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Alphabet Stock (GOOGL) Jumps on Early Google Pixel 10 Reveal

Alphabet Stock (GOOGL) Jumps on Early Google Pixel 10 Reveal

Alphabet (GOOGL) stock was up on Tuesday after subsidiary Google revealed its upcoming Pixel 10 smartphone early. A new video on the Google Store revealed the appearance of the Pixel 10 well before its official launch on Aug. 20, 2025. Google likely revealed the design of the new smartphone early to cut off leakers, who have posted quite a bit of information about the device.
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However, the reveal of the Pixel 10 isn't as surprising as some might think. That's because this new smartphone largely follows the same design as its predecessor. Even the most diehard Pixel fans may have trouble telling the difference between the Pixel 9 and the Pixel 10.
To be fair, not every new smartphone release needs a design overhaul. Sticking with a form factor that users know could make them more comfortable with upgrading to the Pixel 10. Additionally, there are sure to be internal changes that are more important to consumers than the outside appearance of the new device.
Alphabet Stock Movement Today
GOOGL stock jumped 0.34% on Tuesday, keeping the stock up 0.83% year-to-date and 4.57% over the past 12 months.
Investors will also note that Alphabet is about to release its Q2 2025 earnings report. That will come out after markets close on Wednesday. Wall Street expects the tech giant to report adjusted EPS of $2.18 and revenue of $93.96 billion, compared to Q2 2024's EPS of $1.89 and revenue of $84.64 billion.
Is Alphabet Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts' consensus rating for Alphabet is Strong Buy, based on 30 Buy and nine Hold ratings over the past three months. With that comes an average GOOGL stock price target of $205.71, representing a potential 8.59% upside for the shares.
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Meta clashes with Apple, Google over age check legislation
Meta clashes with Apple, Google over age check legislation

