A judge in the United States has ruled that Google spent billions of dollars to create an illegal monopoly for its search engine, exploiting its dominance to squash competition and stifle innovation. Monday’s landmark decision that Google broke antitrust law…
YouTube CEO Susan Wojcicki steps down after 9 years
YouTube CEO Susan Wojcicki is stepping down after nine years in the role. In a blog post, she said she had “decided to start a new chapter focused on my family, health and personal projects I’m passionate about. “YouTube’s chief…
Google parent Alphabet to cut 12,000 jobs
Google’s parent company Alphabet will cut 12,000 jobs, in the latest staff redundancies to hit the tech industry. Google and Alphabet CEO Sundar Pichai said he took “full responsibility” for the cuts, in an internal email. The cuts will affect…
Alphabet beat expectations with fourth-quarter results (CNBC)
Alphabet reported fourth-quarter results Monday that beat expectations across the board. Still, the stock fell 3 per cent in extended trading, on continuing pressure on advertising prices and decreasing margins. Here’s how the company did compared with Wall Street estimates:…
Why only truly indigenous e-commerce companies are champions – Dr. Ajit Singh
By midday on Tuesday September 4th 2018, a remarkable development, whose reverberations are still felt today, shook the e-commerce world and the whole of Wall Street. Amazon, an American e-commerce giant, had followed Apple Inc. to become the second U.S.…