China vs the World: Smartphone giants face a low-cost threat

If you're in the market for a new smartphone, you might want to give these Chinese handsets a chance.

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China vs the World: Smartphone giants face a low-cost threat

Alphabet posts strong revenue growth, higher taxes hit earnings

Google parent Alphabet Inc posted fourth-quarter profit below analysts' estimates on Thursday, hurt by a higher tax rate, but analysts cheered the company's progress in diversifying its business beyond advertising. While advertising still accounts for the lion's share of Google's revenue, rising 17.4 percent to $22.4 billion in the quarter, Alphabet Chief Financial Officer Ruth Porat underscored that the company is broadening its business – pointing to growth in hardware, app sales and the cloud business. The company's other revenue, which captures such businesses, climbed 62 percent to $3.4 billion.

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Alphabet posts strong revenue growth, higher taxes hit earnings

Google formally rejects EU antitrust charges

Google on Thursday formally rejected European Union antitrust charges of unfairly promoting its shopping service and blocking rivals in online search advertising, paving the way for EU regulators to rule next year on these issues and potentially impose hefty fines. The U.S. technology giant's rebuttal in the shopping case came six years after the European Commission opened an investigation prompted by complaints from rivals such as Microsoft and a host of European and U.S. rivals. It also issued a separate charge sheet against its online search advertising product AdSense for Search at the same time.

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Google formally rejects EU antitrust charges

Google starts big advertising push around new Pixel phone

Google's new “Pixel” smartphone is off to a fast marketing start with $3.2 million in television ads in two days since it announced the upcoming launch, and ad executives expect Google to spend hundreds of millions more to keep up with rivals Samsung Electronics and Apple Inc . Google's launch of the first phone it has designed itself puts it in direct competition with the two dominant smartphone makers, which each market heavily. While Google's brand is known around the world, and its Android operating system powers most of the world's smartphones, including Samsung's, it is not known as a consumer goods maker.

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Google starts big advertising push around new Pixel phone

Google to buy software developer Apigee for $625 million

By Julia Love and Natalie Grover SAN FRANCISCO (Reuters) – Alphabet Inc's Google said on Thursday it is acquiring software developer Apigee Corp in a deal valued at about $625 million, the tech giant’s latest effort to claim a greater share of the lucrative cloud business. The service is critical for businesses transitioning to the cloud, Diane Greene, who runs Google's cloud computing division, said in an interview. Cloud computing is the increasingly popular practice of using remote internet servers to store, manage and process data.

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Google to buy software developer Apigee for $625 million