Bloomberg: Alphabet Chairman Struggles With Google CEO’s China Strategy

Bloomberg: Alphabet Chairman Struggles With Google CEO’s China Strategy. “Alphabet Inc. Chairman John Hennessy is unsure about a banner strategy of the company’s most-important executive. Hennessy said he’s not confident Google will be better off bringing a censored search engine to China — a key goal of Google Chief Executive Officer Sundar Pichai.”

Business Insider Australia: It’s become increasingly clear that Alphabet, Google’s parent company, needs new leadership

Business Insider Australia: It’s become increasingly clear that Alphabet, Google’s parent company, needs new leadership. “When they walked out of their jobs by the thousands on Thursday, Google employees did more than bring attention to the company’s handling of sexual harassment allegations. They put an intense public spotlight on the acute shortcomings of the company’s top brass.”

CNET: Google financial results mixed, but Wall Street disappointed

CNET: Google financial results mixed, but Wall Street disappointed. “Alphabet, Google’s parent company, didn’t pull in as much revenue as expected, according to its latest earnings report on Thursday. Third-quarter profits of $9.19 billion outdid expectations — but Wall Street saw the glass as half empty. Alphabet tallied $33.74 billion in sales, a 21 percent increase that nevertheless missed analyst estimates of $34.05 billion for the third quarter. Earnings per share were $13.06. Analysts on average had expected $10.40 per share.”

Brisbane Times: Where is Larry? Google’s co-founder’s mysterious disappearance from public life

Brisbane Times: Where is Larry? Google’s co-founder’s mysterious disappearance from public life. “While other founders of major tech companies, such as Mark Zuckerberg of Facebook and Jack Dorsey of Twitter, have recently been compelled to step into the spotlight, Page is withdrawing more and more from public life to spend time on his private Caribbean island, Bloomberg reports.”

New York Times: Alphabet’s Plans for a China Comeback Go Beyond Google Search

New York Times: Alphabet’s Plans for a China Comeback Go Beyond Google Search. “Google has faced sharp criticism, including from its own employees, for its efforts to rebuild an internet search presence in China after quitting the country eight years ago over censorship issues. But for Google’s corporate parent, Alphabet, the opportunities in the world’s largest internet market may be too good to resist. And the full scope of the company’s interest in China now appears to be broader than just internet search.”

The Verge: Alphabet’s experimental investments in the future continue to cost it a fortune

The Verge: Alphabet’s experimental investments in the future continue to cost it a fortune. “Google parent company Alphabet posted second quarter earnings for 2018 today, beating Wall Street estimates on revenue and income. Despite the historic $5 billion fine levied against it by the European Union last week, which impacted Google’s operating income, Alphabet stock is actually up around 3.5 percent in after-hours trading. That bolsters the likelihood that the EU fine may be nothing more than a pricey slap on the wrist in the long-run — so long as the fine, which Google is appealing, doesn’t have a substantial impact on Google’s advertising machine.”