alphabet

Alphabet quarterly results fell short of Wall Street expectations

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Holding Alphabet, which owns Google, announced the financial results for the first quarter of 2019. In the reporting period, the company’s revenues amounted to $ 36.4 billion, showing an increase of 17% compared with year to year. Earnings after deduction of the European Commission’s fine in the Google AdSense case was equal to $ 6.657 billion. Due to a $ 1.7 billion fine, this figure fell by 41% in annual comparison. Without these payments, profits would have been $ 8.3 billion. Me...

Eric Schmidt and Dian Green Leave Alphabet Board of Directors

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Alphabet Holding, which owns Google, announced that Eric Schmidt (Eric Schmidt) and Diane Green (Diane Greene) will not qualify for the extension of their membership on the company’s board of directors, which expires on June 19, 2019. Eric Schmidt will remain Alphabet technical advisor. The top manager has been on the board of directors since March 2001. From July 2001 to April 2011, he served as CEO of Google, and from April 2011 to January 2018 , the executive president of Alphabet...

Alphabet Board of Directors headed by former rector of Stanford University

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Alphabet Holding, which owns Google, has appointed a new chairman of the board of directors. They became the former rector of Stanford University, John Hennessy (John L. Hennessy). Hennessy will replace Eric Schmidt , who announced his resignation in December. 65-year-old Hennessey became a member of Google’s board of directors in 2004. Since 2007, he has been a leading independent director. In 2015, after the restructuring of the company, the scientist joined the board of direc...