Los Angeles Times

time3 hours ago

  • Los Angeles Times

Meta clashes with Apple, Google over age check legislation

The biggest tech companies are warring over who's responsible for children's safety online, with billions of dollars in fines on the line as states rapidly pass conflicting laws requiring companies to verify users' ages. The struggle has pitted Meta Platforms Inc. and other app developers against Apple Inc. and Alphabet Inc.'s Google, the world's largest app stores. Lobbyists for both sides are moving from state to state, working to water down or redirect the legislation to minimize their clients' risks. This year alone, at least three states — Utah, Texas and Louisiana — passed legislation requiring tech companies to authenticate users' ages, secure parental consent for anyone under 18 and ensure minors are protected from potentially harmful digital experiences. Now, lobbyists for all three companies are flooding into South Carolina and Ohio, the next possible states to consider such legislation. The debate has taken on new importance after the Supreme Court this summer ruled age verification laws are constitutional in some instances. A tech group on Wednesday petitioned the Supreme Court to block a social media age verification law in Mississippi, teeing up a highly consequential decision in the next few weeks. Child advocates say holding tech companies responsible for verifying the ages of their users is key to creating a safer online experience for minors. Parents and advocates have alleged the social media platforms funnel children into unsafe and toxic online spaces, exposing young people to harmful content about self harm, eating disorders, drug abuse and more. Meta supporters argue the app stores should be responsible for figuring out whether minors are accessing inappropriate content, comparing the app store to a liquor store that checks patrons' IDs. Apple and Google, meanwhile, argue age verification laws violate children's privacy and argue the individual apps are better-positioned to do age checks. Apple said it's more accurate to describe the app store as a mall and Meta as the liquor store. The three new state laws put the responsibility on app stores, signaling Meta's arguments are gaining traction. The company lobbied in support of the Utah and Louisiana laws putting the onus on Apple and Google for tracking their users' ages. Similar Meta-backed proposals have been introduced in 20 states. Federal legislation proposed by Republican Senator Mike Lee of Utah would hold the app stores accountable for verifying users' ages. Still, Meta's track record in its state campaigns is mixed. At least eight states have passed laws since 2024 forcing social media platforms to verify users' ages and protect minors online. Apple and Google have mobilized dozens of lobbyists across those states to argue that Meta is shirking responsibility for protecting children. 'We see the legislation being pushed by Meta as an effort to offload their own responsibilities to keep kids safe,' said Google spokesperson Danielle Cohen. 'These proposals introduce new risks to the privacy of minors, without actually addressing the harms that are inspiring lawmakers to act.' Meta spokesperson Rachel Holland countered that the company is supporting the approach favored by parents who want to keep their children safe online. 'Parents want a one-stop-shop to oversee their teen's online lives and 80% of American parents and bipartisan lawmakers across 20 states and the federal government agree that app stores are best positioned to provide this,' Holland said. As the regulation patchwork continues to take shape, the companies have each taken voluntary steps to protect children online. Meta has implemented new protections to restrict teens from accessing 'sensitive' content, like posts related to suicide, self-harm and eating disorders. Apple created 'Child Accounts,' which give parents more control over their children's' online activity. At Apple, spokesperson Peter Ajemian said it 'soon will release our new age assurance feature that empowers parents to share their child's age range with apps without disclosing sensitive information.' As the lobbying battle over age verification heats up, influential big tech groups are splintering and new ones emerging. Meta last year left Chamber of Progress, a liberal-leaning tech group that counts Apple and Google as members. Since then, the chamber, which is led by a former Google lobbyist and brands itself as the Democratic-aligned voice for the tech industry, has grown more aggressive in its advocacy against all age verification bills. 'I understand the temptation within a company to try to redirect policymakers towards the company's rivals, but ultimately most legislators don't want to intervene in a squabble between big tech giants,' said Chamber of Progress CEO Adam Kovacevich. Meta tried unsuccessfully to convince another major tech trade group, the Computer & Communications Industry Association, to stop working against bills Meta supports, two people familiar with the dynamics said. Meta, a CCIA member, acknowledged it doesn't always agree with the association. Meta is also still a member of NetChoice, which opposes all age verification laws no matter who's responsible. The group currently has 10 active lawsuits on the matter, including battling some of Meta's preferred laws. The disagreements have prompted some of the companies to form entirely new lobbying outfits. Meta in April teamed up with Spotify Technology SA and Match Group Inc. to launch a coalition aimed at taking on Apple and Google, including over the issue of age verification. Meta is also helping to fund the Digital Childhood Alliance, a coalition of conservative groups leading efforts to pass app-store age verification, according to three people familiar with the funding. Neither the Digital Childhood Alliance nor Meta responded directly to questions about whether Meta is funding the group. But Meta said it has collaborated with Digital Childhood Alliance. The group's executive director, Casey Stefanski, said it includes more than 100 organizations and child safety advocates who are pushing for more legislation that puts responsibility on the app stores. Stefanski said the Digital Childhood Alliance has met with Google 'several times' to share their concerns about the app store in recent months. The App Association, a group backed by Apple, has been running ads in Texas, Alabama, Louisiana and Ohio arguing that the app store age verification bills are backed by porn websites and companies. The adult entertainment industry's main lobby said it is not pushing for the bills; pornography is mostly banned from app stores. 'This one-size fits all approach is built to solve problems social media platforms have with their systems while making our members, small tech companies and app developers, collateral damage,' said App Association spokesperson Jack Fleming. In South Carolina and Ohio, there are competing proposals placing different levels of responsibility on the app stores and developers. That could end with more stringent legislation that makes neither side happy. 'When big tech acts as a monolith, that's when things die,' said Joel Thayer, a supporter of the app store age verification bills. 'But when they start breaking up that concentration of influence, all the sudden good things start happening because the reality is, these guys are just a hair's breath away from eating each other alive.' Birnbaum writes for Bloomberg.

Alphabet CFO reports spike in operating costs after $1.4B Texas settlement
Alphabet CFO reports spike in operating costs after $1.4B Texas settlement

