WebProNews

Tag: Alphabet

  • Google Cloud Releases New Security Tools

    Google Cloud Releases New Security Tools

    Google used RSA Conference to announce new security tools aimed at helping secure customers’ data and cloud services.

    The first new feature is related to Chronicle, the Alphabet-sponsored cybersecurity firm that has since been rolled into Google Cloud. Chronicle’s security analytics software helped “change the way any business could quickly, efficiently, and affordably investigate alerts and threats in their organization.” Google says the new feature is designed to help companies “detect threats using YARA-L, a new rules language built specifically for modern threats and behaviors, including types described in Mitre ATT&CK. This advanced threat detection provides massively scalable, real-time and retroactive rule execution.”

    Google is also “introducing Chronicle’s intelligent data fusion, a combination of a new data model and the ability to automatically link multiple events into a single timeline. Palo Alto Networks, with Cortex XSOAR, is our first partner to integrate with this new data structure to enable even more powerful threat response.”

    The company has also announced the general availability of its reCAPTCHA Enterprise and Web Risk tools. reCAPTCHA Enterprise helps protect websites from unauthorized scraping, automated account creation and more, while the Web Risk API lets companies check URLs against Google’s list of malicious sites.

    The announcement comes as Google is working hard to build its cloud business, trying to make headway against rivals Microsoft and Amazon, and will likely help the company as it works to attract new enterprise clients.

  • Alphabet’s Loon Partners With Coalition of Companies to Create HAPS Alliance

    Alphabet’s Loon Partners With Coalition of Companies to Create HAPS Alliance

    Alphabet subsidiary Loon, along with a coalition of companies, has formed the HAPS Alliance to help promote high-altitude internet.

    Loon was founded with the goal of providing internet access to under-served communities, using high-altitude balloons to deliver it. With today’s announcement, SoftBank’s HAPSMobile, AeroVironment, Airbus Defence and Space, Bharti Airtel Limited, China Telecom Corporation Limited, Deutsche Telekom AG, Telefonaktiebolaget LM Ericsson, Intelsat US LLC, Nokia Corporation, SoftBank Corp. and Telefónica S.A. have joined with Loon to help further that goal.

    The new Haps Alliance “is being created so member companies can collectively advocate for High Altitude Platform Station (HAPS) business development with the relevant authorities in various countries, build a cooperative HAPS ecosystem, develop common product specifications and promote the standardization of HAPS network interoperability. All of these activities will be key to the Alliance’s aim of addressing diverse social issues and creating new value by providing telecommunications network connectivity worldwide through the utilization of high altitude vehicles. The Alliance, originally an initiative from HAPSMobile and Loon, will have members from participating leading companies across the aerospace, technology and telecom industries to carry out the Alliance’s activities.”

    This is good news for rural and under-served communities around the world and should help accelerate the deployment of high-altitude internet solutions.

  • Jigsaw Unveils Assembler Tool to Help Spot Deepfakes

    Jigsaw Unveils Assembler Tool to Help Spot Deepfakes

    Alphabet-owned company Jigsaw has unveiled a new tool called Assembler to help journalists spot doctored images and deepfakes, according to a blog post by CEO Jared Cohen.

    Deepfake images and videos are created using artificial intelligence, transposing one person’s likeness onto another’s body, making it appear someone is doing something they aren’t. Although still in the early stages of complexity, as deepfake technology progresses, experts fear it could have profound impacts on everything from personal scandals to the outcome of elections. For journalists, deepfakes and doctored images represent a threat to accuracy and journalistic integrity.

    As these kind of threats continue to emerge, Jigsaw “forecasts and confronts emerging threats, creating future-defining research and technology to keep our world safer,” including combating doctored images.

    “Jigsaw’s work requires forecasting the most urgent threats facing the internet, and wherever we traveled these past years — from Macedonia to Eastern Ukraine to the Philippines to Kenya and the United States — we observed an evolution in how disinformation was being used to manipulate elections, wage war, and disrupt civil society,” writes Cohen.

    Jigsaw is working with a select group of journalists and fact-checkers to test and improve Assembler before making it widely available.

    “Assembler is an early stage experimental platform advancing new detection technology to help fact-checkers and journalists identify manipulated media,” adds Cohen. “In addition, the platform creates a space where we can collaborate with other researchers who are developing detection technology. We built it to help advance the field of science, and to help provide journalists and fact-checkers with strong signals that, combined with their expertise, can help them judge if and where an image has been manipulated. With the help of a small number of global news providers and fact checking organizations including Agence France-Presse, Animal Politico, Code for Africa, Les Décodeurs du Monde, and Rappler, we’re testing how Assembler performs in real newsrooms and updating it based on its utility and tester feedback.”

    Assembler’s release coincides with Alphabet CEO Sundar Pichai expressing his belief that tech companies must be responsible for the technology they create, rather than simply unleashing tech and leaving others to figure out the ethical dilemmas.

  • YouTube Generates $15 Billion a Year For Google

    YouTube Generates $15 Billion a Year For Google

    Alphabet released its fourth quarter results today and, for the first time, broke down how much money YouTube earns.

    According to the report, YouTube generated $15 billion in ad revenue last year, nearly doubling what it made just two years ago. As The Verge points out, that figure “contributed roughly 10 percent to all Google revenue. Those figures make YouTube’s ad business nearly one fifth the size of Facebook’s, and more than six times larger than all of Amazon-owned Twitch.”

