Category: Google

CME Bitcoin Futures Trading to Run on Google Cloud After $1 Billion Investment From Alphabet

The CME Group and Google Cloud have entered a 10-year strategic partnership after a $1 billion investment from Google’s parent company Alphabet Inc. The equity investment was made through the company’s non-voting convertible preferred stock. What Happened Under the terms of the deal, CME’s trading systems will be moved to Google Cloud next year. CME…


Google to Allow Third Party App Payments for First Time in South Korea

SEOUL—Alphabet’s Google said on Thursday it plans to allow third-party payment systems in South Korea to comply with a new law, marking the first time the U.S. tech giant has amended its payment policy for a specific country. Google’s announcement comes after a Korea Communications Commission’s (KCC) request for Google and Apple Inc. to come…


Google to Bid for Pentagon Cloud Computing Contract; Oracle, IBM May Join Too

Alphabet Inc Google is pursuing a massive cloud-computing contract with the Department of Defense, the Wall Street Journal reports. Google abandoned a similar bid process three years back in the face of employee protests. Google Cloud CEO Thomas Kurian recently met Pentagon officials to discuss the bid process for a contract called the Joint Warfighting…


Google to Invest $1 Billion in CME Group, Agrees Cloud Computing Deal

Alphabet Inc.’s Google has invested $1 billion in CME Group and has struck a separate deal to move the futures exchange operator’s trading systems to the cloud, the companies said on Thursday. Under the terms of the 10-year partnership between Google and CME, the Chicago-based exchange operator will begin moving its technology infrastructure to Google…


Google Allows Photos of Minors to Be Removed From Search

By Entrepreneur Staff Google’s new safety feature allows minors under the age of 18 request that their images be removed from search results. Minors, their parents, their guardians, and their legal representation can all make the requests. This is the help page through which the request process starts. Applicants must supply the URLs of the…


Senate Panel Approves Longtime Big Tech Critic to Head Justice Department’s Antitrust Division

The U.S. Senate Judiciary Committee on Thursday approved a voice vote for the nomination of prominent Google and Big Tech critic Jonathan Kanter to lead the Department of Justice’s (DOJ) antitrust division. Kanter, who is President Joe Biden’s nominee to head the division, has been a longtime critic of Alphabet’s Google, and as a lawyer in private practice, has spent years representing…


Intel Teams With Google Cloud to Develop New Class of Data Center Chip

Intel Corp. and Alphabet Inc.’s Google Cloud on Wednesday said they have worked together to create a new category of chip that Intel hopes will become a major seller in the booming cloud computing market. The new chip, which is called Mount Evans and will be sold to others beyond Google, reflects the way that…


Regulator Seeks Powers to Uproot Google Monopoly in Australia

Australia’s competition watchdog is requesting powers to develop and implement a cyber system that will require internet users to be presented with a choice of a search engine after they warned Google’s “harmful” market dominance was severely stifling competition. The Australian Competition and Consumer Competition (ACCC) said in its third interim report for an inquiry…


Alphabet Earns Record Profit on Google Ad Surge

Google owner Alphabet Inc. on Tuesday reported higher than expected third-quarter ad sales, a sign that the business is overcoming new limits on tracking mobile users and that online shopping is as popular as ever heading into the holiday season. Through its search engine, YouTube video service and partnerships across the Web, Google sells more…


Google Pays Fines to Russia Over Failing to Remove Content Deemed Illegal

American tech giant Google has paid Russia more than 32 million rubles ($455,079) in fines for not deleting content deemed illegal by Moscow, a Russian lawmaker said on Monday. “Today, the figure of fines issued by Google for not removing illegal content was announced in the amount of 32.5 million rubles,” said Vasilii Piskarev, head…