Google share price U (for up) after Alphabet restructure August 11, 2015 Wall Street's more than happy with Google's restructuring move. Google shares, or Alphabet shares as they should now be known, opened more than five per cent up continuing the trend in after-hours trading following Larry Page's blog post revealing the new company vision. Investors are likely pleased that the move brings more transparency to the [...]
Google’s transition to Alphabet can help teach startups their corporate governance ABCs August 11, 2015 If it isn’t code for job losses, the announcement of a company restructure is normally reserved for the back of the business pages. When Larry Page posted a blog outlining the creation of Alphabet, an umbrella holding company to look over Google’s sprawling empire of businesses, however, it set newsrooms and investors alight. [...]
Google’s new chief Sundar Pichai: Three things you need to know about the top boss after Alphabet restructure August 11, 2015 In a shock move, Google has announced it will become just a part of a new corporate holding company named Alphabet, which will encompass everything from artificial intelligence company Deep Mind to restaurant reviews site Zagat. Read more: Alphabet soup? Here's what the new Google looks like The company added that with co-founders Sergey Brin and [...]
Google share price jumps 5pc after shakeup leaving it part of “Alphabet” with Sundar Pichai taking over from Larry Page August 11, 2015 “G is for Google.” But that’s about to change, as Google announced restructuring plans leaving the search giant as a subsidiary of new parent company Alphabet. The new company will function as a "collection of companies" with Google as the largest one. The idea behind the new organisation is to slim down Google, with Alphabet [...]
Google name change to Alphabet shocks Wall Street August 11, 2015 Google stunned investors last night by unveiling a radical restructuring that will see it become part of a holding company named Alphabet. Shares in the global tech giant jumped in after-hours trading after co-founder Larry Page published a blog post detailing the new plans. The move is designed to differentiate between Google’s core [...]
Gene-editing startup Editas just raised $120m from Bill Gates, Google Ventures and 12 other investors August 10, 2015 A gene-editing startup has just raised $120m to learn more about replacing faulty genes, gaining support from Microsoft billionaire Bill Gates and 13 other investors. The startup Editas Medicine want to tackle grave illnesses by removing our defective genes, and plan to use the recently raised capital to study a new technology that could finally [...]
Traditional banking needs to act fast to survive Google’s predictive power August 6, 2015 The options we have for our everyday bank accounts are increasing. Virgin Money, Tesco Bank and the Post Office have recently entered the personal current account market, and prospective entrants include Atom, Starling, Civilised Bank and OakNorth. But could the biggest competition to our traditional banks be hiding in plain sight? There are various factors [...]
Apple prepares a voicemail service that will transcribe your messages using Siri to compete with Microsoft’s Cortana and Google Now August 3, 2015 The problem is obvious: Leaving voicemail is quick and convenient. Unfortunately, listening to it is sadly tedious. This age-old telephone dilemma has been solved, and the solution is ingeniously simple: transcribing incoming voicemail messages so that you can read them instead. Apple is preparing a new tool which will use voice assistant Siri to transcribe [...]
After Stagefright hack, new security flaw discovered that could render Android devices “totally silent and non-responsive” July 30, 2015 A security flaw that could make half the world’s Android phones “totally silent and non-responsive” has been uncovered, just days after the Stagefright hack was revealed. The new flaw affects devices running versions of the operating system from 4.3 to the present one, which is around 57 per cent of devices worldwide, according to to [...]
One in four millennials would rather bank with a tech company like Apple or Google than their current bank July 29, 2015 Fed up with your bank? You’re not alone. Just one in three millennials (that's people born after 1980) actually think their bank meets their requirements, and in fact, quite a few of them think Apple or Google would do a better job. It seems out of touch banks risk losing millennial business, as just 32 [...]