    In addition to the ad revenue, The Verge reports that Google also has over 20 million subscribers to YouTube Premium and Music Premium, as well as more than 2 million YouTube TV subscribers. The revenue from these services is grouped under the “other” category, which accounted for $5.3 billion in Q4. The company also disclosed its Google Cloud earnings for the first time, with that division bringing in $8.9 billion in 2019.

    While Google beat Wall Street’s estimates on profit, its revenue came in lower than expected. That could be the reason the company was suddenly willing to disclose YouTube and Google Cloud’s financial contribution, in an effort to show the company is growing revenue streams outside its core search business.

    “In 2019 we again delivered strong revenue growth, with revenues of $162 billion, up 18% year over year and up 20% on a constant currency basis,” said Ruth Porat, Chief Financial Officer of Alphabet and Google. “To provide further insight into our business and the opportunities ahead, we’re now disclosing our revenue on a more granular basis, including for Search, YouTube ads and Cloud.”

  • Alphabet CEO Sundar Pichai Supports AI Regulation

    Alphabet CEO Sundar Pichai Supports AI Regulation

    Artificial intelligence (AI) is quickly becoming the ‘next big thing’ in the technology industry, with ramifications that are only now being discovered. At least one Silicon Valley giant believes the development of AI needs to be further regulated.

    In an op-ed for the Financial Times, Alphabet CEO Sundar Pichai lays out the case for stricter regulation over the development of AI. Pichai starts out citing examples of how Google’s AI developments are helping industries, including improving breast cancer screenings, weather forecasting and the company’s latest deal with Lufthansa to reduce the impact of flight delays.

    Pichai then highlights the potential dangers of burgeoning technology, technology that can do a lot of good but also be used to cause tremendous harm. In the realm of AI, he cites deepfakes as an example. Deepfakes are a type of AI-assisted photo and video manipulation designed to make it appear as if someone has said or done something they haven’t by transposing their face or head onto another person’s body. Companies such as Facebook and Reddit have taken measures to minimize the damage deepfakes can do, but experts fear the worst is yet to come as the technology matures and advances.

    As a result of the potential for AI to be used improperly or dangerously, Pichai outlines Google’s stand, including emphasizing the importance of companies taking responsibility for the technology they create, market and benefit from. Rather than simply opening Pandora’s Box and leaving others to sort out the mess, Pichai says companies have the responsibility to make sure the technology they create is used for good.

    “Now there is no question in my mind that artificial intelligence needs to be regulated,” Pichai writes. “It is too important not to.”

    The CEO goes on to highlight the European Union’s GDPR privacy laws as a “strong foundation” for future regulation. Given that Google has often been accused of not respecting user privacy, it’s encouraging to see Pichai cite one of the most comprehensive privacy regulations as a template for moving forward.

    All in all, Pichai’s op-end is a fascinating insight into the thoughts of one of the individuals who has a tremendous influence over the future of AI and well worth a read in its entirety at the Financial Times.

  • David Drummond, Alphabet’s Embattled Legal Chief, Announces Retirement

    David Drummond, Alphabet’s Embattled Legal Chief, Announces Retirement

    Following news that Larry Page and Sergey Brin were stepping down from their roles in the company, embattled legal chief David Drummond has announced his own retirement.

    According to Bloomberg News, Drummond announced his plans in a note he sent to colleagues and that sets January 31 as his final day.

    “I believe that it’s also the right time for me to make way for the next generation of leaders,” Drummond wrote in the note, a copy of which Bloomberg News saw.

    Drummond has increasingly been in the spotlight of late, due to accusations of sexual misconduct. Drummond engaged in an extramarital affair with subordinate Jennifer Blakely, fathering a child with her. She has since accused him of abandoning her and the child, as well as repeatedly violating company policies governing workplace relationships.

    As Bloomberg highlights, “Drummond has said the two went through a difficult breakup and that he ‘never started a relationship with anyone else who was working at Google or Alphabet,’” only to turn around and marry another Google employee in September.

    In the wake of this and other scandals, Alphabet launched an investigation into how the company handles sexual misconduct allegations. Company watchers can’t help but wonder if the increasing scrutiny played a part in Drummond’s exit.

  • Google To Stop Using Irish And Dutch Tax Loopholes

    Google To Stop Using Irish And Dutch Tax Loopholes

    According to Reuters, Google’s parent Alphabet will stop using a tax strategy known as the “Double Irish, Dutch Sandwich” to minimize U.S. taxes.

    The tax practice involved using a subsidiary in the Netherlands “to shift revenue from royalties earned outside the United States to Google Ireland Holdings, an affiliate based in Bermuda, where companies pay no income tax.” As a result of the practice, Google was able to pay taxes in the single digits on non-U.S. profits. This is roughly a quarter of the average rate for overseas markets.

    While legal, the practice was highly controversial, causing Ireland to eliminate the loophole in 2014, with it taking effect in 2020. According to a Dutch filing, Google has not confirmed a termination date for the practice, but says it will take place by the end of 2019 or in 2020.

    Another motivation for ending the practice is the Tax Cuts and Jobs Act, passed by the Trump administration in January 2018. Under the law, “profits that have been made and taxed abroad are not subject to taxation when returned to the U.S.”

