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Alphabet Inc. - GOOG STOCK NEWS

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

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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.

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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.

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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.

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Lüm Mobile, SaskTel's all-digital mobile brand, has launched Lümbot, an AI-powered virtual agent from Alepo to deliver an all-digital customer support experience. Lümbot uses Generative AI and Large Language Models to provide accurate, human-like customer service sessions, resulting in a drastic reduction in escalations to human agents. The AI Virtual Agent is designed to handle a wide range of inputs, understand context, and adapt personas in real time based on session context. The platform aims to drive wireless subscriber take-up rates for Lüm Mobile by delivering an unparalleled digital experience, ultimately boosting subscriber satisfaction.
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VMware and Google Cloud expand partnership to deliver Google Cloud's AlloyDB Omni database on VMware Cloud Foundation. The solution allows enterprises to modernize their databases and applications, simplify management of PostgreSQL, and accelerate their AI journey. AlloyDB Omni will be the first third-party PostgreSQL-compatible database integrated with VMware Cloud Foundation, providing customers with enterprise-grade support. The integration of AlloyDB Omni with VMware Data Services Manager and VMware vSAN offers superior performance, scalability, simplified management, and developer-friendly consumption. Availability is currently in Technology Preview.
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Danaher Corp. (NYSE: DHR) has been named the 'Stock to Study' and Alphabet Inc. (NASDAQ: GOOG) as the 'Undervalued Stock' by the Editorial Advisory and Securities Review Committee of BetterInvesting Magazine. This announcement highlights the importance of quarterly earnings presentations and the use of the BetterInvesting Stock Selection Guide for assessing a company's sales, earnings, and profitability. Investors can find more details in the October 2023 issue of BetterInvesting Magazine.
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AEye, a global leader in lidar solutions, has appointed Conor Tierney as Chief Financial Officer. Tierney brings 20 years of financial leadership experience from top technology companies. His deep financial acumen will be valuable as AEye focuses on executing its strategic plan.
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Alphabet Inc.

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