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Alphabet Drone Service Wing Launched First Commercial Delivery in USA

19Oct By AdityaNo Comments

USA

Alphabet Drone Service Wing Launched First Commercial Delivery in USA

Alphabet owned drone firm Wing started first commercial drone delivery in the Christiansburg, Virginia. With an expanded Air Carrier Certificate from the Federal Aviation Administration (FAA), Wing today became the first company to operate a commercial air delivery service via drone directly to homes in the United States. Wing’s FAA permissions are the first to allow multiple pilots to oversee multiple unmanned aircraft making commercial deliveries simultaneously to the general public, paving the way for the most advanced drone delivery service in the nation. Wing collaborates with logistics services like FedEx Express, Walgreens, and local Virginia retailer Sugar Magnolia in the United States to offer this form of local air delivery to customers. FedEx is completing the fir...

Google to Invest $1 Billion on New Campus in New York

18Dec By Gauri SinghNo Comments

BUSINESS

Google to Invest $1 Billion on New Campus in New York

Alphabet owned Google is investing more than $1 billion on a new campus in New York. With this, it will becom the second major technology company after Amazon to pick America's financial capital to expand and create thousands of jobs. The 1.7 million square-foot campus, called Google Hudson Square, will include leased properties at Hudson Street and Washington Street, the company said in a blog post on Monday. The new campus will be the main location for Google's advertising sales division, the Global Business Organization. Google hopes to start moving into two Hudson Street buildings by 2020, followed by a Washington Street in 2022 and will have the capacity to more than double its New York headcount, currently more than 7,000, in the next 10 years. The company's plans ...

19Nov By Gauri SinghNo Comments

INDIA

CapitalG India Head Kaushik Anand Resigns to Join A91 Partners

The India head of CapitalG, Kaushik Anand is reportedly is quitting from the growth-stage fund. CapitalG is one of the largest investments units across the globe that is owned by Google’s parent Alphabet. With his departure, Anand is slated to join A91 Partners, an investment firm set up by three ex-Sequoia managing directors. He is being expected to join the A91 board as a Partner early next year. This development was confirmed by Anand as well as CapitalG. The fund which was earlier known as Google Capital started investing in India in 2014 and has backed companies like Aye Finance, Cuemath, CarDekho, Freshworks, and Practo. "We have experimented with different operating models and have decided to return to a centralized office located in San Francisco. We look forward to continui...

25Aug By Gauri SinghNo Comments

CHINA

Google Making Efforts to Enter China With a Subsidary of Waymo

The popular technology company Alphabet Inc. is putting good efforts to build a presence in China with a new subsidiary of Waymo based in Shanghai. Waymo is one of the world's leading autonomous car designers. The company has claimed that it has set up a legal entity in the country and has people working there, however, it hasn't commented on its further plans. This move seems to be a great effort by Google to move to China where many of its Google services are blocked. However, the autonomous industry is growing so rapidly that it makes sense for Alphabet to get in as early as possible. It has also been reported that the company might not bring in an autonomous ride-hailing service in China, however, it will be focusing on logistics consulting, supply chain, and autonomous drivin...

11Jun By Lavina TolaniNo Comments

FUNDING

Google’s Investment Firm leads $22 Mn Funding in Aye Finance

Capital G, the growing arm of Google's parent company Alphabet has led a $22 million (Rs 147 crore) funding round in a microlending platform Aye Finance, a move that marks company first bet in the Indian financial sector. The Series C funding round witnessed participation from investors such as LGT and SAIF partners. The is the first equity funding for the Gurugram based Aye Finance which has so far raised Rs 200 crore from venture capital firms, while an additional Rs. 500 crore from debt and equity firms. Aye Finance that claims to be the first fintech company to raise capital from CapitalG competes with Lendingkart, InCred, Capital Float, Indifi Technologies, and many others. Aye Finance will be utilising the funds to strengthen its business operations and technology. It is als...

Google, Facebook face over $9 billion fine as GDPR Impact

26May By Lavina TolaniNo Comments

News

Google, Facebook face over $9 billion fine as GDPR Impact

Its just been a few hours when European Union's (EU) General Data Protection Regulation (GDPR) came into effect and now a news has surfaced that Google and Facebook have been hit with privacy complaints that could carry fines of up to $9.3 billion in total. Austrian privacy-advocacy group Noyb.eu has said that with regard to privacy, Facebook, Google, and Facebook-owned Instagram and WhatsApp are forcing people to adopt a "take it or leave it" approach which eventually demands them to give in to platform's intrusive terms of service. The group has said in its statement, Tonnes of 'consent boxes' popped up online or in applications, often combined with a threat, that the service can no longer be used if user (s) do not consent. Moreover, It is asking regulators in Germany, Austria...

