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Google founders Larry Page and Sergey Brin are now worth more than $100 billion, making them 2 of only 8 centibillionaires in the world

Google co-founders Sergey Brin and Larry Page. Chris Hondros/Getty Images Google co-founders Larry Page and Sergey Brin have joined the $100 billion club. Their net worths have soared by a collective $40 billion during the pandemic thanks to soaring tech stocks. Page and Brin own controlling shares in Google parent Alphabet. See more stories on Insider's business page. Google cofounders Larry Page and Sergey Brin are now worth more than $100 billion thanks to surging tech stocks.Page a...
Tags: Google, Amazon, Mark Zuckerberg, Elon Musk, UK, Trends, Tech, Tesla, Bloomberg, Larry Page, Billionaires, Sergey Brin, Sundar Pichai, Stanford University, Lvmh, Sidewalk Labs


Biden proposes global reforms to end ‘profit shifting’ to tax havens

‘Seismic’ plan to get big tech and multinationals to pay their fair share could be in place by mid-2021President Joe Biden has proposed sweeping global tax reforms that would limit the ability of multinational corporations to shift profits overseas, while taking steps to forge a landmark agreement on a worldwide minimum tax rate.The proposals are designed to tackle the very low rates of tax paid by the digital giants Google, Facebook and Apple, and major brands like Nike and Starbucks, which hav...
Tags: Apple, Google, Amazon, Facebook, Europe, Business, UK, Nike, UK News, World news, Joe Biden, US news, Ireland, Global Economy, Tax Avoidance, Starbucks


Microsoft approaches $2 trillion in market value as its stock hits record high

Microsoft CEO Satya Nadella. Stephen Brashear/Getty Images Microsoft is closing in on a $2 trillion market capitalization.It would be only the second US company after Apple to pass that threshold.The computing titan's shares surged 60% in 2020 and are up another 17% this year.See more stories on Insider's business page.Microsoft could soon become only the second American company ever to command a $2 trillion market capitalization.The computing giant's stock price climbed more...
Tags: Apple, Amazon, Microsoft, Wall Street, Satya Nadella, US, Trends, Linkedin, Markets, Bill Gates, Paul Allen, Steve Ballmer, Stocks, Goldman Sachs, Mojang, Alphabet


Google Nest Hub (2nd gen) review: wearable-free sleep tracking smart display

Radar-based gesture and sleep tracking turns top smart assistant into a great alarm clock tooGoogle’s second-generation Nest Hub smart display now comes with radar-based sleep tracking as it attempts to keep Amazon’s Alexa at bay.The new Nest Hub costs £89.99 on launch, which makes it cheaper than its predecessor and slightly undercuts competitors of a similar size. Continue reading...
Tags: Google, Amazon, Gadgets, Technology, Alexa, Alphabet, Google Assistant, Smart Speakers, Google Nest Hub


A former Google engineer said she endured a year of harassment. She's now vowing to 'never love a job again.'

Google's logo seen at its Mountain View campus. Alex Tai/SOPA Images/LightRocket via Getty Images Ex-Google engineer Emi Nietfeld said she endured harassment and retaliation while working there. In an op-ed for The New York Times, she said Google's response led her to vow to "never love a job again." Multiple current and former Googlers have accused the company of discrimination. See more stories on Insider's business page. Workers have long coveted jobs in the tech industry be...
Tags: Google, Enterprise, Labor, Sexism, Trends, Company Culture, New York Times, Mountain View, Sexual Harassment, Gender Discrimination, Alphabet, Meredith Whittaker, Oher, Tech Insider, Tyler Sonnemaker, Alex Tai SOPA Images LightRocket


Google's I/O conference is returning May 18-20 and will be entirely virtual

Google CEO Sundar Pichai speaks during Google I/O 2016 Justin Sullivan/Getty Images Google I/O is coming back for 2021, and will be held remotely May 18-20, 2021, the company confirmed Wednesday. The conference was canceled entirely last year because of the pandemic. I/O is Google's biggest annual event, where it showcases upcoming software updates and, occasionally, new hardware. See more stories on Insider's business page. Google will return to its annual I/O developer conference...
Tags: Google, Trends, Sundar Pichai, Alphabet, Pixel, Mountain View California, Justin Sullivan Getty, Tech Insider, Hugh Langley


