1,050.00 -11.90 (-1.12%)
Pre-Market: 4:00AM EST
|Bid||1,050.76 x 100|
|Ask||1,055.39 x 300|
|Day's Range||1,053.93 - 1,079.76|
|52 Week Range||980.64 - 1,273.89|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||39.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Two former Amazon employees are trying to transform the $700 billion trucking industry with a trucking app called Convoy, which leverages data.
When the former CTOs of YouTube, Facebook and Dropbox seed fund a database startup, you know there's something special going on under the hood. Jiten Vaidya and Sugu Sougoumarane saved YouTube from a scalability nightmare by inventing and open-sourcing Vitess, a brilliant relational data storage system. Battle-tested at YouTube, the technology could allow startups to fret less about their backend and focus more on their unique value proposition.
Today, Google shared information about some of the AI work it's doing in Asia, but in a blog post about the work, it also made a pretty clear statement about how its facial recognition technology will and won't be used for the time being. The company noted that while facial recognition systems stand to be quite useful in a variety of situations, from assistive technologies to locating missing people, they also comes with risks. "Like many technologies with multiple uses, facial recognition merits careful consideration to ensure its use is aligned with our principles and values, and avoids abuse and harmful outcomes," Google said.
Delta, SoftBank, Seaworld, Netflix, Google and Amazon are the companies to watch.
Soon after Google unveiled the top trends in what people searched for in 2018, Baidu published what captivated the Chinese in a parallel online universe, where most of the West's mainstream tech services including Google and Facebook are inaccessible. China's top search engine put together the report "based on trillions of trending queries" to present a "social collective memory" of internet users, said Baidu. 802 million people have come online in China as of August, and many of them use Baidu to look things up daily.
Alphabet’s (GOOGL) TTM (trailing-12- month) gross margin is 60.18%, while the industry and sector averages are 41.89% and 40.91%, respectively. Alphabet’s five-year gross margin is 61.61%.
Alphabet (GOOGL) has officially joined the chase for the global ride-hailing market’s $285 billion commercial opportunity. On December 5, Alphabet’s Waymo subsidiary launched its long-anticipated commercial ride-hailing service in Phoenix, Arizona, opening up a new revenue opportunity for Alphabet. The commercial opportunity in the ride-hailing market is attractive.
Google, which famously adopted the creed “Don’t be evil,” has fallen into a corporate club previously filled by oil companies, mining giants and weapons manufacturers. "Well, Google united the human rights groups," Harris wrote on Twitter.
Putin himself demanded this week to know why the shows were being shut down. The lessons of Soviet censorship couldn’t have been clearer for Putin. In 2010, Putin had a much-publicized confrontation with one of them, Yuri Shevchuk of the band DDT, who told the Russian strongman that Russia wasn’t a free country under his leadership.
Andrew Little, the country’s justice minister, has summoned the tech company’s executives to a meeting on Tuesday to discuss the incident, which occurred when the US technology giant sent a mass email naming the suspect to subscribers of its Google Trends service in New Zealand. The man’s name was the subject of a court suppression order in New Zealand, a tactic used in some common-law nations in a bid to ensure a fair trial.
Global GDP is set to increase by 14 percent because of artificial intelligence, according to PwC. China's vast amount of data collected along with its massive population gives it an advantage over the U.S. Some 48 percent of all AI venture funding globally went to China in 2017.
For example, Apple (NASDAQ:AAPL) has earned most of the profits from smartphones, almost all of the profits from streaming video have gone to Netflix (NASDAQ:NFLX), Nvidia (NASDAQ:NVDA) has gotten much of the profits from chips for artificial intelligence and Tesla (NASDAQ:TSLA) has gotten a huge share of the revenue from electric car sales (in the U.S.). In 2019, it’s apparent that these companies will indeed encounter much more intense competition. Unless these companies unveil new or improved features or products, Apple, Netflix, Nvidia and Tesla are likely to be meaningfully hurt by their significantly beefed-up competition.
Netflix (NASDAQ:NFLX) was a first-half winner, doubling investors’ money through July, but has since lost 25% of its value. All the Cloud Czars — Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Facebook (NASDAQ:FB), have had forgettable second halves. It’s a reminder of what former Federal Reserve board chair Paul Volcker is reported to have said when a woman asked him, during his time at the Fed, what the stock market would do.
Hotspot Shield security analyst Robert Siciliano discusses Google’s plan to create a censored search engine in China and whether there are Chinese spies within the tech giant.