Yahoo

time4 hours ago

  • Yahoo

Alphabet CFO reports spike in operating costs after $1.4B Texas settlement

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Alphabet's total operating expenses increased 20% to $26.1 billion during the second quarter, driven largely by legal costs, CFO Anat Ashkenazi said Wednesday. Texas Attorney General Ken Paxton announced in May that he secured a $1.4 billion settlement with Alphabet over data privacy allegations. 'The biggest driver of growth [in operating costs] was expense for legal and other matters, which reflected the impact of $1.4 billion charge related to a settlement in principle of certain legal matters,' Ashkenazi said during a Wednesday earnings call. Dive Insight: Government litigation in areas such as data privacy and antitrust has been a growing headache for big tech companies and their finance leaders in recent years. Paxton sued Alphabet's Google in 2022, accusing the tech giant of unlawfully tracking and collecting users' private data regarding geolocation, incognito searches and biometric data. In a May press release announcing the $1.4 billion settlement, Paxton's office said the amount marked the highest recovery nationwide against Google for any attorney general's enforcement of state privacy laws. Meanwhile, the U.S. Department of Justice is pushing for the breakup of Google as part of a major antitrust case. The litigation dates back to late 2020 when the first Trump administration and several states sued Google alleging that it had violated the Sherman Act by holding monopolies in the search and search advertising markets. Recommended Reading Hewlett-Packard Enterprise taps HP Inc. CFO for finance chief Sign in to access your portfolio

Index Ventures' Jahanvi Sardana shares the truth about TAM and what founders should focus on instead
Index Ventures' Jahanvi Sardana shares the truth about TAM and what founders should focus on instead

Yahoo

time4 hours ago

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Index Ventures' Jahanvi Sardana shares the truth about TAM and what founders should focus on instead

Early-stage founders just can't get away from TAM — the concept of having a total addressable market for their startup to disrupt and conquer. But Index Ventures partner Jahanvi Sardana has a reminder for all those founders worried about finding TAM for their product or service: Many startups have emerged from markets that, at the time, were essentially nonexistent. 'What was the market for search before Google?' Sardana asked the audience at TechCrunch's 2025 All Stage event in Boston, held earlier this month. 'What was the market for operating systems before Microsoft, or the market for cloud before Amazon?' Sardana compares TAM to surfing. Every few years, there are massive waves founders must ride — first came the internet, then the mobile wave, then the cloud, and now, she said, the biggest wave of all: artificial intelligence. 'Have you shaped the right product to ride this wave?' she continued. 'That's what we call product-market fit.' Which TAM bucket are you in? Sardana places TAM into three buckets: known market, emerging market, and invisible market. The first, known market, already exists, and it is when a founder seeks to replace a legacy incumbent and must prove to an investor why their startup idea is better. 'Everyone brushes their teeth,' she said. 'You have to tell me why you're building a better toothbrush.' The emerging market is when a certain sector of the market is using a product, and there is potential for it to go mainstream. 'Think about non-alcoholic beer before it became cool,' Sardana said. Then there is the invisible market, which Sardana calls 'the biggest trap,' and 'also a little bit of a dark art.' The market doesn't exist, and a founder has to essentially create one and provide investors with evidence of how innovative they can be. 'Think about smartphones in 2006; nobody knew they wanted them and they changed the world,' she said, later adding that 'people don't know what they're looking for and sometimes you have to show them what's possible.' The audience at All Stage, many of whom are early-stage founders, peppered Sardana with questions, largely about what investors want to see. For instance, do investors want to see a TAM slide in a pitch deck? 'It's OK to create that slide and talk about the math behind your TAM,' Sardana said, though she added that sometimes investors get annoyed when founders rely too much on industry metrics rather than having their own unique insight. Sardana also cautioned founders not to rely too much on industry reports. If a founder is too dependent on an external service to dictate how they think about the market, it can signal that they haven't thought deeply about the market they are trying to build in, she commented. 'How do you size the TAM in the marketplaces, especially big marketplaces?' one audience member asked. 'Well, that question hurts,' Sardana quipped. After all, Index once passed on Airbnb, having believed its TAM was too small. 'The reality is Airbnb created a whole new inventory, which is now bigger than some of the largest hotel brands, and that led to a big change in behavior on how people travel,' she said, adding that marketplace TAMs are tricky. 'You want to focus on, again, what is unlocking supply, and once you unlock the supply, how will behavior change?' The audience also asked Sardana what makes a company stand out to an investor like herself. A tough one, Sardana said, but a really important one. Ultimately, if a founder can understand who the customer is and why they are willing to purchase their product, then a company should have no problem standing up to investors, she added. 'We're in the business of evaluating founders more than markets or products or anything else,' she said. 'When you talk about your market, it's really a lens on your ambition.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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