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#Ruth Porat
don-lichterman · 2 years
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Alphabet's better-than-feared quarter shows advertisers are staying with Google
Alphabet's better-than-feared quarter shows advertisers are staying with Google
Alphabet's better-than-feared quarter shows advertisers are staying with Google
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ictmirror · 12 days
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thewales · 2 years
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The Earthshot Innovation Summit will be HUGE.
I’m sad that Prince William is probably going to miss it for obvious reasons but wow, this is big!
The summit will take place on the morning of September 21, 2022 at The Plaza Hotel in New York City. It will be hosted by Michael R. Bloomberg, the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions; it will bring together heads of state, government and civil society leaders, philanthropists, business executives, and grassroots climate activists from around the world.
Bloomberg, Global Advisor to the Winners of The Earthshot Prize, will welcome a number of speakers and special guests including:
Her Majesty Queen Rania Al Abdullah, Member of The Earthshot Prize Council
Alexandra Cousteau, Senior Advisor to Oceana
Alyssa Gaines, 2022 National Youth Poet Laureate
Anne Hidalgo, Mayor of Paris
Bill Gates, Co-Chair and Board Member, Bill & Melinda Gates Foundation
Brad Smith, President, Microsoft;
The Honorable Caroline Kennedy, U.S. Ambassador to Australia
Cate Blanchett, Actor and Member of The Earthshot Prize Council
Christiana Figueres, Chair of The Earthshot Prize and Former Executive Secretary of the UN Framework Convention on Climate Change
Ambassador Cindy McCain, US Ambassador, United Nations Agencies for Food and Agriculture
Fred Krupp, President, Environmental Defense Fund
Gayle Smith, CEO, One Campaign
Hannah Jones, CEO, The Earthshot Prize
Hindou Oumarou Ibrahim, Member of The Earthshot Prize Council
Joy Harjo, 23rd United States Poet Laureate
Matt Damon, Actor and Activist, Co-Founder, Water.org
Urban Word NYC Youth Poets Rev. Lennox Yearwood, CEO and President, Hip Hop Caucus
Mindy Lubber, CEO and President, Ceres
Tokunboh Ishmael, Founding Trustee, Co-Founder and Managing Director of Alitheia Capital
Ruth Porat, Senior Vice President & Chief Financial Officer, Alphabet and Google and,
Oscar the Grouch.
And The inaugural Finalists and Winners of The Earthshot Prize.
The event will be held from 8:00am-12:30pm ET at The Plaza Hotel in New York City.
The Summit’s mainstage program will feature keynote remarks, panel discussions, fireside chats, and presentations celebrating The Earthshot Prize’s 2021 Finalists and spotlighting the Prize’s five key pillars of climate solutions: Protect and Restore Nature, Clean Our Air, Revive Our Oceans, Build A Waste-Free World, and Fix Our Climate.
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msclaritea · 1 year
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How World Economic Forum, others are hiding their past ties with FTX
https://nypost.com/2022/11/14/how-world-economic-forum-others-are-hiding-past-ties-with-ftx/?s=09
By Ariel Zilber, Thomas Barrabi and Lydia Moynihan
November 14, 2022 2:01pm Updated
The shocking implosion of the FTX crypto exchange has become an embarrassment for a who’s who among global elites, with some issuing mea culpas — and others apparently scrambling to hide their ties to its disgraced, 30-year-old founder Sam Bankman-Fried.
Web archive sites show that the World Economic Forum — whose glitzy shindig in Davos, Switzerland, is a must-attend for billionaires and world leaders each year — had previously listed FTX as one of its “partners,” touting the Bahamas-based firm as a “cryptocurrency exchange built by traders, for traders.”
Bankman-Fried also was a speaker at Davos last May alongside luminaries such as Google financial chief Ruth Porat and Bill Winters, CEO of the London-based financial giant Standard Chartered. Nevertheless, WEF has since scrubbed any mention of FTX from its website in the days after the crypto exchange filed for bankruptcy.
