Google spent $30 billion on its cloud and is making some…

If there’s one question that the top brass at Google are sick of being asked it’s this: How are you going to catch up in the cloud market to Amazon and Microsoft? Google’s answer is pretty straightforward: the old-fashioned way. It plans to build out its tech, making it reliable, affordable, with just enough differentiation to attract customers.

Amazon Is Pulling Out All the Stops Against Apple and Google in High-Stakes Voice Assistant Wars

Although Apple and Google’s voice assistants are shipped with far more devices, Amazon’s Alexa has become a formidable rival thanks to big investments and a swelling ecosystem. As much as Amazon’s Echo home speaker/voice assistant has turned into a surprise hit and yielded a blizzard of positive media attention, the Alexa voice assistant powering Echo hardware is still in key respects at a strategic disadvantage compared to rival offerings from Alphabet /Google , Apple , and Microsoft’s .

Amazon is Pulling Out All the Stops Against Apple and Google in the Voice Assistant Wars

Echo home speaker/voice assistant has turned into a surprise hit and yielded a blizzard of positive media attention, the Alexa voice assistant powering Echo hardware is still in key respects at a strategic disadvantage relative to Alphabet /Google Google and Apple’s assistants each shipped with hundreds of millions of mobile devices last year, and Microsoft’s perhaps on close to 200 million PCs. By contrast, Echo sales were likely only in seven figures.

Snap Shows Investor Appetite to Again Bet on Young Companies

If there’s one lesson Silicon Valley can learn from Snap Inc.’s trading debut, it’s that investors in initial public offerings are again willing to stomach the uncertainty of betting on hopeful, young companies. While concerns still loom about growth and profitability at the maker of disappearing-photo app Snapchat, interest in the IPO is undeniable.

Snap IPO Shows Investor Appetite to Again Bet on Young Companies

If there’s one lesson Silicon Valley can learn from Snap Inc.’s trading debut, it’s that investors in initial public offerings are again willing to stomach the uncertainty of betting on hopeful, young companies. While concerns still loom about growth and profitability at the maker of disappearing-photo app Snapchat, interest in the IPO is undeniable.

Google brings Assistant to Android phones

Google’s voice-activated digital assistant will soon be available on smartphones running the latest versions of the Android operating system. LG was one of the first smartphone makers to reveal it would feature the assistant on its new device, the G6.

Here’s Why Alphabet May Be the Best FANG Stock to Own

The company’s rock-solid balance sheet, its stranglehold over a lion’s share of the digital advertising market, the possibility of rapid growth in the smartphone space, and the ever-widening Google ecosystem, makes Alphabet an unbeatable proposition . Without a doubt, Alphabet’s real cash-cow is its all-encompassing Internet search engine, Google.

Alphabet’s Google to Shut Down Messaging App ‘Spaces’

Alphabet’s Google will shut down its messaging app “Spaces” on April 17. “Spaces” was the company’s attempt to get in on the group messaging space, allowing users to join small groups to discuss various topics. Its key feature was that it allowed users to pull in Google’s search services and YouTube videos automatically.

Baidu Hits the Reset Button After Cleaning Up Online Advertising

Baidu Inc. is convinced it’s put the worst of a government-driven internet advertising crackdown behind it after posting quarterly revenue that beat estimates. Sales fell a less-than-projected 2.6 percent in the fourth quarter after China’s biggest search engine raised registration requirements for marketers and cut the number of ads it displays alongside results.

Baidu Needs to Speed Up the Future After That Uber Boost: Gadfly

If it weren’t for the CEO of Uber Technologies Inc. being pragmatic about his China business and selling to Didi Chuxing last year, Baidu wouldn’t have been able to swap its shares in Uber China for those of the nation’s dominant ride-hailing provider. That three-way trade and other income reaped 1.796 billion yuan for the search-engine giant in the fourth quarter and was the primary reason for Baidu beating earnings estimates.

Baidu’s Sales Tops Estimates as It Pushes New Businesses

Baidu Inc. posted quarterly results that topped analysts’ estimates, as China’s biggest search engine pushes into new businesses such as news aggregation to overcome government restrictions on web advertising. Revenue for the fourth quarter came to 18.21 billion yuan , compared with estimates for 18.17 billion yuan, Baidu said in a statement.