    With the Irish loophole closing and motivation to look for other loopholes no longer a factor, it’s likely Google will be joined by a number of other U.S. companies.

  • Sundar Pichai Replacing Larry Page As CEO of Alphabet

    Sundar Pichai Replacing Larry Page As CEO of Alphabet

    In a blog post by Larry Page and Sergey Brin, the two Google co-founders outlined major changes to the structure of Alphabet, Google’s parent company.

    Page previously served as CEO of Google before the search firm reorganized to create its own parent company Alphabet. With the formation of the new company, Page became Alphabet’s CEO, Brin became president and Sundar Pichai took over at Google. With today’s announcement, Pichai will be taking over as CEO of both companies, with the position of president being eliminated.

    “However, since we wrote our first founders’ letter, the company has evolved and matured,” wrote Page and Brin. “Within Google, there are all the popular consumer services that followed Search, such as Maps, Photos, and YouTube; a global ecosystem of devices powered by our Android and Chrome platforms, including our own Made by Google devices; Google Cloud, including GCP and G Suite; and of course a base of fundamental technologies around machine learning, cloud computing, and software engineering. It’s an honor that billions of people have chosen to make these products central to their lives—this is a trust and responsibility that Google will always work to live up to.

    The two then built on an illustration they have used in previous founders’ letters, likening the company to a person.

    “Today, in 2019, if the company was a person, it would be a young adult of 21 and it would be time to leave the roost. While it has been a tremendous privilege to be deeply involved in the day-to-day management of the company for so long, we believe it’s time to assume the role of proud parents—offering advice and love, but not daily nagging!

    “With Alphabet now well-established, and Google and the Other Bets operating effectively as independent companies, it’s the natural time to simplify our management structure. We’ve never been ones to hold on to management roles when we think there’s a better way to run the company. And Alphabet and Google no longer need two CEOs and a President. Going forward, Sundar will be the CEO of both Google and Alphabet. He will be the executive responsible and accountable for leading Google, and managing Alphabet’s investment in our portfolio of Other Bets. We are deeply committed to Google and Alphabet for the long term, and will remain actively involved as Board members, shareholders and co-founders. In addition, we plan to continue talking with Sundar regularly, especially on topics we’re passionate about!”

  • Alphabet Board Investigating How Executives Handled Sexual Misconduct Cases

    Alphabet Board Investigating How Executives Handled Sexual Misconduct Cases

    CNBC is reporting that the board of directors for Alphabet, Google’s parent company, is investigating how sexual misconduct cases have been handled.

    In recent years, Google has had some high-profile sexual misconduct cases, and the company has not always won praise for how it has handled them. In 2014, CEO Larry Page asked for former Android chief Andy Rubin’s resignation following an accusation of sexual harassment. Google’s internal investigation had found the accusation to be credible. At the time, Rubin’s departure was portrayed as amicable. When Google employees later learned the real reason behind the departure—not to mention the $90 million golden parachute he received—some 20,000 of them engaged in a “walkout” to protest the company’s handling of the matter.

    More recently, Alphabet Chief Legal Officer David Drummond was accused of misconduct following an extramarital affair with a subordinate, Jennifer Blakely. Despite promising to divorce his wife when Blakely became pregnant, Drummond reportedly “stayed married and later continued to have other affairs with other people from Google.” According to Blakely, Drummond then abandoned her and their son. Although his marriage did eventually end, he ended up remarrying another Google employee, although not a direct subordinate.

    In the midst of these accusations, Blakely has accused the company of having a culture that breeds sexual misconduct. Once the New York Times ran its expose of Andy Rubin, Blakely says other women she worked with at Google reached out to her and told her “how offended they were by the blatant womanizing and philandering that became common practice among some (but certainly not all) executives, starting at the very top.”

    In response to these ongoing issues, Alphabet shareholders sued the board for allegedly covering up its executives’ misconduct. In response, the board has opened an investigation and appointed an independent subcommittee, according to CNBC. An outside law firm has also been hired to assist in the investigation.

    Industry experts, politicians and the public in general will no doubt be watching to see what conclusion the investigation reaches, and what changes will be made to alter the company’s culture moving forward.

  • Google Launching Green Startup Accelerator

    Google Launching Green Startup Accelerator

    One day after employees signed an open letter revolting over Google’s climate record, the company has announced it is launching an accelerator aimed at helping green startups.

    Employees wrote an open letter to Alphabet CFO Ruth Porat demanding the company address several sustainability issues, not the least of which was ending its partnerships with companies and think tanks that deny climate change. The company has previously been criticized by employees for not doing enough to address climate issues.

    It appears that management has heard the message loud and clear, with Google Chief Sustainability Officer Kate Brandt penning a blog post outlining the new accelerator program.

    “Today we’re launching the Google for Startups Accelerator focused on sustainable development goals. Geared toward social impact startups working to create a healthier and more sustainable future, the accelerator provides access to training, products and technical support. Startup founders will work with Google engineers and receive mentoring from over 20 teams at Google, as well as outside experts and local mentors.

    “Startups will be selected based on the UN’s Sustainable Development Goals including poverty, inequality, climate, environmental degradation, prosperity, and peace and justice. Applications will open for startups from across Europe, the Middle East and Africa in the next few weeks and eight to ten startups will take part in a six-month accelerator program in early 2020. A second cohort will be selected later in the year.”

