Google to Buy Fitbit for $2.1B
The deal helps Google better compete in the wearables market dominated by Apple and Xiaomi.
Alphabet’s Q2 Results Ease Growth Concerns
“We’re delivering strong growth," CFO Ruth Porat says after Google's parent reports a 19% increase in revenue to $38.9 billion.
Shadow of Rising Costs Looming Over Google
Google parent Alphabet reports a 24% gain in Q4 revenue but the fees Google pays to third-party search partners jumped 33%.
Google Revenue Hits Record on Ad Sales Surge
Google's core business brought in $24.1 billion during Q3 but it remains to be seen whether its "Other Bets" will ever be as important.
EU Hits Google with Record Fine
The Internet giant has been ordered to change its practices or face further financial penalties.
Google Parent Sells Robotics Unit to SoftBank
Since Ruth Porat became CFO last year, Alphabet has been taking "significant measures to slim down its experimental efforts."
Why Workday Adopted New Revenue Recognition Rules Early
CFO Robynne Sisco explains the reasons the company opted, unlike all but a few others, to be an early adopter of the new revenue recognition standard.
Google’s Non-Advertising Revenue Rises 62%
CFO Ruth Porat sees "tremendous potential" in such businesses as hardware products, apps sold through the Google Play store, and the cloud.
Google Adds Cloud Services With Apigee Deal
The $625 million acquisition of the developer of API management software accelerates Google's push into the enterprise cloud market.
Alphabet Stock Tumbles 6% on Earnings Miss
Adjusted net income rose nearly 16% to $7.50 per share, but analysts were expecting earnings of $7.97 per share.
Will Machines Take Over Finance?
A lot of “knowledge work” today is really just the routine application of a set of rules, with some ability to identify situational errors and exceptions.