Alphabet Inc. NASDAQ:GOOG

Alphabet, Google’s parent company, will stop using an intellectual property licensing scheme called the “Double Irish Dutch sandwich’ as of 2020. The scheme allowed the tech giant to delay paying taxes in the U.S. Changes made in tax law and international regulations have caused the company to rescind its use of this licensing structure, according to a Google spokesman. Sources claim that in 2018, Google transferred $24.5 billio...

As companies begin publishing figures for their revenue in 2019, Huawei Technologies has claimed that they are expecting to round off on $121.72 billion in revenue, an 18% increase compared to 2018.  The company still hasn’t completed its fourth quarter for 2019 yet but the estimated figure is lower than their previous forecasts. Company reps claim that this is because of the U.S.- China trade war and trade blacklisting in the U.S. Rep...

General Motors Company had filed a petition to the U.S National High Traffic Safety Administration (NHTSA) in 2018 to allow the car manufacturer to test a few of its latest developed self-driving vehicles on the roads. The vehicles are reported to lack steering wheels and have no human manageable controls. As per the announcement on Friday, discussion over the matter is likely to continue between GM and NHTSA in the upcoming week. NHTSA Administr...

The French competition authority announced a €150 million fine on Google on Friday. The regulator called Google’s advertising platform rules as unpredictable and unfair. The watchdog further added that applying such rules suggests that Google doesn’t refrain from abusing its monopoly that it has created over the market in the previous decades. Google has recently been under intense scrutiny from multiple regulatory bodies across...

The tax dispute between Google and Australia’s tax office has gone on for quite some time. As of Wednesday, however, Alphabet Inc’s subsidiary announced that the dispute has been settled. The company also announced that it had to pay an additional $326.75 million above the previous tax bill to settle the dispute. Settlement With Google Will Guide The Tax Treatments In The FutureAccording to the Google spokeswoman, the settlement was r...

In an attempt to ensure fair competition, the Financial Stability Board (FSB) announced on Sunday that Google, Amazon, Alibaba and a range of other tech giants could be pushed to share the financial services customers’ data with fin-tech firms and banks. Following Facebook’s scrutiny for its upcoming Libra cryptocurrency, regulators from all over the world have made a consensus that the rampant growth of tech giants may pose a threat...

The legal headaches for Google seem to have increased on Thursday as the Communications Workers of America union accused the multinational technology company of unlawfully firing 4 of its workers to prevent the employees from participating in union activities. As per the report, a federal labor charge has been filed by the union against Google. Following the accusation, analysts are expecting the National Labor Relations Board (NLRB) to take noti...

Google has been under scrutiny by the EU antitrust regulators more than ever in the past two years. Over 40 European companies accused Google’s parent company, Alphabet, last week of being biased for its price comparison shopping service. Owing to a joint complaint in writing to the European Commission, Margrethe Vestager, European Competition Commissioner, announced on Saturday that Google is under investigation for its data collection pra...

The U.S – China trade negotiations continue to refill the financial markets with optimism that saw the S&P 500 index printing its second-highest close ever on Friday. Following the completion of tech consultations on parts of the trade deal that was recently announced by the U.S trade representative (USTR), Mr. Robert Lighthizer, S&P 500 challenged and briefly even break the record high of 3,025 level on Friday. USTR had further add...

The time for merely challenging the crucial resistance is over for the S&P 500 index. The market has officially printed 3,027 level that marks a break above its all-time high of 3,025. The index opened at 3,003.32 on Friday, October 25th, 2019. With a significant upward trend, the market posted a daily high of 3,027.19 and is currently trading at 3,021.71. U.S – China Trade Optimism Has Fueled Today’s Upward Rally The bull rally o...

The up and down cycle of the S&P 500 index continues on Thursday, October 24th, 2019. The market opened at around 3,015 level that was only 10 points lower than the all-time high for the index. Minutes into the trading session, a downward rally got steam and made a daily low of around 3,000 level. As per the latest report, the market has already started to recover from the downbeat rally and is currently trading around 3,007. Tech Industry Ha...

Google shares are lower Thursday, amid privacy concerns over a UK-based health app Streams now that AI expert DeepMind, has handed it over the the tech giant.

Google shares closed lower in the US Thursday, as the tech giant's staff conducted a global, co-ordinated walk out, to protest against its sexual harassment complaints policy.

Google shares closed in the red Monday, as the tech giant launched its AI Impact Challenge to invite submissions for how its AI capabilities could be used to positively benefit society.

Google shares closed higher Thursday, but moved lower after-hours, following the release of its third quarter earnings.

Google shares close higher Monday, as the tech giant loses a landmark case brought by Portuguese app store, Aptoide.

Google shares are lower Wednesday, as the US tech giant has made changes to its Android services policies to comply with an EU ruling made in July.

Google shares fell Monday, as CEO Pichai confirmed to a tech conference audience that he had a team working on a censored version of the search engine for Chinese users.

Google shares fell Monday, as the tech giant confirmed it had discovered a flaw in its data security for Google+.

Google shares are higher Monday, as a UK High Court blocks a mass privacy case against it.