    Looking at the big picture, Google’s announcement illustrates the power employees are beginning to wield when it comes to influencing company policy. In an age when social media can give a voice and platform to anyone, companies do well to focus on employee engagement and understanding what their employees expect.

  • Alphabet Chairman: Anybody Who Does Business in China Compromises Some of Their Core Values

    Alphabet Chairman: Anybody Who Does Business in China Compromises Some of Their Core Values

    Alphabet Chairman John Hennessy says that anybody who does business in China compromises some of their core values. Alphabet, of course, is the parent company of Google and reportedly Google is considering re-entering the search business in China. Hennessy said that Google is struggling with whether it is better to give Chinese citizens a decent search engine even if it is restricted and censored. 

    John Hennessy, Chairman of Google parent company Alphabet, discussed Google’s struggle and internal debate on whether to provide a censored search engine in China during a live audience interview on Bloomberg.

    Anybody Who Does Business in China Compromises Core Values

    “Anybody who does business in China compromises some of their core values,” says Alphabet Chairman John Hennessy in a live audience interview on Bloomberg. Alphabet is the parent company of Google. “Every single company because the laws in China are quite a bit different than they are in our own country. The question that comes to my mind and that I struggle with is are we better off giving Chinese citizens a decent search engine, a capable search engine, even if it is restricted and censored in some cases than a search engine that’s not very good? Does that improve the quality of their lives? That’s the struggle that we have to work our way through.”

    “I think it is a legitimate question in asking how can you do it and still live within the context of what their regulations are,” Hennessy said in response to whether Google can do more good by being in China. “Part of what is reflected inside Google as it is everywhere in the Valley and everywhere in our country right now is the divisiveness that exists. I think that divisiveness has fed more concern in how these technologies get used.”

    We Are in a Different Time Now

    “If you wind back to the time that Google decided to exit China there were lots of things going on, not just censorship but also surveillance, hacking attempts, things like that,” noted Hennessy. “Those all added together to create a situation. We are in a different time now. Asking how you do this, how you make it safe, but if you store data in the country it can be gotten at by the Chinese authorities. I think you should worry about that and as a minimum, you should make sure that your users understand that.”

    Hennessy is not a fan of the current trade wars. “I think in general that trade wars are not productive and they’re not economically productive either. We should try to remind people of that and try to find a way to move forward.”

    Google Pulled Out of China in 2010

    In 2010 Google Chief Legal Officer David Drummond, announced that Google would no longer continue censoring their results on Google.cn which quickly led to a complete Google block by the Chinese government:

    On January 12, 2010, we announced on this blog that Google and more than twenty other U.S. companies had been the victims of a sophisticated cyber attack originating from China, and that during our investigation into these attacks we had uncovered evidence to suggest that the Gmail accounts of dozens of human rights activists connected with China were being routinely accessed by third parties, most likely via phishing scams or malware placed on their computers. We also made clear that these attacks and the surveillance they uncovered—combined with attempts over the last year to further limit free speech on the web in China including the persistent blocking of websites such as Facebook, Twitter, YouTube, Google Docs and Blogger—had led us to conclude that we could no longer continue censoring our results on Google.cn.

    So earlier today we stopped censoring our search services—Google Search, Google News, and Google Images—on Google.cn. Users visiting Google.cn are now being redirected to Google.com.hk, where we are offering uncensored search in simplified Chinese, specifically designed for users in mainland China and delivered via our servers in Hong Kong. Users in Hong Kong will continue to receive their existing uncensored, traditional Chinese service, also from Google.com.hk. Due to the increased load on our Hong Kong servers and the complicated nature of these changes, users may see some slowdown in service or find some products temporarily inaccessible as we switch everything over.

    Figuring out how to make good on our promise to stop censoring search on Google.cn has been hard. We want as many people in the world as possible to have access to our services, including users in mainland China, yet the Chinese government has been crystal clear throughout our discussions that self-censorship is a non-negotiable legal requirement. We believe this new approach of providing uncensored search in simplified Chinese from Google.com.hk is a sensible solution to the challenges we’ve faced—it’s entirely legal and will meaningfully increase access to information for people in China. We very much hope that the Chinese government respects our decision, though we are well aware that it could at any time block access to our services. We will therefore be carefully monitoring access issues, and have created this new web page, which we will update regularly each day, so that everyone can see which Google services are available in China.

    In terms of Google’s wider business operations, we intend to continue R&D work in China and also to maintain a sales presence there, though the size of the sales team will obviously be partially dependent on the ability of mainland Chinese users to access Google.com.hk. Finally, we would like to make clear that all these decisions have been driven and implemented by our executives in the United States, and that none of our employees in China can, or should, be held responsible for them. Despite all the uncertainty and difficulties they have faced since we made our announcement in January, they have continued to focus on serving our Chinese users and customers. We are immensely proud of them.

    Posted by David Drummond, SVP, Corporate Development and Chief Legal Officer

  • Microsoft Surpasses Google’s Alphabet to Become World’s Third Biggest Company

    Microsoft Surpasses Google’s Alphabet to Become World’s Third Biggest Company

    Microsoft gained a lead over Google parent Alphabet for the first time in three years, becoming the third most valuable company following market close on Tuesday.

