Perplexity Makes Huge $34.5B Offer to Buy Google's (GOOGL) Chrome Browser
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Perplexity is best known for its AI-powered search engine, which gives users quick, straightforward answers along with links to the original sources. Just last month, the company introduced its own AI-based web browser called Comet. By making a bid for Chrome, Perplexity appears to be aiming to dramatically grow its reach in the browser market and combine its AI features with one of the most popular browsers in the world.
The timing of the offer comes as Google faces increasing regulatory pressure. After losing an antitrust case last year, the U.S. Department of Justice recommended that Google sell Chrome, with the court ruling that the company had held an illegal monopoly in internet search. If regulators push for Chrome's separation from Google, Perplexity's bid could position it as a serious contender to take over the widely used browser.
Is Google Stock a Good Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 27 Buys and nine Holds assigned in the past three months. Furthermore, the average GOOGL price target of $216.78 per share implies 6.2% upside potential.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Tom's Guide
18 minutes ago
- Tom's Guide
Google Pixel 10 Pro Fold gets an official teaser — and it's all about the joy of opening things
It's not long now until the next Made by Google event, which should see the unveiling of the Pixel 10 lineup — one that includes the Pixel 10 Pro Fold. We already know a lot about the phone, thanks to the usual wave of leaks, and now Google has started officially teasing the new foldable. The teaser is in a similar vein to last week's Pixel 10 teaser, which poked fun at Apple for its continual issues with upgrading Siri and Apple Intelligence. Only this time it's emphasizing the joy of "opening" your phone. Not just that first unboxing, but also every time you get to physically open and unfold the screen. We then get a glimpse of the back of the phone. It won't be surprising to anyone who's seen the leaks to find out that the Pixel 10 Pro Fold looks shockingly like the Pixel 9 Pro Fold. Based on what we can see, both these phones are identical from this angle, which doesn't suggest there will be major design upgrades on the rest of the phone. We do get to see another device in Google's new "Moonstone" color, which has leaked multiple times in recent weeks. So if you want your phone in a slightly different shade of gray, this might be the option for you. This teaser isn't openly taking shots at other phones. Unless Google's taking aim at all the phones that don't offer a folding screen, including its own, which seems pretty unlikely. So this is more of a "please buy our super-expensive folding phone." Leaked specs reiterate the fact that the Pixel 10 Pro Fold isn't going to seem all that different from the Pixel 9 Pro Fold — at least not physically. According to the leaks, we're expecting to see a phone with an 8-inch foldable OLED screen and a slightly larger 6.4-inch cover display, both of which should offer a 120Hz refresh rate. That extra tenth of an inch will likely come from slimmer bezels, rather than any major redesign. Inside, we're expecting to see the new Tensor G5 chipset, the same 16GB of RAM, a larger 5,015 mAh battery and a choice of 256GB, 512GB or 1TB of storage. The camera is expected to come with the same 48MP main lens as before, joined by a 10.8MP ultrawide, 10.5 MP telephoto (5x optical zoom) and a pair of 10MP selfie cameras. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. While not physically visible, rumors also suggest that the 10 Pro Fold will be IP68 rated, the first foldable to ever have the maximum dust resistance score of six. It's also claimed that we'll see Qi2 wireless charging, which should boost the wireless charging speed to 15W and offer a magnetic connection — which Google is reportedly calling PixelSnap. Price-wise, we've heard that we may see a $1,600 starting price, which is $100 less than the previous two Pixel foldables. But I wouldn't get my hopes up for that, especially with tariffs always looming. We'll find out for sure on August 20, and until then, you can keep track of all the latest news and rumors in our Pixel 10 Pro Fold hub. Follow Tom's Guide on Google News to get our up-to-date news, how-tos, and reviews in your feeds. Make sure to click the Follow button.
