Welcome to our dedicated page for Alphabet news (Ticker: GOOG), a resource for investors and traders seeking the latest updates and insights on Alphabet stock.
Alphabet Inc., headquartered in Mountain View, California, is an American multinational technology conglomerate holding company that was established through the restructuring of Google on October 2, 2015. As the parent company of Google and numerous former Google subsidiaries, Alphabet plays a crucial role in the tech industry.
Alphabet is primarily a holding company, with its flagship subsidiary, Google, generating nearly 90% of its revenue. Google’s income streams are diverse, encompassing online advertising, sales of apps and content via Google Play and YouTube, as well as hardware sales, including Chromebooks, Pixel smartphones, and smart home products like Nest and Google Home. Additionally, Google’s cloud computing services contribute to more than 10% of Alphabet’s total revenue.
Alphabet is also known for its 'Other Bets' segment, which includes ventures into innovative technologies such as health tech through Verily, advanced internet access via Google Fiber, and autonomous driving with Waymo, among others. These initiatives reflect Alphabet's commitment to pioneering new technologies and expanding its market impact.
Recently, Alphabet was highlighted by BetterInvesting Magazine as the
HiHello, a digital brand and identity software platform, has appointed Shana Simmons and Eugenio Pace to its Board of Directors. Simmons, currently Chief Legal Officer at Zendesk, brings over 15 years of legal leadership experience, including roles at Everlaw and Google Cloud. Pace, co-founder and former CEO of Auth0 (acquired by Okta for $6.5 billion), contributes extensive expertise in identity and access management.
These appointments aim to provide strategic guidance as HiHello expands its enterprise-ready platform for modern digital business cards. CEO Manu Kumar expressed confidence in the value these industry leaders will bring to HiHello's growth trajectory and innovation efforts.
MoneyLion (NYSE: ML) has appointed Jon Kaplan as its first Chief Revenue Officer (CRO). Kaplan, a tech veteran with experience at Pinterest and Google, will lead MoneyLion’s go-to-market strategy and expand its digital financial ecosystem. He aims to leverage data assets to create new revenue streams and enhance the company's market share. Kaplan previously served as CRO at Madhive and Pinterest, significantly increasing revenue at both companies. CEO Dee Choubey expressed confidence in Kaplan's ability to drive growth and innovation at MoneyLion.
MongoDB, Inc. (NASDAQ: MDB) and Google Cloud (NASDAQ: GOOG) are collaborating to optimize Gemini Code Assist for developers building applications on MongoDB. Gemini Code Assist, powered by AI, provides code suggestions, updates codebases, and answers developers' questions, enhancing application development and modernization on MongoDB. The collaboration aims to empower developers to prototype new features faster, accelerate application development, and focus on challenging tasks by integrating generative AI into their workflows.