Section 230 Preempts Contract Breach Claims–Morton v. Twitter

This case involves the model Genevieve Morton. She created nude images and sold them at her website. An interloper, SpyIRL, tweeted some of the images. Morton asked Twitter to remove the images and suspend the accounts. Twitter removed the images but didn’t immediately remove the associated tweets or suspend the accounts. Morton sued SpyIRL and Twitter for the following claims: copyright, FOSTA, publicity rights, Lanham Act false advertising, privacy invasion, defamation, “contractual fraud,” N...
Tags: Google, Facebook, Twitter, Yahoo, Law, Youtube, Court, Paypal, Copyright, Noah, Aol, Enigma, Ucl, Zillow, Grindr, Malwarebytes


Another Must-Carry Lawsuit Against YouTube Fails–Daniels v Alphabet

[I’ll discuss Justice Thomas’ latest bonkers statement later this week] Daniels, a/k/a “Young Pharoah,” posted videos to YouTube, apparently of the #MAGA genre. YouTube removed some videos, allegedly “shadowbanned” him (again, I raise questions whether that’s the appropriate term here), and allegedly kept money it should have paid to him. (This looks like a situation where YouTube applied overlapping content moderation remedies). He sued YouTube for a variety of claims, all of which fail. Perso...
Tags: Google, Twitter, Law, Congress, California, Youtube, Vimeo, Enigma, Aaps, Malwarebytes, Alphabet, Thomas, Murphy, Pharoah, Daniels, Alphabet Inc


Another SAP in the face for Oracle: Alphabet soups up financial software by moving off Big Red systems

Nothing to do with THAT court case or lack of Oracle certification on GCP. Nope. Definitely not Google owner Alphabet has switched from Oracle to SAP for its main financial software in a move that has dented Big Red's share price.…
Tags: Google, Software, Sap, Alphabet


10 things in tech you need to know today

Facebook CEO Mark Zuckerberg. Energy and Commerce Committee/YouTube Good morning and welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Let's get started.1. Leaked data of more than 550 million Facebook users appeared online, including phone numbers. The leaked data could provide valuable information to cybercriminals who use people's personal information to impersonate them or scam them into handing over login credentials.2. Alphabet has a secretive team worki...
Tags: Amazon, Facebook, US, NFL, America, Newsletter, Trends, Tech, Hp, Bank Of America, Crypto, Silicon Valley, Jeff Bezos, Coinbase, Silicon Valley Bank, Alphabet


Google tells employees they won't be disciplined if they discuss wages and working conditions

Alphabet Inc.'s Google logo. Ng Han Guan/AP Photo Google has settled a complaint filed to the NLRB over employees discussing pay. Google will not discipline workers who discuss pay, hours, or working conditions with one another. A Google contractor said she was illegally suspended for complaining about the company's policy. See more stories on Insider's business page. Google will not bar employees from discussing pay with their colleagues, settling a complaint filed to the Nati...
Tags: Google, News, Trends, Salary, Nlrb, Alphabet, Alphabet Inc, Facebook Read, UNI Global Union, Communications Workers of America, MODIS, Tech Insider, Allana Akhtar, Alphabet Workers Union, Parul Koul, Alpha Global


Apple invests $50M into music distributor UnitedMasters alongside A16z and Alphabet

Independent music distribution platform and tool factory UnitedMasters has raised a $50M series B round led by Apple. A16z and Alphabet are participating again in this raise. United Masters is also entering a strategic partnership with Apple alongside this investment.  If you’re unfamiliar with UnitedMasters, it’s a distribution company launched in 2017 by Steve Stoute, a former Interscope and Sony Music executive. The focus of UnitedMasters is to provide artists with a direct pipeline to...
Tags: Apple, TC, Spotify, US, Social Media, Tech, Music Industry, Ceo, Companies, Software, United States, Nba, Espn, Manufacturing, National Basketball Association, Ben Horowitz