“FTX was a World Economic Forum partner. In light of last week’s events, their partnership was suspended and they were removed from the Partners section of our website,” a spokesman for the Geneva-based organization headed by Klaus Schwab told The Post on Monday.
According to one WEF insider, Bankman-Fried likely landed on the group’s site because he donated cash to the group, in addition to his upcoming speaking gig.
The WEF has not commented as to why it has deleted reference to FTX.
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rachelroams · 12 days
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That’s a wrap on another successful producing project for Google!
I’m immensely proud of the work our content production & show teams did to pull off three powerful keynote sessions at Leaders Circle 2024, bringing together the best and the brightest minds in the world to connect, inspire, and move the needle on AI advancement within corporate environments.
I’ve had the pleasure of teaming up with MAS x Google Cloud twice over the last year, and have loved collaborating with each team’s creative and intellectual powerhouses to produce impactful programming.
Here’s to telling more change-making stories together!
Special props to Leaders Circle 2024’s esteemed speakers, including (but not limited to) Katie Couric, Thomas Kurian, Sir Demis Hassabis, Matt Renner, Andre Agassi, Ruth Porat & Alison Wagonfeld.
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ramtracking · 12 days
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Google Is Laying Off More Employees [ Alphabet Inc. ]
Google Is Laying Off More Employees [News Summary] Google is cutting more staff, this time teams working in finance and real estate. Google announced on Wednesday that it plans to lay off a significant number of employees and relocate some positions overseas. The layoffs… Ruth Porat, Google’s CFO, sent an email to employees announcing that the company would create “growth hubs” in India, Mexico…
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definitelytzar · 3 months
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jcmarchi · 3 months
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Google announces UK data centre to meet ‘growing demand' for AI
New Post has been published on https://thedigitalinsider.com/google-announces-uk-data-centre-to-meet-growing-demand-for-ai/
Google announces UK data centre to meet ‘growing demand' for AI
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Google has announced plans to invest $1 billion in a new data centre in the UK which it says will help to meet “growing demand” for its AI and cloud services.
The 33-acre site in Waltham Cross, Hertfordshire will bring much-needed compute capacity to businesses, supporting AI innovation and ensuring reliable digital services for Google Cloud customers and general consumers relying on products like Search, Maps, and YouTube.
Ruth Porat, Alphabet’s president and chief financial officer, said the data centre “represents our latest investment in the UK and the wider digital economy.” She added that it builds on previous investments like Saint Giles and Kings Cross offices, a multi-year research deal with Cambridge, and the Grace Hopper subsea cable connecting the UK with the US and Spain.
Google have announced a further $1 billion investment to open a new data centre in Hertfordshire.
It’s a huge vote of confidence in the UK as the largest tech economy in Europe, bringing with it good jobs and the infrastructure needed to support British businesses 🇬🇧 https://t.co/JRDgceVVxM
— Rishi Sunak (@RishiSunak) January 19, 2024
Porat said the facility will “help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs for the local community.”
As a pioneer in computing infrastructure, Google runs some of the most efficient data centres in the world and has committed to powering them entirely on carbon-free energy around the clock by 2030.
Last year, Google signed a deal with ENGIE for offshore wind energy from Scotland’s Moray West farm which will provide 100MW of energy and put UK operations on track for 90 percent clean energy by 2025.
The new data centre will recover heat for local homes and businesses while also deploying an air-cooling system.
[embedded content]
Porat called the new data centre the “latest in a series of investments that support Brits and the wider economy” and evidence of its “continued commitment to the UK.” Other investments include $1 billion for its Central Saint Giles office space, developing the one million sq ft King’s Cross campus, and an Accessibility Discovery Centre spurring accessible technology.
Beyond offices, data centres, and subsea cables, Google has also provided digital skills training for over a million Brits and expanded its AI-focussed Digital Garage curriculum to capitalise on demand for the technology.  
