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GOOGL

Google plans ad sales restructuring as automation booms – The Information

Sean Downey, who oversees ad sales to big customers in the Americas, said at a department-wide meeting last week that Google plans to restructure its ad sales teams without specifying whether the move would include layoffs, according to the report. Google intended to consolidate staff, including through possible layoffs, by reassigning employees at its large customer sales unit who oversee relationships with major advertisers, the report said, citing another person briefed on Google's plans. The planned reorganization comes as Google is relying more on machine-learning techniques to help customers buy more ads on its search engine, YouTube and other services, the report added...

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GOOGL

UPDATE 1-Google plans ad sales restructuring as automation booms – The Information

Alphabet-owned Google plans to reorganize a big part of its 30,000-person ad sales unit, The Information reported on Tuesday, citing a person with knowledge of the situation. Sean Downey, who oversees ad sales to big customers in the Americas, said at a department-wide meeting last week that Google plans to restructure its ad sales teams without specifying whether the move would include layoffs, according to the report. Google intended to consolidate staff, including through possible layoffs, by reassigning employees at its large customer sales unit who oversee relationships with major advertisers, the report said, citing another person briefed on Google's plans...

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GOOGL

These Stocks Moved the Most Today: Affirm, Sunnova, Enphase, Chewy, FuelCell, Boeing, and More

Affirm will provide buy-now-pay-later services at Walmart self-checkout kiosks, Sunnova Energy surges after shares of the solar company are upgraded, and Enphase Energy is cutting 10% of its workforce...

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GOOGL

How the courts are sparking an app store payments war

Google's $700 million antitrust settlement is part of a series of legal battles that are eroding Big Tech's control over checkout, cracking a door for other transaction processors and the bank-led Paze wallet from Zelle's developers...

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GOOGL

Boost for holidaymakers as pound set to hit $1.35 next year, say economists

The pound will likely hit $1.35 next year, according to economists, delivering a boost to holidaymakers switching currencies...

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GOOGL

The metaverse can make a comeback in 2024: Author

In 2023, AI took center stage, with tech giants like Nvidia (NVDA), Google (GOOG, GOOGL), and Microsoft (MSFT) driving the AI hype cycle. Losing momentum over the past year, did the AI frenzy steal all of metaverse's thunder? Wagner James Au, Author of Making a Metaverse That Matters, joins Yahoo Finance Live to weigh in on the metaverse’s outlook for 2024 and whether a comeback is possible. “The metaverse is all about community and user engagement,” insists Au, who believes that AI will need to rely on the metaverse users for development. Au notes that Roblox (RBLX) is a stand-out star among metaverse platforms. Follow along with Yahoo Finance's 2024 Investor Guide for more expert insight, or click here to watch this full episode of Yahoo Finance Live...

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GOOGL

EU crackdown on Big Tech is handing power to China, claim US congress members

The European Union’s crackdown on technology companies is failing to target Chinese tech giants while unfairly scrutinising Silicon Valley rivals, US politicians have said...

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Microsoft: Cloud Leadership Soars

See how cloud optimization and lower price hikes led to a temporary slowdown in the cloud market in 2023. Click for Microsoft Corporation (MSFT) stock prospects...

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AMZN GOOGL MSFT TSLA

Intel Fails To Excite Wall Street With New Chips

Intel's unveiling of new chips like Gaudi3 failed to impress Wall Street as the stock barely moved after announcement. Find out why INTC stock is a Sell...

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GOOGL

Google users will share $630 million in a Play store settlement

Google has agreed to pay $700 million and to allow more competition in its Play app store, according to the terms of an antitrust settlement with US states and consumers filed in federal court on Monday...

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