Google criticised for failing to remove antisemitic Auschwitz reviews

Company says it ‘must do better’ after Guardian finds more than 150 offensive comments on Maps site Google has said it “must do better” at removing what campaigners called “sickening” and “grotesque” antisemitic content following an investigation by the Guardian.More than 150 antisemitic comments were discovered on the Google Maps site for the Auschwitz-Birkenau concentration camp, where the Nazis killed 1.1 million people, the overwhelming majority Jews. Continue reading...
Tags: Google, Religion, World news, Second world war, Judaism, Guardian, Internet Safety, Alphabet, Auschwitz, Auschwitz Birkenau, Antisemitism


Orca Security raises $210M Series C at a unicorn valuation

Orca Security, an Israeli cybersecurity startup that offers an agent-less security platform for protecting cloud-based assets, today announced that it has raised a $210 million Series C round at a $1.2 billion valuation. The round was led by Alphabet’s independent growth fund CapitalG and Redpoint Ventures. Existing investors GGV Capital, ICONIQ Growth and angel syndicate Silicon Valley CISO Investment also participated. YL Ventures, which led Orca’s seed round and participated in previous round...
Tags: Google, Security, Startups, TC, Cloud, Enterprise, Israel, Tech, Analytics, Redpoint Ventures, Alphabet, Palo Alto Networks, Ggv Capital, Glenn Solomon, Avi, Orca


Senate Considering Hauling in Facebook, Twitter CEOs so They Can All Ramble for Hours About Whatever BS Gripe They Have This Time

If you thought last year’s clusterf*ck of a Senate hearing on social media was a good use of everyone’s time, congrats! The Senate is considering calling Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey, and the rest of the gang back together for another hearing, this time before the Judiciary Committee.Read more...
Tags: Apple, Google, Facebook, Uber, Mark Zuckerberg, Twitter, Hbo, Isis, Science, Senate, Social Media, Joe Biden, Paypal, Software, Glenn Greenwald, Computing


Newspaper Isn’t State Actor–Plotkin v. Astorian

Plotkin placed a political ad with the Daily Astorian newspaper that allegedly advocated against Holcom and Hilton. The opinion doesn’t explain why Plotkin objected to these candidates, but Plotkin’s frequent letters to the editor give some clues. Even without advertising, Plotkin appears to have good access to the Astorian’s audience. I count 6 letters so far in 2021. After accepting the ad, the newspaper heard from one of the referenced individuals (Holcom, according to the complaint). Pointi...
Tags: Google, Facebook, Law, Linkedin, Icann, Hilton, Johnson, Alphabet, Wilson, Perez, Lewis, Jayne, Google Facebook, ZIMMERMAN, Facebook Google, Quigley


Google plans to invest $7 billion in US offices and data centers, including new offices in Houston and Portland, even while others eye permanent remote working

Google CEO Sundar Pichai. Stephanie Keith/Getty Images Google plans to open new offices in Houston and Portland, CEO Sundar Pichai said Thursday. Google unveiled plans to spend $7 billion on offices and data centers across 19 states. Pichai said the expansions would create at least 10,000 new full-time jobs in the US this year. See more stories on Insider's business page. Google plans to ramp up its real estate by investing more than $7 billion in offices and data centers across 19 sta...
Tags: Google, Work From Home, New York, Texas, California, US, Trends, Chicago, Working From Home, Portland, Silicon Valley, Houston, Portland Oregon, Illinois, Sundar Pichai, Alphabet


The 10-year Treasury yield has jumped to its highest in 14 months, cutting further into gains for growth stocks

Federal Reserve Chairman Jerome Powell. Pool/Getty Images Borrowing costs are rising as implied by the benchmark 10-year Treasury yield, which hit its highest since January 2020. Tech stocks fell as the yield pushed past 1.6%, drawing the Nasdaq Composite down 1% during Wednesday's trading session. The Fed would likely spring into action if the 10-year yield were to hit 2% by the end of March, says one analyst. See more stories on Insider's business page. Borrowing costs as trac...
Tags: Apple, Google, Microsoft, US, Trends, Markets, Bank Of America, Treasury, Trading, Pfizer, Federal Reserve, Stock Market, Alphabet, Fed, Moya, Johnson Johnson


