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Google Promises to Respect Privacy as It Dives into Healthcare Business

Eric Risberg/AP Speaking at the World Economic Forum in Davos, Switzerland, Google CEO Sundar Pichai stated that the tech giant is setting its sights on the healthcare business and promised to respect patient privacy. Reuters reports that speaking at the World Economic Forum in Davos, Switzerland, Alphabet and Google CEO Sundar Pichai stated that the healthcare industry offers huge potential over the next ten years, stating that new technology such as AI can improve the outcomes of medical issues.… Read more

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Bank Chief Tells Employees: Stay Off Zoom, Google Hangouts

LEON NEAL/AFP Standard Chartered is reportedly the first major global bank to instruct employees not to use the Zoom video conferencing app or Google Hangouts during the Wuhan coronavirus pandemic due to cybersecurity concerns. Reuters reports that Standard Chartered is the first major global bank to tell employees not to use the Zoom video conferencing app during the coronavirus pandemic due to cybersecurity concerns.… Read more

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Google to acquire Fitbit, valuing the smartwatch maker at about $2.1 billion

Google parent company Alphabet will buy Fitbit, putting the tech giant head to head with Apple in the fitness tracking space. The deal values Fitbit around $2.1 billion at a fully diluted equity value, according to Friday’s announcement. Fitbit’s stock surged 16%, while shares of Alphabet were up about 0.8% Google will pay $7.35 per share in cash for the acquisition, Fitbit said.… Read more

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Google’s Healthcare AI Play

Does Fitbit make a difference? When Apple’s Tim Cook talks about “healthcare” being his legacy, it demonstrates how in the 2020s, AAA gets into healthcare. Of course, here I’m referring to Apple, Amazon and Alphabet. When Google absorbed the healthcare arm of AI firm DeepMind, the British company it acquired in 2016 for £400 million ($500 million), you knew Google’s entry into healthcare was going to be big.… Read more

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Big 3 cloud infrastructure earnings reach almost $22B this quarter

Image Credits: Bryce Durbin Amazon, Microsoft and Google are often referred to as the Big 3 in the cloud infrastructure market, and if you had any doubt about the growth potential of the cloud, take a look at this quarter’s eye-popping revenue numbers from these three companies, which reached almost $22 billion this earnings season.… Read more