Annie is a technology reporter for TheStreet. Prior to joining TheStreet, Annie covered the tech industry for the San Francisco Business Times and as a video journalist with Discovery Digital Networks in San Francisco. In addition, she’s worked as a freelance features writer for The Guardian, Vice News, the Daily Beast and others writing about the intersection of technology and culture. Annie is based in San Francisco, Calif.
Absent a forced breakup, there are other ways that an antitrust probe could put a damper on Alphabet's unchallenged dominance.
Since its May public offering, Uber shares have languished below its $45 per share IPO price amid questions about its profitability prospects.
Amid antitrust scrutiny by the DOJ, one analyst predicts 50% upside for investors if Alphabet were to break itself up into 2 or 3 parts.
Alphabet doesn't regularly disclose how much its cloud segment is bringing in.
Despite a weaker economic outlook, mega-cap tech stocks continue to outperform the market this year.
Alphabet's stock has lagged behind other FAANGs this year, thanks in part to weaker-than-expected revenue growth last quarter and its lack of clarity in explaining why.
CEO Elon Musk said that Tesla's longtime CTO, J.B. Straubel, is leaving his role. After missing earnings estimates by a wide margin, Musk told investors that Tesla would be "around breakeven" this quarter -- a claim that is already drawing skepticism.
At a press conference, FTC officials lamented the lack of a national privacy law but argued that the $5 billion fine and other settlement terms will deter future privacy violations.
The new privacy committee is designed to remove the 'unfettered control' of privacy issues by Facebook CEO Mark Zuckerberg, according to the FTC.
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