Tag: Alphabet

The YouTube Music contractors have achieved a historic victory- they have won the union election - making Google liable to negotiate with a labor group for the first time. Google's parent company Alphabet issued a statement confirming their stance of unionizing. Now, the staff of Alphabet can strive to improve their working conditions with the Alphabet Workers Union by their side. New hope has sparked in the US to unionize and get better labor conditions.

. US Senator Mark Warner highlighted the need for companies to prioritize security in AI development and adoption in his open letters to prominent US-based AI organisations. Warner stressed on security risks, data supply chain integrity, training data tampering and adversarial examples. He also called for increased transparency in security standards and controls within AI environments based on the National Institute of Standards and Technology's AI risk management framework.

Google Cloud has achieved its first profitable quarter after years of heavy investments and losses. Parent company Alphabet reported $7.45 billion in revenue and impressive $191 million in operating income. Despite this success, profits still lag behind Google Cloud’s two biggest competitors, AWS and Azure. But, Google Cloud has earned greater trust from globally renowned corporations such as PayPal and UPS. The potential for further growth depends on adapting to changing technological and economic conditions.

Google, the world's largest internet corporation, has reported a 3% increase in total revenue, with ad sales of $54.5 billion. YouTube's ad sales decreased 2.5%, while Google's search engine may face a new external threat from Microsoft's AI chatbot ChatGPT. CEO Sundar Pichai is pushing Google's technology boundaries with WS to develop new products like Waymo. Despite Alphabet's results exceeding analysts' expectations, its stock fell in 2021 due to investor worries.

. EU consumer protection agency is investigating potential threats posed by ChatGPT and other AI chatbots. These tools may cause digital engagement manipulation, spreading misleading information and deceptive advertising. We must ensure safety and protection of consumers with responsible use of the technology. EU's BEUC and other entities are championing the call for greater awareness.