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The Latest Breaking News from Ruth Porat

Stocks Lower, Fed In Focus, Microsoft Slumps, Google Surges, Meta

Stock futures slip lower as Fed rate decision looms; Fed rate path in focus as July hike locked-in; Microsoft slumps as AI investment cost offsets solid Q4 earnings; Google surges as cloud, ai plans impress, CFO Porat gets new role and Meta earnings on deck as big tech updates dominate…

Alphabet's longest-serving CFO Ruth Porat promoted; stock surges over 6% on earnings beat

Alphabet's longest-serving CFO Ruth Porat promoted; stock surges over 6% on earnings beat

Porat will remain CFO while the company searches for and selects her successor.

Google Surges On Q2 Earnings Beat, New Role For CFO Ruth Porat

Google Surges On Q2 Earnings Beat, New Role For CFO Ruth Porat

'In her new role, Ruth will strengthen our collaboration with policy makers and shape our corporate investments to have maximum economic impact,' said CEO Sundar Pichai.

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Alphabet CEO Gets Astronomical $226 Million Pay

Sundar Pichai's compensation topped $225 million in 2022, compared to $6.3 million the previous year, said the parent company of Google, which cut thousands of jobs in January.

Alphabet Showers CEO with Hundreds of Millions of Dollars

Sundar Pichai's compensation topped $225 million in 2022, compared to $6.3 million the previous year, said the parent company of Google, which cut thousands of jobs in January.

Alphabet Cuts Thousands of Jobs. But Floods CEO with Hundreds of Millions

Sundar Pichai's compensation topped $225 million in 2022, compared to $6.3 million the previous year.

Google is slashing its employee benefits - even laptops and staplers

Instead of layoffs, Google is trying to save money elsewhere, but at the risk of worker satisfaction.

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Google Is Cutting Down on Some Bizarre Things to Save Costs (See The List)

Google Is Cutting Down on Some Bizarre Things to Save Costs (See The List)

An internal email says that Google will be looking to "identify other areas of spending that aren’t as effective as they should be."

Google’s belt-tightening is thinning out the company’s lavish perks

Google’s belt-tightening is thinning out the company’s lavish perks

Google is tapping its hybrid work structure to cut expenses on employee services as it gears up for a larger efficiency push.

A Q&A with Laela Sturdy, the brand new head of CapitalG

CapitalG’s Laela Sturdy has led some of the fund's most prominent investments including Stripe, Duolingo, and UiPath.

Tech giants are pivoting to a 'Year of Efficiency'

Tech giants are pivoting to a 'Year of Efficiency'

The year ahead will be all about refocusing on priorities for tech giants.

Google Plans 12,000 Job Cuts As Big Tech Extends Headcount Cull; Stock Surges

Google Plans 12,000 Job Cuts As Big Tech Extends Headcount Cull; Stock Surges

“These are important moments to sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities," said CEO Sundar Pichai

Google Stock Skids As Digital Ad Sales Retreat Clips Q3 Earnings, 2022 Outlook

Google Stock Skids As Digital Ad Sales Retreat Clips Q3 Earnings, 2022 Outlook

"There's no question we're operating in an uncertain environment, and that businesses big and small continue to get tested in new and different ways," said Google's chief business officer Philipp Schindler.

Alphabet CEO Pichai Continues to Sound Alarm About the Economy

Alphabet CEO Pichai Continues to Sound Alarm About the Economy

The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.

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Alphabet CEO Pichai Sends New Warnings About the Economy

Alphabet, parent of search and cloud giant Google, aims to adapt quickly to the current macroeconomic upheaval.

Google Stock Surges As Q2 Ad Revenues Defy Gloom, Dollar Headwinds

A cautious ad sales outlook, alongside modestly firmer second quarter revenues, has Google stock leading pre-market gainers Wednesday.

Google Stock Slumps As Weaker YouTube Ad Sales Mar Q1 Earnings: $70 Billion Buyback Addition Softens Blow

"We're going to face a tough comp" for search revenues in the second quarter, CFO Ruth Porat told investors last Tuesday.

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Inspirational Quotes: Diana Ross, Ruth Porat And Others

Read inspirational quotes about gathering data to make good decisions, taking risks and visualizing your success.

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Alphabet Fourth-Quarter Earnings Live Blog

TheStreet's Luc Olinga covers Alphabet's fourth-quarter earnings report and conference call with management.

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