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Google parent Alphabet's first dividend boosts shares
Alphabet has announced its first dividend and a $US70 billion ($A107 billion) stock buybuck, cheering investors who sent the stock surging nearly 16 per cent after the bell. The Google parent is returning capital while spending billions of dollars on data centres to catch up with rivals on generative artificial intelligence. The dividend will be […]
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Google Fires 28 Workers Who Protested Cloud-Sharing Contract with Israel Government
Nine Google employees were arrested while participating in sit-in protests at Google offices in New York City and Sunnyvale, Calif. The post Google Fires 28 Workers Who Protested Cloud-Sharing Contract with Israel Government first appeared on The Foreign Desk | by Lisa Daftari.
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Google parent announces first-ever dividend; beats on sales, profit; shares soar
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share. Just three months ago, Alphabet's Big Tech rival, Meta Platforms, announced its own first-ever dividend, a move that lifted the social media...