The Competitive Ecosystem: Thinking Ahead to Interconnectedness

IN 1982, then graduate students at Carnegie Mellon, Michael Kazar and David Nichols, devised an early IoT (Internet of Things) experiment. Recalls Kazar, “There was a Coke machine on the third floor of this eight-story building, and people didn’t like the fact that they would go down all the way to the third floor and discover that the Coke machine was empty. Someone said, ‘Hey, why don’t we set it up so the Coke machine is on the Internet?’” They set up a serial line connecting the Coke mach...
Tags: Google, Facebook, New York, Leadership, Larry Page, United States, Sergey Brin, David Nichols, Coke, Alphabet, Mountain View California, University of North Carolina Chapel Hill, Creativity & Innovation, Yale University He, Kazar, William Putsis


Google Must Face $5 Billion Lawsuit Over Tracking Private Internet Use, Judge Rules

"Google failed to win dismissal of a lawsuit alleging it collects users' data on internet activity even when they browse in a browser's private incognito mode," reports CNET: The lawsuit, filed in June, alleges Google violates wiretapping and privacy laws by continuing to "intercept, track, and collect communications" even when people use Chrome's incognito mode and other private web browser modes. A federal judge on Friday denied the tech giant's request for dismissal of the lawsuit, which see...
Tags: Google, California, US, Tech, Cnet, Alphabet, Reuters, San Jose California, Lucy Koh, Google Analytics Google, Google Must Face


MyPillow Guy Says He’s Starting Some Kind of Little Twitter Platform That’s 'Not Just Like a Little Twitter Platform'

Mike Lindell, America’s pillow man, may be being sued for $1.3 billion for spreading hoax, pro-Donald Trump conspiracy theories claiming election tech manufacturer Dominion Voting Systems engaged in massive fraud to get Joe Biden into office. But soon that might only be a sliver of the MyPillow founder’s riches,…Read more...
Tags: Twitter, Science, Technology, Joe Biden, Software, Donald Trump, Operating Systems, Alphabet, Lindell, Mike Lindell, My Pillow, Charlie Kirk, Dominion Voting Systems, Mike Lindell America


The recent sell-off has taken the 'frothiness' out of SPACs and has made mega-cap tech stocks look more attractive, Bespoke Investment says

Traders at work at the New York Stock Exchange. Johannes Eisele/AFP via Getty Images The air has escaped the "frothiest" parts of the market after huge gains, says Bespoke Investment. "Extreme" selling in momentum stocks has left a number of them driven down by half. The 30 largest stocks in the Russell 1000 have combined lost more than $1 trillion in market cap. Visit the Business section of Insider for more stories. The recent slide in stocks has wiped out the "frothiness" in some of ...
Tags: Apple, Google, Amazon, Facebook, Microsoft, US, Trends, Tech, Markets, Getty Images, Treasury, Alphabet, Russell, Apple Microsoft, Nasdaq Composite, Bespoke Investment Group


Google says it won’t adopt new tracking tech after phasing out cookies

While we’ve written about attempts to build alternatives to cookies that track users across websites, Google says it won’t be going down that route. The search giant had already announced that it will be phasing out support for third-party cookies in its Chrome browser, but today it went further, with David Temkin (Google’s director of product management for ads privacy and trust) writing in that “once third-party cookies are phased out, we will not build alternate identifiers to track individ...
Tags: Apple, Chrome, Google, UK, Advertising Tech, Tech, Policy, Cookies, Competition And Markets Authority, Alphabet, Electronic Frontier Foundation, Temkin, David Temkin, Federated Learning of Cohorts


US Drops Digital Tax Demand, Opening Door To Global Deal (slashdot)

The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet's Google and Facebook, lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. From a report: Treasury Secretary Janet Yellen told her counterparts at a virtual meeting of Group of 20 finance officials that the U.S. is no longer calling for a so-called safe harbor rule that would allow U.S. companies to opt out of paying such a tax overseas,...
Tags: Google, Facebook, Europe, News, US, Treasury, Janet Yellen, Donald Trump, Alphabet, Yellen, Olaf Scholz, Msmash, My U S


