This week will offer a glimpse into just how dominant some of the world’s biggest technology companies have become.
Apple, Facebook, Amazon andAlphabet are all scheduled to post their quarterly earnings this week, giving a report card on their strength and reach in areas like online advertising, e-commerce, mobile gadgets and cloud computing.
For one of these companies, Alphabet, this week’s earnings report will also be an almost-anniversary of sorts. It was nearly a year ago that Google announced that it would be evolving into a holding company structure, with a parent company known as Alphabet and different units — like Google, Nest and Calico — underneath it.
How that transformation has been rippling through what was once Google can be seen through the X division, writes Conor Dougherty. X, formerly Google X, is the company’s “moonshot” factory, which has worked on fantastical projects like a self-driving car (now more reality than fantasy) and stratospheric balloons that can beam the internet. With Alphabet trying to enforce more financial discipline over its various units, X has also been trying to better systematize its research and pay more attention to the bottom line. Read about the results here.
Yahoo, the Internet portal giant, has been struggling for a decade to find a winning strategy against competitors in search, social media and video. Now it is poised to give up, selling itself to Verizon for a small fraction of what it was worth at its height in 2000.
Researchers have concluded that the Democratic National Committee was breached by two Russian intelligence agencies, and metadata from the released emails suggests that the documents passed through Russian computers.