went on somewhat of a robot-buying binge. Led by Android creator Andy Rubin, the company covered all the bases, making acquisitions that included: Boston Dynamics and Schaft (which both make legged robots); Redwood Robotics and Meka (robots that grasp objects); Industrial Perception (computer vision for warehouse robots); Holomni (wheeled robots); and Bot & Dolly (movie-set robots). Den Rest des Beitrags lesen »

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Disturbing New Facts About American Capitalism

Posted by hkarner - 5. März 2017

Date: 04-03-2017
Source: The Wall Street Journal By JASON ZWEIG

When winners are taking all, it’s often time to buy the winners

“Let your winners run” is one of the oldest adages in investing. One of the newest ideas is that the winners may be running away with everything.

Modern capitalism is built on the idea that as companies get big, they become fat and happy, opening themselves up to lean and hungry competitors who can underprice and overtake them. That cycle of creative destruction may be changing in ways that help explain the seemingly unstoppable rise of the stock market.

New research by economists Gustavo Grullon of Rice University, Yelena Larkin of York University and Roni Michaely of Cornell University argues that U.S. companies are moving toward a winner-take-all system in which giants get stronger, not weaker, as they grow. Den Rest des Beitrags lesen »

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The alphabet of success

Posted by hkarner - 18. September 2016

Date: 15-09-2016
Source: The Economist

Superstars need a dazzling range of qualities

GENERAL ELECTRIC, THE product of an alliance between Thomas Edison, America’s greatest inventor, and J.P. Morgan, its greatest banker, was the technology superstar of the early 20th century. Edison’s patents have long since expired and electricity has become a commodity, but GE remains a commercial empire, the only intact survivor of the companies that made up the original Dow Jones index. GE employs 330,000 people in 180 countries, owns $493 billion-worth of assets and earned $117 billion in 2015. It has survived where other technology stocks have faded because it has fully mastered the art of management. Its slogan, “Imagination at work”, could just as easily be “Management at work”. Den Rest des Beitrags lesen »

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