    Over the past 12 months, Microsoft’s stock price continued its rally and surged by 40 percent to $98 per share. Valued at $753 billion, it finally surpassed Alphabet’s $739 billion market capitalization. It is still behind online retailer Amazon’s market value of $782 billion and Apple’s $924 billion as the largest publicly traded US companies.

    More investors were willing to bet on Microsoft’s cloud-first strategy under current CEO Satya Nadella. When he assumed the top post in 2014, the tech company focused on cloud computing instead of manufacturing phones. Since then, its stock price has been on an uptrend but continued to trail Google’s after the latter’s restructuring in 2015.

    Microsoft and Google continue to be direct competitors in several technological advancements, such as artificial intelligence and cloud computing. Second only to Amazon Web Services, Microsoft’s public cloud business under the Azure platform and Office 365 subscription remains relatively bigger than Google’s.

    Although the tech giant has always been associated with the Windows operating system, Microsoft announced a reorganization of its legacy Windows and Devices Group back in March. This prompted the company to reallocate resources from Windows to its cloud infrastructure and artificial intelligence businesses.

    It looked like the gamble paid off as third-quarter revenue increased by 16 percent to $26.8 billion compared to prior year, largely driven by the Microsoft Cloud segment. Net income amounted to $7.4 billion, 35 percent higher than 2017’s third fiscal quarter.  

    Back in March, investment bank Morgan Stanley gave a bullish outlook on Microsoft’s growth forecasts, underscoring the increasing preference of several businesses for cloud computing over local network services. According to the analysts, the software company is on track to reach the $1 trillion market cap within a year’s time if it maintains its dominant position on the public cloud market. Furthermore, its stock price was expected to reach $130 from the previous forecast of $110.

  • Alphabet Takes Aim at Cybercrime with its Launch of ‘Chronicle’

    Alphabet Takes Aim at Cybercrime with its Launch of ‘Chronicle’

    As internet users are becoming more aware of online threats, cybersecurity is becoming a serious challenge for internet firms as they scramble for ways to dampen their users’ fears over online vulnerability. To take advantage of this need for more secure online systems, Alphabet, Google’s parent firm, has put up a new independent company with the goal of providing cybersecurity solutions to big businesses.

    Alphabet’s new cybersecurity firm is called Chronicle, which will offer state-of-art technology to boost companies’ online security. In particular, the firm will be using machine learning technology to help firms in the detection, tracking and blocking cybersecurity attacks.

    In a post, Chronicle CEO Stephen Gillett explains that it is the new company’s goal to help businesses address potential blind spots in their online security with its mix of technologies. He believes that Chronicle will give businesses the upper hand against cybercrime:

    “Add in some machine learning and better search capabilities, and we think we’ll be able to help organizations see their full security picture in much higher fidelity than they currently can. We hope that by making this mix of technologies available to more companies at affordable prices, we can give ‘the good guys’ an advantage and help us all turn the tide against cybercrime.”

    According to Gillett, Chronicle is in a unique position to help the security issues of other companies. First, the company will be running on “fast, powerful, highly-scalable infrastructure” giving it enormous processing power. This means that retrieval and analysis of a large amount of data can be done in mere minutes rather than days, a useful capability in detecting and blocking cyberattacks.

    Another advantage Chronicle has is in storage. Due to its infrastructure advantage, Gillett promised that the firm can provide a massive amount of storage to companies that need it at a lower cost.

    Gillett is confident that Chronicle can adequately meet any cybersecurity threat proactively. In his post, he wrote that “None of us have to settle for cybercrime being a fact of life, or for a reactive, expensive existence of cleanup and damage control.”

    [Featured image via Pixabay]

  • Alphabet (Google) Earnings Not As Good As Expected

    Alphabet (Google) Earnings Not As Good As Expected

    Google parent Alphabet just announced its financial results for the first quarter with revenue up 17% year-over-year at $20.35 billion. Non-GAAP earnings per share were lower than expected at $7.50 (versus $7.96), and the stock is on the way down as a result. It quickly fell by as much as 8%.

    Aggregate cost per click fell 9% year-over-year.

    Screen Shot 2016-04-21 at 5.25.24 PM

    CFO Ruth Porat commented, “Our Q1 results represent a tremendous start to the year with 17% revenue growth year on year and 23% growth on a constant currency basis. We’re thoughtfully pursuing big bets and building exciting new technologies, in Google and our Other Bets, that position us well for long term growth.”

    Here are some of the other numbers:

    Alphabet Earnings

    alphabet-earnings2

    alphabet-earnings3

    alphabet-earnings4

    alphabet-earnings5

    See the full report here.

  • Google Parent May Try to Buy Yahoo?

    Google parent Alphabet (formerly Google) is considering bidding on Yahoo as the deadline for first-round bids approaches. This is particularly interesting considering that regulators shut down a potential Google/Yahoo partnership years ago.

    Bloomberg reports that Verizon intends to make a first-round bid next week, and citing a different source, shares the Google news (which comes from a different, unnamed source).

    Citing yet another source, it says AT&T, Comcast, and Microsoft have all decided not to bid for now. The report says:

    Time Inc. is still evaluating a bid, while private equity funds Bain and TPG — among others — are also planning to make a run at the business, either alone or by backing a strategic acquirer, the people said. While the buyout firms haven’t yet paired themselves with a strategic buyer, they are open to the idea of doing so, the people said.