Android Authority
18 minutes ago
- Android Authority
Gemini on Android may soon support the full range of Canvas creation options (APK teardown)
Edgar Cervantes / Android Authority TL;DR Earlier this year, Google Gemini introduced Canvas for working with documents. Canvas on the web allows you to create things like apps, Audio Overviews, and infographics straight from your docs. Now it looks like Google's working to bring the same option to the Gemini mobile app. On-device AI models like Gemini Nano are very impressive for what they're able to do within some serious hardware constraints, but when it comes to AI solutions capable of some real heavy lifting, we still turn to cloud-hosted services the majority of the time. And while that's totally workable, it does leave us feeling just a wee bit frustrated when we don't have the same features available to us across platforms. Gemini's slowly been getting better in this regard, bringing more and more web features to its mobile app, and we've just spotted another that's getting ready to make the transition. Google's been showing what us what Gemini can do across all sorts of media, and earlier this year, its ability to work with all things text got a major shot in the arm through the introduction of Canvas. Gemini Canvas makes it easier to work with lengthy documents, generating and editing away, and handling everything from a résumé to some web code. With all that text, it's easy to understand why Canvas may lean a little more towards its browser interface on a PC, but we've already seen developer efforts increasingly target fleshing out the Android side of things. Don't want to miss the best from Android Authority? Set us as a preferred source in Google Search to support us and make sure you never miss our latest exclusive reports, expert analysis, and much more. Looking through version beta of the Google app for Android, we've identified an in-progress change that would bring another Gemini Canvas web feature to the app. Right now with Gemini on the web, you can use Canvas to create things based on the document you're working with. Those include web pages, quizzes, and infographics. In a pinch, you can also do this from the Chrome browser on your phone (leftmost screenshot above), but so far the Gemini app has lacked a native equivalent. With this new release, we're able to preview a not yet publicly accessible change that implements those output options within the Gemini app's UI. We see the same selection of options, just finally now in a place we can access on mobile without jumping through unnecessary hoops. It's anyone's guess when Google might actually push these options live, but doing so seems reasonably straightforward. We'll keep an eye out for any further tweaks to the interface ahead of the feature arriving. ⚠️ An APK teardown helps predict features that may arrive on a service in the future based on work-in-progress code. However, it is possible that such predicted features may not make it to a public release. Follow
Business Insider
19 minutes ago
- Business Insider
These 5 tech execs successfully made career pivots
Five tech executives share how they made career pivots and the advice they would give to others. Axiom's CEO advised leveraging transferrable skills while others recommended leaning into discomfort. Some executives also advised collecting information before making a change. Making a career pivot can be intimidating since it usually requires stepping into unfamiliar territory. Despite the challenge, career transitions are top of mind for many Americans. A Glassdoor community survey from earlier this year found that 50% of professionals were planning to pivot in 2025, and 32% were considering it. We spoke to five executives at tech companies, including Google and Salesforce. All of them made at least one pivot on the way to becoming a tech leader, and some have made multiple career changes over the years. Here's how they transformed their careers, and the advice they would give to others: Axiom CEO Tejpaul Bhatia Before leading a private space company, Axiom CEO Tejpaul Bhatia had a "whole other chapter" to his life. Bhatia started his career in product and international strategy at ESPN, then worked as a startup founder for 10 years, and eventually went on to lead Google's external strategic narrative on remote work for the office of the CIO. Bhatia said that he wrongly assumed the space industry was for rocket scientists or billionaires. He was neither of those things, but he had transferrable skills. He said that if you want to pursue a career in space from another industry, "don't assume there isn't a role for you. That's exactly what I did in my head." Bhatia said the biggest transferable skill he brought from Big Tech to space was entrepreneurship. He said you don't necessarily have to launch your own startup. It's more about having the ability to navigate uncertainty and solve problems independently. Google Cloud exec Yasmeen Ahmad Google Cloud's Yasmeen Ahmad started her career in genomics and life sciences. She said the biggest challenge she experienced in her career was accepting the unknown. "As humans, I think we struggle sometimes with the unknown," the product and GTM executive at Google Cloud said, adding that she wondered where she would work after getting a Ph.D in life sciences. She said she always felt slightly out of place wherever she was because she didn't follow a traditional path into Big Tech. Looking back, though, she said she learned to enjoy the journey and being the "odd person in a new space." "It's helped me maybe have a bigger or a broader perspective on thinking through a strategic lens, thinking through the product lens, thinking through the customer lens," Ahmad said. By starting in academia and taking on roles in sales and finance prior to coming to Google, she said she was able to get a unique perspective. Ahmad said she now encourages those in the technology space to explore across industries by using those skills to unlock value. Google VP Mira Lane Google vice president of Tech and Society Mira Lane started her career as a software developer and went on to create an AI prototyping lab that explores the impact of tech innovation on society. Now she runs a team of professionals with backgrounds in filmmaking, product design, visual arts, philosophy, and science. "For people that are wanting to pivot, I would pivot with information," the vice president of Tech and Society and founder of Google's Envisioning Studio told Business Insider. That includes talking to other people in the industry, watching YouTube videos, and trying out internships, Lane said. Cisco EVP Liz Centoni Liz Centoni thought she would be at Cisco for three years max when she joined in 2000. Now she's tried about a dozen roles at the company. Centoni told Business Insider that she recommends job seekers lean into their network to find out more about what others do and broaden their view on the job market. "Take advantage of the network that you have around," Centoni said. "People who can connect you with different things, open up opportunities, mentors, sponsors." Centoni also suggests being open-minded with the search. She said the ability to be flexible and curious gave her more opportunities in her career and eventually allowed her to explore executive leadership. The Cisco executive also warns job seekers to brace for discomfort when trying out new roles. As someone who has juggled with a desire to learn new things and be confident in her work, she admitted that even after several months in a new position, she questioned her decision and felt more like an intern than an experienced professional. While uncomfortable at first, Centoni said those roles allowed her to keep learning, and her biggest career regret was not pivoting sooner. Salesforce EVP Patrick Stokes Patrick Stokes has been with Salesforce for over a decade — but he's had a number of roles during that time. The executive vice president of product and industries marketing told Business Insider he feels uncomfortable when he's not learning. When deciding on a career change, though, Stokes said he finds that often people "think too narrowly" about switching roles. For example, they may only want to change roles if they feel like they're moving up on the organization chart. "It's really hard to find that sometimes," Stokes said. Stokes said he likes to play chess, and there's a concept in the game called a "gambit," where you make what appears to be a bad move, but it's actually designed to get a reaction from an opponent. Stokes said that's how he likes to think about his career changes — seemingly risky in the moment, but strategic long term. "When I first went into marketing, a lot of my peers in product were like, 'Why are you going to marketing?' And I'm like, 'Just wait. It'll be fine. I'm gonna be great,'" Stokes said.