Google’s announcement follows Microsoft confirming a £2.5 billion data centre in the UK last November after overcoming regulatory hurdles for its £55 billion Activision Blizzard acquisition.
“This is the single largest investment in its 40-year history in the country which will see Microsoft grow its UK AI infrastructure across sites in London and Cardiff and potential expansion into northern England, helping to meet the exploding demand for efficient, scalable, and sustainable AI specific compute power,” explained HM Treasury.
“Data centres process, host, and store the massive amounts of digital information that is critical for developing AI models.”
Microsoft is supplying its UK data centre with more than 20,000 advanced GPUs for machine learning and the development of new AI models.
Chancellor of the Exchequer Jeremy Hunt said: “The UK is the tech hub of Europe with an ecosystem worth more than that of Germany and France combined – and this investment is another vote of confidence in us as a science superpower.”
(Image Credit: Google)
See also: DeepMind AlphaGeometry solves complex geometry problems
Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with Digital Transformation Week and Cyber Security & Cloud Expo.
Explore other upcoming enterprise technology events and webinars powered by TechForge here.
Tags: ai, artificial intelligence, cloud, cloud computing, data centre, datacentre, europe, Google, uk
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gerdfeed · 3 months
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Over canapés and cocktails down the street at the Alpine Inn, Google CFO Ruth Porat promised to work with policymakers to “develop responsible regulation” and touted the company’s investments in efforts to retrain workers.
The Davos elite embraced AI in 2023. Now they fear it.
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Νταβός: Με στελέχη της Intel, της Alphabet και της Google συναντήθηκε ο Μητσοτάκης
Ο πρωθυπουργός Κυριάκος Μητσοτάκης συναντήθηκε σήμερα με τον διευθύνοντα σύμβουλο της Intel, Pat Gelsinger, και στη συνέχεια με την πρόεδρο και επικεφαλής επενδυτικών και οικονομικών υποθέσεων (President, Chief Investment Officer, Chief Financial Officer) της Alphabet, μητρικής της Google, Ruth Porat, και τον πρόεδρο της Google για δραστηριότητες στην Ευρώπη, τη Μέση Ανατολή και την Αφρική…
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techcree · 6 months
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Alphabet Verluste?
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Alphabet ist die Muttergesellschaft von Google und wäre ohne die Google Tochter wohl schon pleite.
Eine ganz persönliche Meinung zum Thema Alphabet Finanzen!
Aus der Presse ist zu entnehmen, das Alphabet auch zuletzt kontinuierlich Verluste in Milliardenhöhe macht. Und auch die Aussichten sind düster, denn die Quartalsverluste liegt seit längerer Zeit bei rund 1,2 bis 1,3 Milliarden US-Dollar. Damit dürfte die Google Mutter wohl auch 2023 wieder einen Jahresverlust von 6 Milliarden Dollar ausweisen müssen. Seit Jahren ist Google-CEO Sundar Pichai auch CEO von Alphabet. Komfortable Situation für Pichai, denn er berichtet damit quasi nur an sich selbst.
Die Alphabet-Moonshots, also die eher experimentellen Unternehmungen von Alphabet, wurden entweder abgewürgt, wie bspw. das Projekt Loon, bei dem es darum ging die Internetversorgung über Ballons zu gewährleisten, oder kommen nicht so richtig in die Gänge. Einst wurden die experimentellen Unternehmungen extra unter Alphabet zusammengefasst, teilweise um das Ergebnis von Google nicht zu trüben. Ob an dieser Stelle Umsatz generiert wird ist nicht so richtig klar. Wäre auch im Prinzip kein Thema, wenn dort Entwicklungen gefördert werden, die eventuell künftig dem Unternehmen neue Perspektiven bieten.
Doch mit langfristiger Entwicklung von Geschäftsmodellen hat Google es nicht so. Stadia hätte enromes Potential gehabt, doch Googles Managment war zu unfähig die Spieleplattform richtig zu entwickeln und fuhr das ganze Thema an die Wand. Noch heute hat sich dadurch der Schaden ins Vertrauen von Google nicht erholt. Stümperhaft polterte man wie der Elefant im Porzellanladen durch Stadia. Dabei war gerade Stadia die erste so richtige und vielversprechende Möglichkeit ein neues Geschäftsfeld zu entwickeln gewesen.