    IAC/Interactive Corp., News Corp, and Disney have all been mentioned as potential suitors at one time or another.

    The due date for first-round bids is April 11.

    Image via Wikimedia Commons

  • Watch This New Robot From Alphabet (Formerly Google) Do Human Things

    I know it’s cliche at this point to mention Terminator and Robocop in articles like this, but sorry, I call ’em like I see ’em.

    As you may know, Google bought Boston Dynamics, makers of humanoid (and other) robots in 2013 before becoming Alphabet last year. Boston Dynamics is now showing off its latest masterpiece, and it’s basically the most shiver-inducing coolest one yet.

    Boston Dynamics says:

    A new version of Atlas, designed to operate outdoors and inside buildings. It is specialized for mobile manipulation. It is electrically powered and hydraulically actuated. It uses sensors in its body and legs to balance and LIDAR and stereo sensors in its head to avoid obstacles, assess the terrain, help with navigation and manipulate objects. This version of Atlas is about 5′ 9″ tall (about a head shorter than the DRC Atlas) and weighs 180 lbs.

    Go ahead and marvel at the sight of this robot casually doing human things and thinking about replacing helping humans in a variety of scenarios.

    Yikes Awesome!

  • Alphabet Impresses On Revenue, Earnings

    Alphabet Impresses On Revenue, Earnings

    Google parent Alphabet announced its financial results for the fourth quarter and fiscal year ended December 31, 2015. The company beat Wall Street estimates for the quarter on earnings per share ($8.67) and revenue ($21.32 billion).

    Cost per click on ads was down 13% year-over-year. Paid clicks were up 31%.

    CFO Ruth Porat said, “Our very strong revenue growth in Q4 reflects the vibrancy of our business, driven by mobile search as well as YouTube and programmatic advertising, all areas in which we’ve been investing for many years. We’re excited about the opportunities we have across Google and Other Bets to use technology to improve the lives of billions of people.”

    The company’s headcount jumped from 53,600 in Q4 2014 to 61,814 this past quarter.

    Here are the numbers:

    Screen Shot 2016-02-01 at 4.38.15 PM

    Screen Shot 2016-02-01 at 4.41.28 PM

    Screen Shot 2016-02-01 at 4.41.51 PM

    Screen Shot 2016-02-01 at 4.43.18 PM

    Screen Shot 2016-02-01 at 4.44.10 PM

    Screen Shot 2016-02-01 at 4.44.30 PM

    Screen Shot 2016-02-01 at 4.45.23 PM

    See the full report here.

  • RankBrain: Google’s 3rd Most Important Ranking Signal

    RankBrain: Google’s 3rd Most Important Ranking Signal

    RankBrain is reportedly the third most important signal Google’s search algorithms use when determining what content to show users in search results. Out of over 200 signals, this is one of the most powerful. And we’ve never heard of it until now.

    RankBrain was revealed in a Bloomberg Business interview with Greg Corrado, a senior research scientist at Google. It was introduced into Google’s search algorithm on a wide scale earlier this year, and according to the Corrado, it quickly became the third most important signal out of “hundreds”.

    Do you feel like Google’s search results have become significantly better this year? Have you noticed much difference? Share your thoughts in the comments.

    So what it is exactly? It’s apparently the first Google ranking signal that actually learns.

    For more of a quick “at-a-glance” look at what we know about RankBrain, go here.

    Corrado told Bloomberg, “The other signals, they’re all based on discoveries and insights that people in information retrieval have had, but there’s no learning.”

    According to the article, a “very large fraction” of Google queries are interpreted by the artificial intelligence system known as RankBrain. It also helps Google deal with “the 15 percent of queries a day it gets which its systems have never seen before,” such as “ambiguous queries, like ‘What’s the title of the consumer at the highest level of a food chain?’” the report explains.

    “RankBrain uses artificial intelligence to embed vast amounts of written language into mathematical entities — called vectors — that the computer can understand,” it says. “If RankBrain sees a word or phrase it isn’t familiar with, the machine can make a guess as to what words or phrases might have a similar meaning and filter the result accordingly, making it more effective at handling never-before-seen search queries.”

    According to the report, RankBrain has performed better than Corrado and company have expected, and has had a ten percent better success rate than humans at Google asked to guess which results Google would rank number one for various queries. Corrado even indicated that based on experiments Google has run, turning RankBrain off is as damaging to users as turning off half of Wikipedia pages.

    RankBrain is only one of many ways Google is increasingly turning to machine learning to improve its products. Google CEO Sundar Pichai discussed the company’s efforts several times throughout Alphabet’s Q3 earnings conference call last week.

    In prepared remarks (via a transcript of the call from SeekingAlpha), he told listeners, “Our investments in machine learning and artificial intelligence are a priority for us. Machine learning has long powered things like voice search, translation, and much more. And our machine learning is hard at work in mobile services like Now on Tap, which quickly assist you by providing additional useful information for whatever you’re doing, right in the moment, anywhere on your phone. If you’re an Android user that runs Marshmallow, try it out by long pressing the home button, when you’re in the Map, it’s very cool.”

    “Another example is the Google photos app, which leverages powerful machine learning technology to help people discover, organize and share their photos,” he added. ” It’s a great product that people love. In fact, in just a few months since we launched it at Google I/O, photos is now used by over a 100 million users who have collectively uploaded more than 50 billion photos and videos.”

