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Last week in media: Alphabet leads the sector down, Facebook and Google working on privacy, Sinclair nearing deal with Disney

2019-05-06 07:00:00| Telecompaper Headlines

(Telecompaper) First, earnings season was well on its way with reports from:

Tags: with privacy media week

 

Former Google CEO Schmidt to leave Alphabet board

2019-05-01 08:40:00| Telecompaper Headlines

(Telecompaper) The former Google CEO and chairman Eric Schmidt is stepping down from the company's board after the upcoming AGM.  He will continue as a technical advisor to Alphabet, Google's parent company, it announced. 

Tags: board google leave ceo

 
 

Alphabet lifts revenues in Q1 but profit hit by EU fine, higher R&D

2019-04-30 09:17:00| Telecompaper Headlines

(Telecompaper) Alphabet, the parent company of Google, said revenues for first quarter lifted to USD 36.339 billion from 31.146 billion the year before, an increase of 17 percent that was a bit slower than previous quarters. Profit was hit by the EUR 1.5 billion fine from the European Commission for anti-competitive practices with its AdSense for Search product. This meant that the operating profit fell to USD 6.608 billion from 7.633 billion, while the net profit sank to USD 6.657 billion from 9.401 billion, with diluted earnings per share at USD 9.50 from 13.33. Without the fine, the operating profit would have reached USD 8.305 billion and the net profit USD 8.339 billion. Finally, the operating margin slipped to 18 percent from 25 percent.

Tags: hit fine higher rd

 

Google owner Alphabet misses sales forecasts

2019-04-30 00:01:47| BBC News | Business | UK Edition

Shares in the internet giant tumble nearly 7% after its sales growth falls short of forecasts.

Tags: sales google owner alphabet

 

Balancing housing opportunity and compatibility in the Alphabet and Kings Hill historic districts

2019-02-09 04:03:23| PortlandOnline

Planners are seeking community input on potential zoning changes to balance affordable housing incentives with neighborhood compatibility in historic districts.

Tags: opportunity hill housing historic

 

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