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The company also spent at historic levels, nearly tripling capital expenditure for the quarter to $7.7 billion Alphabet Inc .’s first-quarter results came with a clear message to Wall Street: The company is embarking on a new spending binge to chase its biggest rivals. Google ’s parent posted the strongest sales growth in almost four years on Monday, indicating marketers kept flocking to its services amid rising scrutiny of digital ads. But the company also spent at historic levels, nearly tripling capital expenditure for the quarter to $7.7 billion. Almost all of that spending went to buttress newer cloud and consumer-device businesses that lag behind leaders Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more Inc. and Apple Inc. After neglecting these markets for years in favour of its main ad businesses and riskier moonshot bets, Alphabet is now splurging to catch up. "The big story from the results was the significant rise in expen...

Some of the highlights of Pichai's friendly interaction with IIT students at the campus It was homecoming for India-born Google CEO   Sundar Pichai   as he visited his alma mater IIT Kharagpur on Thursday. The tech giant's CEO gave a sneak peak into his college days when he met his wife Anjali and the romance blossomed. He also shared the story how he unintentionally led to shutting down of the college mess for a while as the audience burst into laughter. Pichai returned to the IIT Kharagpur campus after 23 years. He studied Metallurgical Engineering at IIT and spent his spare time writing codes. Here are some of the highlights of Pichai's friendly interaction with IIT students at the campus: Romancing in 80's "Someone would stand outside and very loudly say, 'Anjali, Sundar is here for you'," the Google CEO said speaking on how difficult it was for him to meet his then future wife while they were dating at IIT Kharagpur. Sunder told th...

Google   CEO  Sundar Pichai   has backed  Apple   in its battle with  FBI   over opposing a US court's ruling to unlock the  iPhone  of a Pakistani-American  terrorist  who shot dead 14 people in California, saying forcing  companies  to enable  hacking  could "compromise" users' privacy. Read Full Article Over Here :  Business Standard News

Google  Inc.’s  Sundar Pichai   is poised to become one of the highest-paid executives of a publicly traded company this year after parent Alphabet Inc. awarded him restricted stock worth about $199 million, according to a report by Bloomberg.  Pichai, who took over in August as Google’s chief executive officer (CEO) from co-founder Larry page, received a grant for 273,328 Class C Google stock unitson February 3. The valuation is based on the stock’s closing price on that date, Bloomberg reported.  Read Full Article Over Here :  Business Standard News  

The recent visit of Google’s CEO, Sundar Pichai, indicated that the tech giant has decided to set great store by its investments in India. Mr Pichai announced multiple India-specific projects, which could all have a transformational and disruptive influence. “Project Loon”, “Tap to translate”, “Offline mapping” and “Asus Chromebit” are among the most interesting. These are at the cutting edge of technology. Other  Google projects  such as delivering free Wi-Fi at railway stations, more streamlined search, the establishment of a new campus in Hyderabad, and the training of two million Android developers will generate employment, and also have large positive externalities. There is a common thread. India is a low-bandwidth geography with relatively low Internet penetration. The telecom system, power supply and other infrastructure are significantly less reliable than those in the First World. But India also has a very large number of sophisticated surfers and skilled compu...

Google CEO Sundar Pichai  has said he believes India will become a bigger market for the company than the United States sometime in the middle of 2016. In an interaction with half a dozen journalists in New Delhi on Wednesday, Pichai said it was not just with regard to the use of Android-based phone devices that India would scale ahead of the US; there also were many areas of technological development where India will become its first market for experimentation and trial before launch in other markets of the world. “We developed the offline version of YouTube in India, tried it here and are now taking that to other countries,” Pichai said in what was his first media address after taking over as Google CEO in August this year. Pichai, an alumnus of IIT Kharagpur who joined Google in April 2004 within days of the company launching Gmail said it was an emotional experience for him to come to India and launch these initiatives in this country. Elaborating on the Google Loon proje...