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Google posts $307 bn revenue in 2023, spent billions of dollars to lay people off

Google, which spent $2.1 billion on severance and other expenses as it laid off more than 12,000 em…

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Read the memo Google CFO Ruth Porat sent to staff about new cost-cutting, including paring back worker perks

CFO Ruth Porat told staff that Google would cut some of its famous employee perks as it continues t…

Hugh Langley,Samantha Delouya   


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Google boosted base pay for 4 top execs to $1 million and handed them up to $34 million in stock, weeks after refusing to raise wages to meet inflation

All four will also "participate in a maximum $2,000,000 annual bonus program," according to SEC fil…

Martin Coulter   


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Google Search and YouTube reports surge in sales revenue for June due to rising tide of online activity

Riding on Search and YouTube advertising growth amid the pandemic, Google has posted a record $61.8…

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Google CFO Ruth Porat's 8 success secrets

Previously, Porat spent 28 years at Morgan Stanley, helping guide the company through the 2008 fina…

James Kosur   


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The incredible rise of Ruth Porat, CFO at one of the most valuable companies in the world

Now, she's earned the same distinction in the tech world as she's guided Google through blowing up …

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Google's Ruth Porat is following through on her transparency promise

Those regulations mean the meetings are focused on reminding analysts about certain financial state…

James Kosur   


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7 examples of Google CFO Ruth Porat's incredible work ethic

Before she joined Google in May 2015, Porat was the CFO of Morgan Stanley. She is known for leading…

James Kosur   


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Google's Ruth Porat shares 4 insights for dealing with a financial crisis

"Events move far too quickly during a crisis and what you're dealing with is typically, as we calle…

James Kosur   


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Here are the four things Google CFO Ruth Porat wants investors to keep in mind

Besides the stock rocketship, this was a particularly significant earnings report because it's the …

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Google CFO Ruth Porat just spent $30 million on a 3-bedroom house in Palo Alto

The Palo Alto Daily Post reported that the $30 million purchase is the biggest ever made in Palo Al…

Madeline Stone   


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Google CFO Ruth Porat says you shouldn't hire women just because it's 'the right thing to do'

Furthermore, research shows having more women in leadership roles is linked with better financial p…

James Kosur   


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Google's been on an efficiency drive. Its new CFO said it can 'push a little further.'

Google has spent the past couple of years getting its business into shape through layoffs and reorg…

Hugh Langley   


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Four Google execs got 200% stock payouts for 2023 after strong company performance

Google's stock outperformance raises compensation for two executives by $23 million and by $35 mill…

Shubhangi Goel   


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Hugh Langley   


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Google's new CFO Anat Ashkenazi raked in a nearly $10 million signing bonus

Alphabet announced Wednesday that Anat Ashkenazi, who worked at Eli Lilly since 2001, will be the c…

Katherine Tangalakis-Lippert   


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Googlers reportedly grilled execs over low morale after staff missed out on pay rises while earnings surged

One employee claimed they had noticed "a significant decline in morale," CNBC reported.

Beatrice Nolan   


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Microsoft and Alphabet prove the AI boom has more room to run

Microsoft and Google's parent company both beat Wall Street's Q1 expectations. Their CEOs say that'…

Lloyd Lee   


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Amazon, Microsoft, and Alphabet are doubling down on AI for the cloud and it seems to be paying off

Amazon, Microsoft, and Alphabet have buckled down on their AI strategies, and it's paying off for t…

Aaron Mok   


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Silicon Valley's biggest ever 'dogfooding' experiment has begun. The implications are huge.

Silicon Valley's dogfooding tests with AI tools and large language models could revolutionize how B…

Alistair Barr