Tuesday, 20 Nov 2018
Category: Alphabet

The highest flying consumer tech stocks have lost $1 trillion

Another day, another stock market setback for once high-flying technology companies, which have lost roughly $1 trillion in the latest stock market slide. Shares of the core group of consumer technology companies including Facebook, Amazon, Apple, Alphabet, and Netflix are falling again — contributing to the big indexes like the Dow Jones Industrial Average and the […]

Waymo is testing what it should charge for its robotaxi service

Self-driving startup Waymo, a Google spin -off owned by parent company Alphabet, has started to test pricing models for rides in its autonomous vehicles in Phoenix, the latest indication that the company is preparing to launch a commercial robotaxi service. Waymo has not launched a wide-scale commercial robotaxi service in Phoenix — or anywhere — just yet. But it is […]

Bots replacing office workers drive big valuations

Joanna Glasner Contributor More posts by this contributor Getting personal: Funding rises for software-driven tastemakers The alumni of these universities raised the most VC in the past year A lot of people still get paid to sit in offices and do repetitive tasks. In recent years, however, employers have been pushing harder to find ways […]

On-demand trucking app Convoy raises $185M at $1B valuation

CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based, tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated in the financing alongside existing […]

What you need to know ahead of the EU copyright vote

European Union lawmakers are facing a major vote on digital copyright reform proposals on Wednesday — a process that has set the Internet’s hair fully on fire. Here’s a run down of the issues and what’s at stake… Article 13 The most controversial component of the proposals concerns user-generated content platforms such as YouTube, and […]

One Medical may be in talks to raise more than $200 million

One Medical, the company hoping to disrupt the doctor’s office with concierge services, virtual visits and same-day appointments, is rumored to be in late-stage talks with the Carlyle Group for $200 million in funding, according to CNBC. The firm is also looking to buy an additional $100 million worth of shares from existing investors, according […]

Otto co-founder Lior Ron is back at Uber

Lior Ron, the co-founder of the controversial self-driving technology company Otto, is returning to Uber to head up its trucking logistics company, Uber Freight, TechCrunch has confirmed. Both Ron and his co-founder and ex-Googler Anthony Levandowski went to Uber after it acquired Otto in August of 2016. However, Levandowski was fired from Uber after pleading […]

Alphabet earnings and the jaws of antitrust

It pays to be a monopolist. Alphabet’s earnings were stellar, and that is truly saying something. Just a few weeks ago, the European Union placed a record €4.34 billion fine on the Mountain View-based company, a penalty for the company’s payments to OEMs to include Google Search as the default search option in order to […]