Alphabet Inc (NASDAQ:GOOG) has laid off several hundred employees from Google's Platforms and Devices division, which includes teams working on Android, Pixel phones, Chrome, and other key products, The Information reported, citing sources. The layoffs follow a voluntary exit program launched earlier in 2025, aimed at US-based employees who may not have aligned with the division's evolving goals or hybrid work policies.
Google is secretly using its education products, including those used in many Bay Area schools, to identify students individually, track their online activity including sites they visit and links they click, and "steal" their personal data for profit, a lawsuit filed by California parents and others claims.
Alphabet's stock is reportedly considered to be undervalued as investors wonder if artificial intelligence will take away some of its market share in search.
NEye Systems, a startup developing a new kind of networking chip for artificial intelligence data centers, on Thursday raised $58 million in venture financing in a round led by CapitalG, a growth-stage fund backed by Alphabet.
With tariffs threatening to drive up the costs of most things, the new entry-level phones from Apple and Google present a timely opportunity to save some bucks.
Google, with key hearings starting this month in a blockbuster anti-monopoly court case that could lead to its breakup, agreed to lift a gag order banning its employees from talking about the lawsuit, a union representing workers said.
One of the most intriguing growth opportunities for Alphabet (GOOG 10.08%) (GOOGL 9.90%) these days is in robotaxis, via its Waymo business. It has the potential to revolutionize the taxi industry.
Alphabet's self-driving unit Waymo said on Thursday it will start collecting data in Tokyo with test rides operated by human drivers next week, marking the first time the company will be using its cars on public roads outside the United States.
The tech-heavy NASDAQ exploded higher. All after President Trump reversed course on tariffs, with a 90-day delay.
Despite trade and tariff concerns, I believe Alphabet Inc.'s digital ad revenue will remain robust, making the current GOOGL stock valuation highly attractive. Alphabet trades at a historically low valuation of ~16x CY25 EPS, presenting a rare buying opportunity with a potential >25% upside compared to broader market indices. Alphabet's strong position in Paid Search and Online Video ads mitigates risks, making it better positioned than competitors like Meta Platforms who dominate Social Media ads.
Google reached an agreement with the Alphabet Workers Union to reverse a rule that prohibits employees from speaking about matters of antitrust litigation. The settlement comes ahead of Google's remedy trial set to begin with the U.S. Department of Justice, following last year's search monopoly ruling.
Alongside the broader market sell-off, shares of Alphabet NASDAQ: GOOGL, Google's parent company, have taken a sharp hit in 2025. As of Tuesday's close, the tech giant has dropped around 23.5% year-to-date and now sits more than 30% below its 52-week high, firmly in bear market territory.