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Last $524.05 USD
Change Today -9.75 / -1.83%
Volume 2.1M
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

google inc-cl c (GOOG) Key Developments

SafeGov.org Statement on European Commission Action against Google, Inc

In response to the European Commission's actions against Google finding that the company has abused its dominant share of Europe's online search market and launching a formal investigation into Google's Android platform, SafeGov.org calls the following three conclusions to the attention of public and private sector users: The Commission's action to serve Google with a Statement of Objections is an important step toward restoring European online competition. Europe will not and cannot close its vast market for online services to American innovation. But Europe has the right to insist that all participants in the market obey its basic competition laws, which do not fundamentally differ from those of the United States. The Commission's case has clear implications for business and education users. The targeted advertising that is at the heart of Google's economic model depends upon Google's ability to observe and analyze the online behavior of its users. This model is not illegitimate, so long as consumers understand that they are being profiled and have given their unambiguous consent. But as SafeGov.org has argued on many occasions, it is not an appropriate model for highly regulated verticals – especially those where the privacy of individual users is of heightened importance, such as schools, law enforcement and other government agencies, and health care providers. There should be no room for lack of clarity in public and private sector contracts. All organizations that procure cloud services should insist that their contracts explicitly forbid any exploitation of user data for profiling, ad targeting, market research or other purposes that they have not expressly authorized. Requiring cloud providers to comply with recognized international data privacy standards such as ISO 27018 is a recommended best practice. In the months ahead, as the European Commission pursues its prosecution of Google's conduct in the online consumer search and Android markets, SafeGov.org will continue to highlight the broader issues raised for public and private sector organizations using cloud services.

Avere Systems Teams with Google to Deliver Data Processing and Storage in the Cloud

Avere Systems announced a strategic collaboration with Google to enable customers to move compute intensive workloads and large data sets to Google Cloud Platform in order to reap the benefits of its highly-scalable and reliable infrastructure. Avere allows easy movement of data between NAS storage systems and Google Cloud Platform, delivering low latency and high-performance for big data processing and storage in the cloud.

6D Global Technologies Announces Partnership with Google

6D Global Technologies, Inc. announced its partnership with Google as a Google Analytics Premium Reseller and Certified Partner. Google Analytics Premium is designed to meet the needs of large clients with high-volume data needs. With dedicated support, increased monthly limits, greater processing power, fresher data, and the ability to add more custom variables, Google Analytics Premium offers a powerful analytics solution for enterprise clients. As a Google Analytics Premium Authorized Reseller, 6D Global will provide 24/7 support and account management, implementation, training, and analysis services to Premium customers.

Google Plans to Make Android Wear Smartwatches Compatible with the Iphone

Google announced that it is quickly moving ahead with its plans to make Android Wear smartwatches compatible with the iPhone. Google is close to finishing the final technical details on the project. iPhone notification on the LG Watch R.With a companion app, Android Wear can work with iPhones to provide basic functionality like notifications - as customer can see in the image of an LG Watch R displaying a missed Face Time call notification from an iPhone. Currently, it also supports other functionality like Google Now information, voice search, and other voice actions. It will probably also be able to function with other Google iOS apps, for example replying to Gmail messages.

Twitter Stock Rises On Speculation Of Acquisition By Google

Twitter, Inc. (NYSE:TWTR) rose as much as 4.8% on speculation of an acquisition by Google Inc. (NasdaqGS:GOOGL). According to rumors, Twitter has hired advisors to fend off a takeover offer. Two companies are believed to have approached Twitter, according to Briefing.com, with Google identified as one of those firms. Sources states that reportedly The Goldman Sachs Group, Inc. has been appointed as advisor to Twitter. Neither Twitter nor Google returned requests for comment.

 

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Price/Sales 5.6x
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TEV/Sales 1.7x
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