Alphabet News

Polish E-Commerce Allegro’s Unit Sues Alphabet for $568M

A subsidiary of Polish e-commerce platform Allegro filed a lawsuit on Monday against Google owner Alphabet, Google Ireland and Google LLC, seeking 2.33 billion zlotys ($567.60 million) in damages, Allegro said in a statement. The unit, Ceneo, is demanding compensation …

US Judge Says Google Must Face Some Advertisers’ Antitrust Claims, Dismisses Others

Alphabet’s Google must face advertisers’ proposed class action lawsuit claiming that it monopolizes the ad exchange market, a U.S. judge ruled on Friday. But U.S. District Judge Kevin Castel dismissed some other antitrust claims, including those focused on ad-buying tools …

California Lawmakers Call for Stricter Regulation of Autonomous Vehicles

California lawmakers and labor unions rallied to call for laws to not allow autonomous trucks without human drivers, amid rising safety concerns after accidents involving self-driving taxis from General Motors and Alphabet. A robotaxi from Alphabet’s GOOGL.OWaymo was torched by …

US Supreme Court Spurns Google Bid to Avoid Shareholder Lawsuit

WASHINGTON –– The U.S. Supreme Court on Monday declined to hear Alphabet Inc’s GOOGL.O attempt to nix a lawsuit by shareholders accusing the Google parent company of fraudulently concealing a security glitch that left private user data exposed. The justices …

Alphabet’s Waymo Raises $2.25 Billion For Driverless Cars

Waymo raised $2.25 billion from a slate of private equity investors, venture capitalists and automotive companies, the first time Alphabet Inc.’s autonomous vehicle unit has taken outside funds. Silver Lake Management LLC, a private equity firm, led the round, which …

Alphabet’s Drone Delivery Business Cleared for Takeoff by FAA

About the photo: A Google X Project Wing drone delivers a package at a home during a demonstration in Blacksburg, Virginia. Photographer: Charles Mostoller/Bloomberg An offshoot of Alphabet Inc.’s Google has become the first drone operator to receive government approval …

Less Human Help Needed by Google Self-Driving Cars in 2016

Self-driving cars born at Google are getting better at commanding the wheel. Vehicles tested in California by Waymo, the autonomous car company owned Google parent Alphabet Inc., had a much lower rate of “disengagements” last year, compared with 2015. Disengagements …