    During the Q&A portion of the call, Pichai said, “On mobile search – to me – increasingly we see – we already announced that or 50% of our searchers are on mobile. Mobile gives us very unique opportunities in terms of better understanding users and over time as we use things like machine learning, I think we can make great strides. So my long-term view on this is, it is ask compelling or in fact even better than the desktop, but it will take us time to get there, and we’re going to be focused to be get that.”

    In response to a later question, he said, “Machine learning is core transformative way by which we are rethinking everything we are doing. We’ve been investing in this area for a while. We believe we are state-of-the-art here. And the progress particularly in the last two years has been pretty dramatic. And so we are – we are thoughtfully applying it across all our products, be it search, be it ads, be it YouTube and Play et cetera. And we are in early days, but you will see us in a systematic manner, think about how we can apply machine learning to all these areas.”

    Clearly machine learning is going to permeate more and more of the overall Google experience as time goes on, and with RankBrain having become such an important factor to search in such a short amount of time, we’d have to expect Google’s search experience to continue to improve rapidly.

    RankBrain has reportedly been deployed for a “few months”.

    So as a webmaster/site owner, is there anyway you can take advantage of this third most important ranking signal? Unfortunately, there’s probably not a lot you can do to directly influence how RankBrain views your content. That said, the signal could very well help Google better point people to your content as it better understands what users are looking for, particularly when it comes to long tail searches, which still account for a substantial number of queries Google sees on a regular basis.

    As for which signals are more important to Google than RankBrain, Google won’t come out and say, but experts in the field like Danny Sullivan think they’re most likely links (the signal that put Google on the map in the first place) and words (as in the words users enter in searches and the words on website’s page).

    Do you expect RankBrain to have an effect on SEO strategy? Share your thoughts in the comments.

  • Alphabet Announces Q3 Google Results

    Alphabet Announces Q3 Google Results

    Alphabet, parent company of Google (that’s still weird to type), announced the Q3 financial results for Google as it existed before the company reorganization that went into effect on October 2. The results are for the quarter ended September 30.

    Google saw revenues of $18.7 billion and revenue growth of 13% year over year with constant currency revenue growth of 21% year over year.

    The company reported substantial growth in mobile search revenue, which was complemented by contributions from its YouTube and programmatic ad offerings.

    Google also reported:

    – GAAP and non-GAAP operating income of $4.7 billion and $6.1 billion, respectively

    – GAAP and non-GAAP diluted EPS of $5.73 and $7.35, respectively

    – Strong operating cash flow of $6.0 billion

    Ruth Porat, CFO of Alphabet and Google, said, “Our Q3 results show the strength of Google’s business, particularly in mobile search. With six products now having more than 1 billion users globally, we’re excited about the opportunities ahead of Google, and across Alphabet.”

    Here’s a look at paid clicks and cost-per-click:

    Screen Shot 2015-10-22 at 4.23.09 PM

    The Alphabet reorganization is being introduced in phases. For financial reporting purposes, the company says it expects the reorganization will result in disclosing its Google busienss as a single segment and all other Alphabet businesses combined as “Other Bets” starting in Q4.

    You can look at the full earnings release here.

    Image via Thinkstock

  • Alphabet Code Of Conduct Does Not Include ‘Don’t Be Evil’

    Google’s Code of Conduct has famously talked about not being evil for many years. It begins like this:

    “Don’t be evil.” Googlers generally apply those words to how we serve our users. But “Don’t be evil” is much more than that. Yes, it’s about providing our users unbiased access to information, focusing on their needs and giving them the best products and services that we can. But it’s also about doing the right thing more generally – following the law, acting honorably and treating each other with respect.

    The Google Code of Conduct is one of the ways we put “Don’t be evil” into practice. It’s built around the recognition that everything we do in connection with our work at Google will be, and should be, measured against the highest possible standards of ethical business conduct. We set the bar that high for practical as well as aspirational reasons: Our commitment to the highest standards helps us hire great people, build great products, and attract loyal users. Trust and mutual respect among employees and users are the foundation of our success, and they are something we need to earn every day.

    Back in August, Google announced a new corporate structure in which it becomes part of new parent company Alphabet. That went into effect late last week.

    With Alphabet now official, there’s a new Alphabet Code of Conduct, and it doesn’t say “Don’t be evil.” Rather, it just says to “Do the right thing.” Here’s the full text:

    Alphabet Code of Conduct

     

    Preface

     
    Employees of Alphabet and its subsidiaries and controlled affiliates (“Alphabet”) should do the right thing – follow the law, act honorably, and treat each other with respect.
     
    We expect all of our employees and Board members to know and follow this Code of Conduct. Failure to do so can result in disciplinary action, including termination of employment. Any waivers of this Code for directors or executive officers must be approved by our Board.
     
    Never retaliate against anyone who reports or participates in an investigation of a possible violation of the Code.
     
    If you are employed by a subsidiary or controlled affiliate of Alphabet, please comply with your employer’s code of conduct. If your employer doesn’t have its own code of conduct, if you have a question or concern about this Code or believe that someone may be violating it, or if you want to remain anonymous, you can make a report of a suspected violation or concern through our Helpline. 

    I. Avoid Conflicts of Interest

     
    A conflict of interest may arise any time competing loyalties could cause you to pursue a personal benefit for you, your friends, or your family at the expense of Alphabet or our customers. Avoid conflicts of interest and circumstances that reasonably appear to be a conflict. Sometimes a situation that previously didn’t present a conflict of interest may develop into one.
     
