|Bid||1,074.6200 x 800|
|Ask||1,075.1801 x 1100|
|Day's Range||1,071.94 - 1,084.51|
|52 Week Range||970.11 - 1,273.89|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||40.35|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,328.00|
Facebook has agreed to plough more resource into combating the use of its advertising platform by scammers, saying it will do more to tackle scam ads that use well-known public figures to try to trick consumers. It plans to launch a dedicated scam ad report button in the UK, slated to go live in around three months' time, as well as set up a specialist, locally-based team to monitor ad reports, keep an eye on scammer trends and generally work on getting celebrity-exploiting scam ads taken down more quickly than its current AI-aided ad review systems have been doing. The new measures were announced in a joint press conference with UK consumer advice personality, Martin Lewis, who launched a defamation lawsuit against Facebook in April, saying the social network giant had failed to stop scammers using his image on scores of ads that aimed to swindle consumers, thereby damaging his reputation.
Yahoo Finance's Adam Shapiro and Oscar Williams-Grut discuss French fines on Google, E.U. fines on Mastercard, and Brexit's latest update.
Waymo and Magna plan to build thousands of self-driving cars at a factory in southeast Michigan, including autonomous versions of the all-electric Jaguar I-Pace and Chrysler Pacifica Hybrid minivan. Waymo, the former Google self-driving project that spun out to become a business under Alphabet, announced Tuesday that the Michigan Economic Development Corporation voted to approve the company's plan to set up a manufacturing facility in the state to build its self-driving vehicles. The announcement is the latest signal that the startup is preparing to scale up its commercial operations.
Alphabet Inc.’s Google unit spent more than $21 million to influence Washington, according to federal disclosures, in a year when its chief executive officer, Sundar Pichai, made his first appearance before Congress. The search giant, which spent $4.9 million in the last three months of the year, according to a Tuesday filing, beat its previous record of more than $18 million from 2017.
Palantir CEO Alex Karp slams his Silicon Valley peers for taking a "loser" position on whether to work with government programs to keep the U.S. safe. "Silicon Valley is creating micro-communities that break the consensus of larger society," Karp argues. Alex Karp, CEO of the secretive data-mining startup Palantir Technologies, is slamming his Silicon Valley peers for taking a "loser" position on whether to work with government programs to keep the U.S. safe.
YouTube's live TV streaming service is expanding its coverage as it continues to invest against big cable. YouTube TV will be available in 195 markets in the US. Google hasn't disclosed subscriber numbers, but it reportedly had 800,000 paying subscribers as of July.
The penalty was levied by the French National Data Protection Commission (CNIL) under GDPR, the European Union's data protection law. The regulator alleged a "lack of transparency, inadequate information and lack of valid consent regarding" personalization of ads by Alphabet. The penalty was the result of two complaints and a subsequent investigation by the CNIL at Alphabet's Irish headquarters, which determined that Alphabet made it too burdensome for consumers to identify and manage its use of personal information for targeted ads.
S&P 500 Bleeds on Reports of US-China Trade Talks Going off TrackUS-China trade talks On Tuesday, a Financial Times report sent tremors through the broader market. The report claimed that “The Trump administration has rejected an offer from
Lex is seeking a team member to comment daily on US tech, the biggest business story of recent years. An estimated $200bn is headed to public markets, but not until the US ends its government shutdown.
The most important earnings season for tech since the dot-com boom went bust is about to begin, but don’t expect a holiday miracle, especially for the companies that are used to a victory lap at this time of year.
Since the BDS movement began in 2005, Israel’s gross domestic product has doubled. Legislation scheduled for debate this week in Ireland’s lower house would criminalize any transactions with businesses or individuals living in Israel’s West Bank. The “Control of Economic Activity Bill” would impose jail for up to five years and heavy fines on Irish citizens that import or sell products from the territory Israel won in the Six Day War.
In its ruling, the regulator alleged that Google fails to adequately explain how it collects data to offer personalized advertising. Fully a quarter of all EU businesses market themselves online, and 78 percent of those use “contextual ads” that require data collection.
* Google said late on Tuesday it has signed a long-term agreement to buy the output of a 10-megawatt solar array, which is part of a larger solar farm, in Tainan City in Taiwan * This will be the company's ...
Alphabet Inc's Google disclosed in a quarterly filing on Tuesday that it spent a company-record $21.2 million on lobbying the U.S. government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices. In its filing to Congress on Tuesday, Facebook Inc disclosed that it also spent more on government lobbying in 2018 than it ever had before at $12.62 million. Google's spent $18.04 million on lobbying in 2017, according to the center's data.