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Alphabet:Quarterly Results/2022 Q4: Difference between revisions
Alphabet:Quarterly Results/2022 Q4 (view source)
Revision as of 22:38, 26 January 2023
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=== Competition === | === Competition === | ||
The biggest concern from competition this quarter is coming from ChatGPT launch, especially with Microsoft's investment on the AI. According to a report by The New York Times, Google's management has issued a "code red" following the launch of ChatGPT. For now we believe the threat level is contained.<ref>https://www.investing.com/news/stock-market-news/alphabets-google-issues-code-red-following-chatgpt-launch-432SI-2969837</ref> Since then they have been some developments: | The biggest concern from competition this quarter is coming from ChatGPT launch, especially with Microsoft's investment on the AI. According to a report by The New York Times, Google's management has issued a "code red" following the launch of ChatGPT. For now we believe the threat level is contained.<ref>https://www.investing.com/news/stock-market-news/alphabets-google-issues-code-red-following-chatgpt-launch-432SI-2969837</ref> Since then they have been some developments: | ||
* Microsoft and OpenAI extend partnership, focused on enhanced Azure cloud functionalities. <ref>https://blogs.microsoft.com/blog/2023/01/23/microsoftandopenaiextendpartnership/</ref> | |||
* Microsoft is reportedly building a version of Bing that uses the tech behind ChatGPT, Microsoft could launch the version of Bing as soon as March. <ref>https://seekingalpha.com/news/3921876-microsoft-reportedly-building-version-of-bing-that-uses-chatgpt</ref> | |||
=== Youtube developments === | |||
* YouTube is slated to bring shopping features to its YouTube Shorts video service as the video-sharing site looks for new revenues amid a slowdown in ad revenue. <ref>https://seekingalpha.com/news/3907750-youtube-brings-shopping-features-to-youtube-shorts-in-search-for-new-revenues-report</ref> | |||
* YouTube is reportedly working on a centralized place for free, ad-supported streaming channels as it looks to build up video offerings. Could launch the feature as soon as this year, and it could take a portion of ad revenue from the hub receiving 45% and letting the programmers keep 55%. <ref>https://seekingalpha.com/news/3924577-youtube-working-on-centralized-place-for-fast-streaming-channels</ref> | |||
* YouTube winning the rights to the NFL Sunday Ticket subscription could help "accelerate" subscriber growth for YouTube TV, YouTube TV has roughly 5M subscribers - including trial users - but adding the NFL package could boost that figure.<ref>https://seekingalpha.com/news/3920290-youtube-getting-nfl-sunday-ticket-could-accelerate-subscriber-growth-citi-says</ref> | |||
* Google is gearing up to equip YouTube with a search engine capability, Google is testing the new feature in the Unites States and India.<ref>https://finance.yahoo.com/news/alphabet-googl-strengthen-youtube-search-155403230.html</ref> | |||
=== Lawsuits === | |||
* The Justice Dept. and a group of eight states has sued Google , accusing the search giant of antitrust violations in its advertising technology business. The plaintiffs are citing violations of the Sherman Act and calling for a breakup of the ad-tech business. Its the second lawsuit from the DOJ, and its not expected to have any resolution in years. The first lawsuit from 2020 is still only headed to trial. <ref>https://seekingalpha.com/news/3927296-justice-dept-files-second-antitrust-suit-against-google</ref> | |||
* Alphabet Inc.’s unit Google is required to pay $391.5 million as part of a settlement with attorney generals of 40 states, who accused the tech giant of invading the privacy of its users through improper location tracking practices. This fine will have very limited impact in Alphabet results. <ref>https://www.tipranks.com/news/alphabets-nasdaqgoogl-google-settles-location-tracking-allegations-with-40-states</ref> | |||
=== Other developments === | |||
* Morgan Stanley says Google still the first place consumer are starting product searches. More Americans visit Google (including YouTube) first when researching products online than Amazon (AMZN) and Walmart (WMT) combined (58% vs. 27%). And Some 35% of Americans visit Google first when they are trying to compare prices for already researched products. <ref>https://seekingalpha.com/news/3911208-online-shoppers-still-making-google-their-launch-pad-morgan-stanley</ref> | |||
* Google has introduced a Blockchain Node Engine ("BNE") based on Google Cloud for ethereum projects, in a move that boosts the tech giant's activity in the web3 space. <ref>https://seekingalpha.com/news/3896727-google-unveils-cloud-based-blockchain-node-service-for-ethereum-projects</ref> | |||
* Google has acquired AI avatar startup Alter for about $100M. <ref>https://seekingalpha.com/news/3896696-google-acquires-ai-avatar-startup-alter-for-100m</ref> | |||
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