    When faced with a potential conflict, ask yourself:

       

    • Would this activity create an actual or apparent incentive for me to benefit myself, my friends, or my family?
    •  

    • Would this activity harm my reputation or hurt my ability to do my job?
    •  

    • Would this activity embarrass Alphabet or me if it showed up in the press?

     
    If the answer to any of these questions is “yes,” the relationship or situation is likely to constitute a conflict of interest, and you should avoid it. 

    II. Ensure Financial Integrity and Responsibility

     
    Ensure that money is appropriately spent, our financial records are complete and accurate, and our internal controls are honored.
     
    If your job involves the financial recording of our transactions, make sure that you’re familiar with all relevant policies, including those relating to revenue recognition.
     
    Never interfere with the auditing of financial records. Similarly, never falsify any company record or account.
     
    If you suspect or observe any irregularities relating to financial integrity or fiscal responsibility, no matter how small, immediately report them. 

    III. Obey the Law

     
    Comply with all applicable legal requirements and understand the major laws and regulations that apply to your work. A few specific laws are easy to violate unintentionally and so are worth pointing out here. If you have any questions about these laws or other laws governing our work, please consult the Helpline or our legal counsel. 

    1. Trade Controls

       
      Various trade laws control where we can send or receive our products and services. These laws are complex and apply to: 

      • importing and exporting goods to or from the United States and other countries
      •  

      • exporting services or providing services to non-U.S. persons
      •  

      • exporting technical data, especially data originating in the U.S.

       
      If you are involved in sending or making available products, services, software, equipment, or technical data from one country to another, work with your manager to ensure that the transaction stays within the bounds of applicable laws.

    2.  

    3. Competition Laws

       
      Be sure you follow all laws designed to promote free and fair competition and protect consumers. These laws generally prohibit 1) arrangements with competitors that restrain trade, 2) abuse of market power to unfairly disadvantage competitors, and 3) misleading or harming consumers.  Some of these laws carry civil and criminal penalties for individuals and companies.

    4.  

    5. Insider Trading Laws

       
      Do not use non-public information to buy or sell stock, or to pass it along to others so that they may do so. That could constitute the crime of insider trading.
       
      Familiarize yourself with Alphabet’s Insider Trading Policy. It describes policies that address the risks of insider trading, such as: 

      • a prohibition on hedging Alphabet stock
      •  

      • periodic blackout windows when you may not trade Alphabet stock
    6.  

      Anti-Bribery Laws

       
      Various laws that prohibit bribery in different settings. Our rule is simple – don’t bribe anybody, at any time, for any reason.
       
      Non-government relationships. Be careful when you give gifts and pay for meals, entertainment or other business courtesies on behalf of Alphabet. Avoid the possibility that the gift, entertainment or other business courtesy could be perceived as a bribe. Provide such business courtesies infrequently and, when you do, to keep their value moderate.
       
      Dealings with government officials. Various laws prohibit seeking to influence official action by offering or giving anything of value to government officials, candidates for public office, employees of government-owned or -controlled companies, public international organizations, or political parties. Avoid not only traditional gifts, but also things like meals, entertainment, travel, political or charitable contributions, and job offers for government officials’ relatives. With pre-approval, it may be permissible to make infrequent and moderate expenditures for gifts and business entertainment for government officials that are directly tied to promoting our products or services (e.g., a modest meal at a day-long demonstration of our products).

     

    IV. Conclusion

     
    We rely on one another’s good judgment to uphold a high standard of integrity for ourselves and our company. We expect all Board members and employees to be guided by both the letter and the spirit of this Code.
     
    Adopted October 2, 2015

    Alphabet Inc. is now a publicly traded company. Shares are up in Monday morning trading.

  • The Google Alphabet Restructuring Is About To Go Into Effect

    Today, Google becomes Alphabet. Well, Google still exists, but Alphabet is the parent company, and Google is under that.

    As you probably know, Google announced a new corporate structure, which included the birth of Alphabet, back in August. Larry Page becomes CEO of Alphabet, and Sundar Pichai becomes CEO of Google. Co-founder Sergey Brin is Alphabet’s President. The co-founders will oversee all of the companies under Alphabet, including Google, Fiber, Calico, Google Ventures, Google Capital, Google X, Life Sciences, and Nest. Most of Google’s well-known products (YouTube, Android, Gmail, etc. will remain under Google.

    Google announced today on its Investor Relations site:

    Google Inc. announced today that, pursuant to its previously announced plans to create a new public holding company, Alphabet Inc. (“Alphabet”), by implementing a holding company reorganization (the “Alphabet Merger”), it expects that the Alphabet Merger will close after the close of business on October 2, 2015. Google anticipates that shares of Google Class C Capital Stock and shares of Google Class A Common Stock will begin trading as Alphabet Class C Capital Stock and Alphabet Class A Common Stock, respectively, on the NASDAQ Global Select Market on October 5, 2015. Shares of Alphabet Class C Capital Stock and shares of Alphabet Class A Common Stock will continue to be traded under the same ticker symbols under GOOG and GOOGL, respectively.

    You can read more about the new corporate structure here. You can also read a drunk redditor’s explanation if you prefer that version.