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How Google Is Hoping to Boost Its Fast-Growing ‘Other Revenue’

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Key Tech Sector Updates: Google, Apple, and RokuGoogle has increased the prices on some G Suite plans by 20%Alphabet’s (GOOG) Google announced on Wednesday, January 16, that it will be hiking the price of its G Suite subscription for the first.

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Fossil stock gains after company says it will sell smartwatch IP to Google for $40 million

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Shares of Fossil Group Inc. are up nearly 5% in afternoon trading Thursday after the company announced that it would be selling intellectual property related to in-development smartwatch technology to Alphabet Inc.'s Google for $40 million. The shares were up as much as 10.9% earlier in the day but have given back some of their gains. Fossil said in a release that some members of its research and development team who are focused on this particular IP will move to Google. "Fossil Group retains more than 200 R&D team members to focus on innovation and product development," the release said.

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Fossil to sell smartwatch technology worth $40 million to Google, shares rise

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Fossil to sell smartwatch technology worth $40 million to Google, shares rise. (Reuters) - Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc's Google for $40 million (£31 million), sending the watchmaker's shares up as much as 11 percent. The sale will see a portion of its research and development team currently working on the technology moving to Google. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry," Stacey Burr, vice president of product management at Google's Wear OS, a smartwatch platform, said.

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Fossil shares jump after Google agrees to buy smartwatch tech for $40 million

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Fossil shares jump after Google agrees to buy smartwatch tech for $40 million. Fossil is selling $40 million of smartwatch technology to Google , the company announced on Thursday. Fossil is one of the primary brands that continues to build smartwatches that run Google's Wear OS software, which competes with the Apple Watch but has struggled to gain mass adoption among consumers. But Fossil said that smartwatches are its fastest growing category. "The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry by enabling a diverse portfolio of smartwatches and supporting the ever-evolving needs of the vitality-seeking, on-the-go consumer," said Stacey Burr, Vice President of Product Management, Wear OS by Google.

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Fossil Group Enters Agreement To Sell Select Smartwatch Technology To Google

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Transaction Unlocks Growth Opportunities for Fossil Group’s Wearables Business. RICHARDSON, Texas, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Today, Fossil Group (FOSL) announced its plan to sell to Google for $40 million intellectual property (IP) related to a smartwatch technology currently under development by Fossil Group. As part of the transaction, a portion of Fossil Group’s research and development (R&D) team currently supporting the transferring IP will join Google. Fossil Group retains more than 200 R&D team members to focus on innovation and product development. Together with Google, our innovation partner, we’ll continue to unlock growth in wearables."

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Alphabet Inc (GOOG) CEO, Google LLC Sundar Pichai Sold $10.9 million of Shares

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CEO, Google LLC of Alphabet Inc (GOOG) Sundar Pichai sold 10,000 shares of GOOG on 01/16/2019 at an average price of $1086.33 a share. Alphabet Inc has a market cap of $754.73 billion; its shares were traded at around $1080.97 with a P/E ratio of 41.04 and P/S ratio of 5.98. Alphabet Inc had annual average EBITDA growth of 16.60% over the past ten years. The price of the stock has increased by 3.84% since. For the complete insider trading history of GOOG, click here.

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Alphabet Inc (NASDAQ:GOOG) Shares Sold by Comerica Bank – Fairfield Current

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Comerica Bank cut its stake in Alphabet Inc (NASDAQ:GOOG) by 18.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. Alphabet Inc has a fifty-two week low of $970.11 and a fifty-two week high of $1,273.89. Canaccord Genuity dropped their price target on shares of Alphabet from $1,170.00 to $1,140.00 and set a “hold” rating on the stock in a report on Friday, October 26th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and twenty-nine have assigned a buy rating to the company’s stock.

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Updated study shows how links are still incredibly important for ranking in Google

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Search Engine Land•January 17, 2019. Surprise, surprise – a Google ranking study shows links are still important for ranking.Please visit Search Engine Land for the full article.

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Alphabet Earnings: Mark Your Calendar

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The company has seen impressive growth in revenue and earnings per share recently even as the stock price has tumbled from highs close to $1,300 per share last summer to about $1,090 at the time of this writing. Alphabet's fourth-quarter earnings release, scheduled for Feb. 4, will give investors a chance to look over the company's latest results and assess whether the stock's recent sell-off has gone too far, potentially making the search giant a buy. This was a slight deceleration from constant-currency revenue growth of 23% in both the first and second quarters of 2018. While this deceleration is small enough that it shouldn't concern investors, a more meaningful deceleration in the coming quarters could be a concern. On the other hand, investors should be sure to zoom out and view trends over extended periods; too much attention on quarter-to-quarter fluctuations could lead investors to focus too much on the trees and not enough on the forest. If revenue decelerates meaningfully for three or more quarters in a row, however, it may be time to revisit growth expectations for the company.

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Wednesday, January 16


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Google raises prices on its competitor to Microsoft Office for the first time in a decade

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Google is raising prices for the basic enterprise and small business versions of its G Suite productivity apps, like Gmail and Docs, for the first time. The 20 percent price increase comes soon after the appointment of Thomas Kurian, a former Oracle executive, as the head of Google's Cloud division . While the news that Kurian would replace former CEO Diane Greene was announced last November, he only formally took on the role this year. The price bumps — from $5 to $6 per user / month for G Suite's Basic Edition plan and from $10 to $12 per user / month for its Business Edition tier — will take effect on April 2 and bring Google's product costs closer to those of rival suite Microsoft Office 365. "The one thing that hasn't changed over this time is price," the post says. While Google doesn't break out its cloud market share or how much the business makes, it said in February 2018 that the cloud unit overall had passed $1 billion in revenue per quarter. Even with that disclosure, it's unclear how much revenue is coming from G Suite versus Google's Cloud Platform.

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