Stadia’s Sudden Shutdown Blindsided Staff, Devs, And Bungie

Photo: Hulton Archive / Stringer / Kotaku (Getty Images) Few thought Google’s troubled streaming service, Stadia, might ever become a dominant player in the gaming industry, but almost no one expected it to shut down so abruptly, including the company’s own employees. Stadia VP Phil Harrison, fast becoming the grim reaper of new gaming initiatives, … Read more

This Big Tech FAANG stock looks ‘very attractive,’ asset manager says

One Big Tech stock looks “very attractive” in the medium term, according to Neil Veitch, investment director at SVM Asset Management. That’s Alphabet , a firm he says is his favorite of the FAANG stocks — a grouping which includes Facebook-parent Meta , Amazon , Apple , Netflix and Google-parent Alphabet . “[Alphabet has] all … Read more

Google CEO Tells Workers They Don’t Need Money to Have Fun

It’s easy to tell workers that fun doesn’t have to cost money when you have lots of money, I dare say.Photo: Jerod Harris (Getty Images) Google CEO Sundar Pichai, who leads one of the world’s richest companies, very likely does not want to talk about money to his employees while the Big Tech giant is … Read more

Tech stocks notch worst two-week stretch since the start of pandemic

Pedestrians pass by the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the prior week. That marks the worst two-week stretch for the tech-heavy index since it … Read more

Google CEO Pichai fields questions on cost cuts at all-hands meeting

Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. Fabrice COFFRINI | AFP | Getty Images As Google tries to navigate an unfamiliar environment of slowing growth, cost cutting and employee dissent over cultural changes, CEO Sundar Pichai is finding himself on … Read more