The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
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Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
"As we go into 2017, I expect cloud to be one of our largest areas of investment and headcount growth," said Pichai.
the company's portfolio of products, technologies and services in the cloud. This includes cloud hosting facilities, data analytics tools and machine learning and artificial intelligence capabilities. The company recently re-branded the division to better compete with cloud leaders Amazon Web Services and Microsoft Azure.
Alphabet has been building partnerships to reach more cloud customers and offer them a variety of options, like combining on premise storage with cloud-based storage, said Pichai. Customers don't want to be locked into any specific cloud platform and the company is pursuing a hybrid strategy, he said.
"Scaling up through partnerships is a big area focus and investment for us," he said.
The company is hiring across sales, engineering and marketing and building a large cloud machine learning group to make machine learning available to all of Google's cloud customers, said Pichai.
Alphabet reported quarterly earnings and revenue that beat expectations on Monday. Shares popped up 2 percent to $823 in after hours trading, but were last seen flat.
The company posted third-quarter earnings per share of $9.06 on revenue of $22.45 billion. The technology giant had been expected to report fiscal third-quarter earnings of $8.63 a share on revenue of $22.05 billion, according to a Thomson Reuters consensus estimate.
Alphabet is second only to Apple as the world's most valuable company.
— CNBC's Anita Balakrishnan and contributed to this report.