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Posts Tagged ‘alphabet’

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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Dear Silicon Valley: Forget Flying Cars, Give Us Economic Growth

Posted by hkarner - 26. Juni 2016

Date: 25-06-2016
Source: Technology Review

Companies taking advantage of amazing new digital technologies dominate our list of 50 Smartest Companies. But despite impressive advances in artificial intelligence and automation, the economy remains in a troubling slowdown.

The headquarters of Alphabet’s X labs in Mountain View, California, is easy to miss. A simple yellow “X” marks the visitors’ entrance to the sprawling building that was once a large indoor shopping mall. But on a weekday in late May, the parking lot is bustling, filled with employees and visitors, as X’s pod-like driverless cars buzz about. Inside, various teams of mostly young people—the company won’t say just how many people are employed at the facility—work on “moon shots,” which Alphabet defines as transformative technologies that could have a huge impact on the world. Besides the driverless cars, publicly identified projects at X include Loon, an effort to use high-altitude balloons to deliver the Internet to remote regions of the world; Wing, which is building self-navigating drones for delivering stuff; and Makani, which is developing odd flying wind turbines tethered to a ground station. Den Rest des Beitrags lesen »

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Alphabet becomes the world’s largest listed company

Posted by hkarner - 11. Juni 2016

Date: 09-06-2016
Source: The Economist

AlphabetON FEBRUARY 1st, the day that Ted Cruz defeated Donald Trump in the Republican caucus in Iowa, Google’s parent company, Alphabet, won a contest of its own, vaulting past its longtime rival, Apple, to become the most valuable listed company in the world by market capitalisation. Alphabet supporters are chuffed with the firm’s strong quarterly earnings and new corporate structure, announced last August. This was the first time Alphabet has shared more information about the performance of the firm’s “moonshot” projects, such as self-driving cars and Nest smart thermostats. In 2015, these projects (ie, not including the core advertising business, Google) had an operating loss of around $3.6 billion—a hefty figure but less than some analysts had feared.

Alphabet is now predominantly an advertising firm, but it is selling a story about its ability to change and become more things to more people. Its believers think the firm will turn at least one of its moonshot projects into a significant earner of profits. The firm has a history of adeptly repositioning itself: it purchased Android in 2005 and YouTube in 2006, which helped it profit from the rise of smartphones and online video. It is also a leader in artificial intelligence, an important area of investment for internet firms today, with applications in everything from autonomous cars to photo-recognition, as well as in Google’s original internet-search business. Den Rest des Beitrags lesen »

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Google-Mutter löst Apple als wertvollstes Unternehmen ab

Posted by hkarner - 2. Februar 2016

Deutsche Wirtschafts Nachrichten  | 

Alphabet löste Apple als wertvollstes börsennotiertes Unternehmen der Welt ab. Die Google-Mutter hatte zuvor seine ersten Quartalszahlen präsentiert. Einnahmen bringen dem Konzern vor allem Werbung bei der mobilen Suche und Anzeigen auf YouTube.

Die Alphabet-Aktie in der Jahresübersicht. (Grafik: <a href="http://www.ariva.de/alphabet_a-aktie/chart?boerse_id=131&amp;t=year" target="_blank">ariva.de</a>)

Die Alphabet-Aktie in der Jahresübersicht. (Grafik: ariva.de)

Gestiegener Gewinn dank hoher Werbeeinnahmen, mehr Umsatz: Mit seinen ersten Quartalszahlen hat das Google-Mutterhaus Alphabet seine Anleger überzeugt und den Technologiekonzern Apple als wertvollstes börsennotiertes Unternehmen der Welt entthront. Alphabet zog am Montagabend im nachbörslichen Handel am bisherigen Börsen-Spitzenreiter Apple vorbei.

Bis zum Handelsschluss lieferten sich die beiden Giganten noch ein Kopf-an-Kopf-Rennen. Alphabet kam auf einen Börsenwert von 530,1 Milliarden Dollar (488 Milliarden Euro), Apple auf 534,7 Milliarden Dollar. Im nachbörslichen Handel konnte Alphabet dann den bisherigen Börsengiganten überholen. Die Aktie legte mehr als vier Prozent zu, während das Apple-Papier ein Minus verzeichnete.

Grund für die Euphorie der Anleger waren überraschend gute Quartalszahlen von Alphabet. Der Gewinn des in Kalifornien ansässigen Internetkonzerns stieg in den letzten drei Monaten des vergangenen Jahres 2015 dank hoher Online-Werbeeinnahmen um fünf Prozent auf 4,92 Milliarden Dollar. Der Umsatz erhöhte sich demnach auf mehr als 21,3 Milliarden Dollar. Den Rest des Beitrags lesen »

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