BREAKING: Eric Schmidt Stepping Down as Chairman of Alphabet

22Dec By NitishNo Comments

News

BREAKING: Eric Schmidt Stepping Down as Chairman of Alphabet

AFP- Google's parent company Alphabet on Thursday announced that Eric Schmidt will step down as chairman, remaining on the board but shifting into a role as a technical advisor. "In recent years, I've been spending a lot of my time on science and technology issues, and philanthropy, and I plan to expand that work," Schmidt said in a release. After ten years as CEO and seven as Executive Chairman, I can’t wait to dive into the latest in science, technology, and philanthropy. I look forward to working with Larry and Sergey on our future here at Alphabet. https://t.co/nVnZqMEHoI— Eric Schmidt (@ericschmidt) December 21, 2017 Schmidt's stint as executive chairman is to end at a regularly-scheduled board meeting next month, according to Alphabet. Google founders Larry Page ...

Google Will Track Your Location Even When You Turn It Off!

22Nov By RishabhNo Comments

Tech

Google Will Track Your Location Even When You Turn It Off!

We realize that sometimes Android phones track our location to help us book an Uber or provide a better route on maps. But when we don't require GPS we turn location sharing off and think now we're off the grid! Well! That's where you're wrong! Google recently admitted that it is tracking its users even when they turn "location services" off. Or hey! even when they are not using any SIM Card. Can you believe that? Well, that's how they do it. How do they do it! Since the beginning of 2017, Android phones are collecting the addresses of nearby cellular towers, even when we disable the location services. The data hence collected, is sent back to the Google in an encrypted form. With this data, Google has access to all their users' location movements, place where they've been at, w...

Founder and Chairman of Apple’s Top Chipmaker Announces His Retirement

2Oct By RishabhNo Comments

BUSINESS

Founder and Chairman of Apple’s Top Chipmaker Announces His Retirement

Taiwan Semiconductor Manufacturing Co. world's largest producer of made-to-order microchips chairman and founder Morris Chang will retire in June next year, as per the reports by Bloomberg. Two chief executives of the company will be taking over after him. 86-year-old Morris' place will be taken over by Mark Liu, as chairman of the company who will be then responsible for all strategic decisions and business directions. C.C. Wei will become chief executive officer, orchestrating operations but taking his cues from the board, Chang told Bloomberg. When Chang stepped down as CEO in 2013, Mark and Wei took over as the chief executive officers of TSMC. TSMC entertains world's leading corporations such as- Qualcomm Inc. and Apple Inc. The soul reason be...

Google sells satellite imaging business Terra Bella to Planet Labs

5Feb By reutersNo Comments

ACQUISITION

Google sells satellite imaging business Terra Bella to Planet Labs

Alphabet Inc's Google said on Friday it would sell its satellite imaging business, Terra Bella, to Planet Labs, a San Francisco-based private satellite operator founded by former NASA scientists. The financial terms of the deal were not disclosed. As part of the deal, Planet Labs will acquire the Terra Bella business including the SkySat constellation of satellites, Alphabet said. bit.ly/2kqmTfL Google will enter into a multi-year contract to purchase Earth-imaging data from Planet Labs after the deal closes. Google had acquired Terra Bella, originally known as Skybox Imaging, for $500 million in 2014. The deal will help Planet Labs broaden its available data and add new customers. Planet Labs is one of several startups aiming to harness technology allowing satellites to ...

On its 18th Birthday, Google Launches Service to Take Internet to India Malls, Cafes

27Sep By PriyankaNo Comments

News

On its 18th Birthday, Google Launches Service to Take Internet to India Malls, Cafes

On his Google, a unit of Alphabet Inc, said on Tuesday it launched Google Station in India, a service that aims to deepen its reach across the country, as the search giant seeks to bring more people on to its Google platform. Under the service, Google will roll-out Wi-Fi hot spots in places frequented by a large number of people, such as malls and transit stations, and in social hangout locations such as cafes and universities, the company said on Tuesday. "The goal is to give people many hot spots within a few minutes walk from their home, university, or workplace, unified by a simple login process that works across all of them," Caesar Sengupta, Vice-President, Next Billion Users at Google was quoted as saying in the statement. Google currently offers free Wi-Fi access at 53 rai...

Google Glass-based startup raises $17 million in funding

26Apr By reutersNo Comments

FUNDING, News

Google Glass-based startup raises $17 million in funding

Augmedix Inc, a startup that uses Alphabet Inc's (GOOGL.O) Google Glass to provide documentation services to doctors and other healthcare workers, said on Monday it had closed a $17 million (11.7 million pounds) funding round led by investment firm Redmile Group. Augmedix's employees transcribe doctors' notes and update patients' electronic medical record through Google Glass. The San Francisco company, which has raised $40 million so far, also said it had received investments from five U.S. healthcare networks, including Sutter Health and Dignity Health, which together have more than 100,000 healthcare workers. Augmedix, with 400 employees, said it serves doctors in nearly all 50 U.S. states. Funds raised will be used to build up the service to serve more health systems and pr...