Was Pichai antreibt solche Entscheidungen zu treffen ist völlig unklar, ja nicht nachvollziehbar. Pichai gilt in Fachkreisen sogar als angezählt. Er habe seinen Zenit überschritten und auch die Rufe nach Rücktirtt gab es schon zahlreiche. Wie die finanzielle Lage bei Alphabet und den Töchtern im Detail aussieht, weiss aber keiner so genau. Außer wohl Ruth Porat. Sie ist CFO of Google, Alphabet Inc. und dürfte, so sollte man meinen, genau wissen wie es um die Finanzen steht. Der Aktienkurs konnte sich jedenfalls etwas erholen, das sah vor knapp einem Jahr nicht so gut aus.
Alles wirkt seither eher wie ein Balanceakt auf einem sehr dünnen Drahtseil. Un oben auf dem Seil eine Finanzcheffin, die einen CEO auf den Schultern trägt, dem es nicht gelingt Ruhe reinzubringen. Beide Top Verdiener, die Millionen für sich selbst einstreichen. Sorgen um Google muss man sich aber wohl eher nicht machen. Jedenfall ist das Werbegeschäft mit der Suchmaschine derzeit immer noch der Fels in der Brandung. Bisher. Das könnte sich aber jederzeit ändern. Solche großen Veränderungen gab es in der Branche immer wieder. Oftmals eben weil sich die Unternehmen nicht an Veränderungen anpassen konnten, welche oft technologischer Natur waren.
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marketingyts · 7 months
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Alphabet Inc.’s tech giant, Google, has come under scrutiny as it was revealed in a federal antitrust trial that the company has been making adjustments to its advertising auctions to ensure it meets revenue targets. Jerry Dischler, the Vice President for Google’s advertising products, disclosed on Monday that these tweaks sometimes result in ad price increases of up to 5%, impacting advertisers and businesses relying on Google’s advertising platform.
While Google frequently fine-tunes the algorithms governing its ad auctions, it has been customary for the company not to inform advertisers about pricing changes. Dischler’s testimony shed light on internal communications, including a May 2019 email, in which he discussed the need to make changes to meet quarterly revenue targets set by Chief Financial Officer Ruth Porat. The fear of disappointing Wall Street was a strong motivator, as Dischler expressed concern about potential stock price losses and their impact on morale and the sales team.
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shahananasrin-blog · 9 months
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[ad_1] Ruth Porat, Alphabet's chief financial officer, appears on a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022.Hollie Adams | Bloomberg | Getty ImagesGoogle said in May that, starting in December, it would begin purging inactive accounts, a warning sign of sorts to people who use multiple logins. Recently, Google has been nudging people over email to remind them what will happen to those stagnant accounts. Critics of Google's strategy are making their voices heard.Sabrina Meherally, CEO of Canadian design firm Pause and Effect, wrote in a post on LinkedIn last week that she received the warning via an email with the vanilla subject line, "Updating our Google Account inactivity policy.""I'm of the mind that email subject lines should be explicitly clear, especially if a consequence is attached to a customer's inaction," she wrote. "With the number of emails and spam that enter in my inbox, I could have very well deleted it." One thing Meherally suggested could be more effective is a "banner on Google.com," the company's ubiquitous search engine. Users commonly maintain multiple accounts, allowing them to use different email addresses for different purposes, and to store online photos and documents in separate places. But for Google, storage space on free accounts is a cost. And the company's focus this year has been on profitability. Still, consumers aren't accustomed to this new form of Google aggression. "What are you doing Google," a person using the handle StoneRose95 on X, formerly known as Twitter, wrote in a post, with a screenshot of the email message attached. The new policy doesn't apply to schools or businesses using Google accounts. Paying subscribers for services like extra storage are also safe. The standard 15GB allotment should last three years or more for 80% of account holders, Google said in a 2020 blog post.Sign in once every two yearsKeeping that extra account doesn't require much work. All a user has to do is sign in at least once every