US Drops Digital Tax Demand, Opening Door To Global Deal

The U.S. has dropped a key demand in negotiations over digital taxation of technology companies such as Alphabet's Google and Facebook, lifting a barrier that had raised transatlantic trade tensions and prevented an international deal. From a report: Treasury Secretary Janet Yellen told her counterparts at a virtual meeting of Group of 20 finance officials that the U.S. is no longer calling for a so-called safe harbor rule that would allow U.S. companies to opt out of paying such a tax overseas,...
Tags: Google, Facebook, Europe, US, Tech, Treasury, Janet Yellen, Donald Trump, Alphabet, Yellen, Olaf Scholz, My U S


Metro terminates ‘smart city’ data project meant to help count bikes

Sample of Replica analysis. A data project billed as the “next generation urban planning tool” that involved over two years of negotiations between Metro, TriMet, the City of Portland, and Google-owner Alphabet has crashed-and-burned. On Saturday, Red Tail Media reported that a contract between Metro and Sidewalk Labs to develop the Replica tool for regional use been officially terminated. “A city tech project in Portland with the Sidewalk Labs spin-off leads to accusations, data disputes and ‘...
Tags: Google, Sport, Data, Bbc, Front Page, Cycling, Portland, Replica, Sidewalk Labs, Alphabet, Metro, Rose, Kaye, Portland Bureau of Transportation, Eliot, Portland City Council


Foresite Capital raises $969 million fund to invest in healthcare startups across all stages of growth

Health and life science specialist investment firm Foresite Capital has raised a new fund, its fifth to date, totally $969 million in commitments from LPs. This is the firm’s largest fund to date, and was oversubscribed relative to its original target according to fund CEO and founder Dr. Jim Tananbaum, who told me that while the fundraising process started out slow in the early months of the pandemic, it gained steam quickly starting around last fall and ultimately exceeded expectations. This l...
Tags: Health, Fundings & Exits, TC, Entrepreneurship, Finance, Articles, Tech, Investment, Ceo, Economy, Innovation, Venture Capital, Machine Learning, Private Equity, Fund, Biotech


CEOs like Google's Sundar Pichai and Microsoft's Satya Nadella are among the most overpaid CEOs, according to a new report

Google CEO Sundar Pichai speaks during a developers conference. REUTERS/Stephen Lam As You Sow has released its seventh annual report detailing the 100 most overpaid CEOs. The top 30 CEOs on the list includes Alphabet's Sundar Pichai and Microsoft's Satya Nadella. Nine companies have made the list every year, including Walt Disney, Goldman Sachs, and IBM. Visit the Business section of Insider for more stories. CEOs like Alphabet's Sundar Pichai and Microsoft's Satya Nadella are among the t...
Tags: Google, Facebook, News, Microsoft, Satya Nadella, Trends, Ceo, Intel, Walgreens, Discovery, Comcast, T-mobile, Ibm, Silicon Valley, Walt Disney Company, Ralph Lauren


Alphabet's Sidewalk Labs has abandoned another US smart city project after reported fights about transparency

Getty Images/RyanJLane Yet another smart city project launched by Google-backed Sidewalk Labs has been scrapped. Officials in Portland, Oregon said it had ended its relationship with Sidewalk spin-off firm Replica.  The move follows failures to get another project off the ground in Toronto.  Visit the Business section of Insider for more stories. Sidewalk Labs, a sister company of Google, has ditched another smart city plan after reported disputes over data sharing with officials.In 2019,...
Tags: Google, Technology, US, Toronto, Trends, Bbc, Portland, Portland Oregon, Kansas City, Sidewalk Labs, Alphabet, Metro, Portland City Council, Portland Metro, Tech Insider, Martin Coulter


Google-linked smart city plan ditched in Portland

It is another blow for Alphabet-owned Sidewalk Labs which cancelled a project in Toronto last year.
Tags: Google, News, Toronto, Portland, Sidewalk Labs, Alphabet



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