alphabet

Verily Life Sciences, a healthcare unit of Alphabet Inc., GOOG 2.16% said founder and Chief Executive Officer Andy Conrad would be replaced in the top role, as the company attempts to find commercial uses for its wide-ranging project portfolio. Stephen Gillett, the current president of Verily, will succeed Mr. Conrad as CEO in January next year, with Mr. Conrad becoming executive chairman. Alphabet led a $1 billion round of new funding…

The US International Trade Commission said on Friday it would probe allegations brought by Alphabet Inc's Google against Sonos claiming the home-audio company infringed on Google patents by importing certain audio components. The agency did not say what specific products were allegedly imported in potential violation of U.S. trade law. It said it had not yet made any decision on the merits of the case. The new complaints add to an ongoing patent fight between the former partners over audio and smart-speaker technology,…

Verily, the life sciences business of Google's parent company Alphabet, has raised $1 billion that will be used to expand its data-driven healthcare products tailored to individuals.Led by Alphabet, the new capital will be used to support a variety of the company's core initiatives focused on real world evidence generation, healthcare data platforms, research and care, and the underlying technology.Verily's Founder and CEO Andy Conrad will become Executive Chairman and President Stephen Gillett has been promoted to CEO,…

EU antitrust regulators have broadened the scope of their investigation into Alphabet unit Google's digital advertising business by taking over the Portuguese competition watchdog's probe into the same issue. While the European Commission kicked off its investigation in June last year, the Portuguese Competition Authority (AdC) only opened a probe in May this year following a complaint. The Portuguese watchdog said the EU competition authority took over its case on July 27 in view of the scope and impact of the matter in…

MEXICO CITY -Apple and Alphabet's Google are facing a probe over anti-competitive practices in Mexico after the country's former telecommunications chief filed a complaint, he said in a statement on Twitter on Friday. The complaint was brought to Mexico's telecommunications regulator IFT yesterday by Mony de Swaan Addati, who once headed the former telecommunications federation that was later replaced by IFT. His complaint accuses Apple and Google of "completely inhibit(ing) competition" by "taking advantage of their…

A Google product that pays publishers to feature their content is almost a year behind its intended launch schedule in the U.S., as negotiations with some media outlets have bogged down, people familiar with the situation said.Google News Showcase allows publishers to curate panels of related stories that appear on Google News and some other Google platforms. Links bring readers to news organizations’ websites and, in some cases, allow users free access to normally paywalled content. Alphabet Inc.’s…

ADT Inc. ADT 16.23% has secured investments totaling $1.5 billion from State Farm and a partnership aimed at expanding the security company’s customer base and improving risk-mitigation for insured homeowners, the companies said. Under the deal, which was reported earlier by The Wall Street Journal, State Farm will spend $1.2 billion to buy 133.3 million ADT shares, or about 15% of the company. That represents a share price of $9,…

Google said it has restored the conservative social-media app Parler LLC to its app store after it agreed to modify some of its content-moderation policies and enforcement. Parler, which calls itself a “free speech Twitter alternative,” has agreed to come into compliance with the Google app store content requirements that include moderation policies and enforcement to remove posts such as those that incite violence, a spokesperson for…

Music publishers and streaming services reached an agreement to raise the rates songwriters get paid when their music is played on Spotify and other digital platforms. The National Music Publishers Association—a trade organization representing major music publishers including Universal, Warner and Sony —and the Digital Music Association—which represents Spotify Technology SA, Apple Inc., Amazon.com…

Amended licensing deals and other changes making it easier for cloud service providers to compete will take effect on October 1, Microsoft Corp a move triggered by complaints about the U.S. software company to EU antitrust regulators. Microsoft President Brad Smith had announced the changes in May but did not say when they would be effective. The company, which has been fined 1.6 billion euros ($1.6 billion) by the European Commission in the previous decade for various infringements, found itself once again in the EU's…