two years. Google said in its May post that it intends to carry out the purge to keep attackers from taking over neglected personal accounts. It told users they would receive "multiple notifications over the months leading up to deletion.""Forgotten or unattended accounts often rely on old or re-used passwords that may have been compromised, haven't had two factor authentication set up, and receive fewer security checks by the user," Ruth Kricheli, a Google vice president, wrote in the post. "Our internal analysis shows abandoned accounts are at least 10x less likely than active accounts to have 2-step-verification set up."A Google spokesperson said this is the first time the company has implemented such a policy. Microsoft operates similarly. With some exceptions, users must sign in to their accounts at least once every two years to keep them active, and the company reserves the right to close accounts when people don't comply.Left unsaid in Krichell's post is that Google parent Alphabet is in cost-saving mode. For the first time in its almost two decades as a public company, Google revenue has grown by less than 10% for four consecutive quarters. Advertisers have turned cautious because of the uncertain economy, and Google's YouTube service is seeing increased competition from TikTok. Alphabet has cut thousands of jobs this year, slowed hiring and focused on efficiency. Finance Chief Ruth Porat has described these moves as "efforts to reengineer our cost base." Inside the company, she's told employees to expect revisions to PC refresh cycles, shuttle schedules, cafeteria operations and even fitness classes, CNBC has reported.It's a familiar theme across the tech sector. Amazon, Microsoft and Meta have all dialed down the emphasis on growth and sought ways to lower expenses. When it comes to Google's new account policy and the stated security reasons behind the changes, a developer named Chris Beiser questioned the company's logic."Old accounts are more likely to be hacked, so we will delete the accounts? Like saying if a bank is not secure we should burn all its money before a bank robber can rob it," Beiser wrote on X. "This article feels really disingenuous."Emmett Shear, co-founder and former CEO of Amazon-owned video streaming service Twitch, criticized the original announcement, expressing concern that the change would lead to the vanishing of many old YouTube videos. But Google quickly updated the blog post to say that "we do not have plans to delete accounts with YouTube videos at this time.""Hooray!" Shear wrote on X in response to the tweak.Stephanie Murphy, a parent, took to TikTok to express her displeasure with Google's new approach to stagnant accounts. In the video, Murphy said she created an account for her daughter. She never accesses the accounts, but instead sends emails there for her daughter to see in the future, like a journal. "Everything was going fine until I received this email from Google today," she said in the video. "I literally only use that account to send emails to, and I never go into the account."WATCH: Google offering on-campus hotel as return-to-office incentive [ad_2]
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katslefty · 11 months
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ramtracking · 13 days
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Google Is Laying Off More Employees [ Google ]
Google Is Laying Off More Employees [News Summary] Google is cutting more staff, this time teams working in finance and real estate. Ruth Porat, Google’s CFO, sent an email to employees announcing that the company would create “growth hubs” in India, Mexico and Ireland. Google (GOOG) (GOOGL) is reportedly pursuing more layoffs and restructuring, including moving some roles to other countries.…
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alphst · 1 year
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Alphabet Inc (GOOGL) Q1 2023 Earnings Call Transcript
$GOOGL Q1 2023 Earnings Call Transcript #earnings #markets #investing
Alphabet Inc (NASDAQ: GOOGL) Q1 2023 earnings call dated Apr. 25, 2023 Corporate Participants: Jim Friedland — Director of Investor Relations Sundar Pichai — Chief Executive Officer Philipp Schindler — Senior Vice President and Chief Business Officer Ruth Porat — Chief Financial Officer Analysts: Brian Nowak — Morgan Stanley — Analyst Doug Anmuth — J.P. Morgan — Analyst Eric Sheridan — Goldman…
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