Baidu’s Quarterly Revenue Tops Estimates on New Business Push

Baidu Inc. posted quarterly revenue that topped analysts’ estimates as it pushes into new businesses such as news aggregation to overcome government restrictions on web advertising at China’s biggest search engine. Revenue for the fourth quarter was 18.21 billion yuan , compared with estimates for 18.17 billion yuan, Baidu said in a statement.

Baidu’s Quarterly Revenue Tops Estimates on New Business Push

Baidu Inc. posted quarterly revenue that topped analysts’ estimates as it pushes into new businesses such as news aggregation to overcome government restrictions on web advertising at China’s biggest search engine. Revenue for the fourth quarter was 18.21 billion yuan , compared with estimates for 18.17 billion yuan, Baidu said in a statement.

Wednesday’s ETF Movers: MCHI, GDX

In trading on Wednesday, the iShares MSCI China ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Netease , up about 3.4% and shares of Alibaba Group Holding , up about 2.8% on the day.

Chinese Streaming Giant iQiyi Raises $1.5B

The cash infusion will boost the Netflix-like streaming service in its ongoing battle for market share against Tencent and Alibaba. iQiyi, the Netflix-like streaming video subsidiary of Chinese search giant Baidu, has raised $1.53 billion in new funds to fuel its investments in original content and compete with rivals.

Google, Bing Agree to Help U.K. Creative Industries Fight Pirate Sites

A voluntary code of practice is designed to “kick-start collaboration between the parties to demote links to websites that are dedicated to infringing content for consumers in the U.K.” Google and Microsoft’s Bing are two big-name search engines that have voluntarily signed on to a first-of-its kind initiative in Britain aimed at “reducing the availability of infringing content accessed through online search.” The agreement between representatives of rights holders and major search engines was unveiled Monday following a government-chaired series of roundtables.

Amazon and Apple’s Payments Growth Shows PayPal Is Facing Stiffer Competition

Though its shares — and back when it was a part of eBay , eBay’s shares — have dipped a number of times on news that a tech giant is trying to muscle in on its turf, the company has kept delivering 20%-plus payment volume growth like clockwork. But while any talk of a would-be “PayPal-killer” merits skepticism, the company does arguably face a tougher competitive environment than any time in recent history.

Google Said to Fund Legal Brief Against Trump Immigration Order

Google parent Alphabet Inc. is footing the bill for the legal brief signed by more than 120 companies that oppose President Donald Trump’s executive order on immigration, according to people familiar with the arrangement. While Alphabet is paying Washington, D.C.-based law firm Mayer Brown LLP to handle the friend-of-the-court brief, other companies have offered to fund a share of the fee, the people said.

article

Market-intelligence firm CB Insights has compiled a list of the major acquirers of private artificial-intelligence companies over the last five years. This list reveals well-known tech giants making large investments to increase their capabilities in AI.

article

Market-intelligence firm CB Insights has compiled a list of the major acquirers of private artificial-intelligence companies over the last five years. This list reveals well-known tech giants making large investments to increase their capabilities in AI.

Why Self-Driving Cars Will Be Baidus Next Big Opportunity

Morgan Stanley analysts recently said that Baidu won’t be delivering much upside this year as its growth will be restricted by tight advertising laws in China. Also, as the likes of Tencent Holdings raise their content game by investing in online video, Baidu will find it difficult to boost revenue.

Facebook Carries ‘One Long-Term Concern,’ RBC’s Mahaney Says

Facebook, the social media giant that if it were a country would be the most populous in the world, will report its fourth quarter earnings results after the market close on Wednesday. “We like the setup with Facebook going into this print tonight,” RBC tech analyst Mark Mahaney said on CNBC’s “Halftime Report” Wednesday afternoon.

Google Not Planning to Be Silenced by Amazon’s Echo

Amazon’s Echo may have the early edge, but Google CEO Sundar Pichai says the race to have the dominant voice assistant is at a ‘very early’ stage. The blowout success of the Amazon Echo has raised the stakes in the voice assistant space, but Google CEO Sundar Pichai doesn’t seem to be all that worried.