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'Future city' to be built in Canada by Alphabet company

2017-10-18 12:56:49| BBC News | Business | UK Edition

Google sister company Sidewalk Labs is to build a digital city on Toronto's waterfront.

Tags: company city canada future

 

Alphabet profit falls in Q2 after USD 2.7 bln fine from EU

2017-07-24 23:15:00| Telecompaper Headlines

(Telecompaper) Alphabet, the parent company of Google, reported a drop in second-quarter net profit, hurt by the competition fine of USD 2.7 billion imposed on the company by the European Commission. In a rare occurrence for the company since it went public, net profit fell to USD 3.524 billion or USD 5.01 per share from USD 4.877 billion or USD 7.00 per share a year earlier. Excluding the fine, net profit was still up, at USD 6.260 billion, according to adjusted figures presented by Alphabet.

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Alphabet profits rocked by EU fine

2017-07-24 22:42:49| BBC News | Business | UK Edition

Google parent Alphabet reports revenues rose in the second quarter but profits drop by almost a third.

Tags: fine profits alphabet rocked

 

Nokia, Qualcomm, Alphabet demo private LTE over CBRS band

2017-02-07 14:46:00| Telecompaper Headlines

(Telecompaper) Nokia, Qualcomm and Alphabet have demonstrated a private LTE network using 3.5 GHz spectrum in the US. The companies are all founding members of the CBRS Alliance, set up to take advantage of the spectrum designated by the FCC for shared, unlicensed use in the 3.5 GHz band, known as Citizens Broadband Radio Service. The partners built the network at the Las Vegas Motor Speedway and also used the demo to show off 360-degree video streaming of the in-car experience on the race track.

Tags: private band nokia demo

 

Google ad business drives increase in Alphabet Q3 profit

2016-10-28 08:24:00| Telecompaper Headlines

(Telecompaper) Alphabet, the parent company of Google, reported a strong increase in third-quarter profits, led by continued expansion in Google's advertising business. Revenues rose 20 percent year-on-year to USD 22.45 billion, and operating profit increased to USD 5.77 billion from USD 4.71 billion, leading to an increase in the margin to 34 percent from 33 a year ago. Net profit rose to USD 5.06 billion or USD 7.25 per share from USD 3.98 billion or USD 5.73 per share a year earlier.

Tags: business google increase profit

 

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