Google Inc agreed to settle the complaint filed by the Federal Trade Commission (FTC) on allegations that the company unfairly allowed children to make in-app purchases using mobile apps downloaded from Google Play store and incurred millions of dollars in charges. Google agreed to refund consumers whose children made unauthorized in-app purchases. The minimum total amount of the refund required by the FTC is $19 … Continue reading Stocks Making Headlines: Google (NASDAQ GOOG) Settles FTC Complaints

Google Inc (NASDAQ GOOG) is expanding its technological footprint beyond search, robotics, automated cars and drones by developing a super-fast quantum computer chip used in artificial intelligence. Move could expand the company’s dominance in the world of computing, touching a variety of business lines and creating a business category of its own. The Mountain View-based firm announced it was adding University of California, Santa Barbara … Continue reading Google GOOG Stock News: Artificial Super Computer Now on Google’s Radar

AbbVie Inc (NYSE ABBV), the speciality pharma firm spun off from Abbott Laboratories (NYSE ABT) almost a year ago, and Google Inc (NASDAQ GOOG) new Calico division will spend up to $1.5 billion to research cures to age-related diseases such as cancer and neurodegenerative disorders. Google’s Calico and AbbVie forms a $1,5 billion aging-related disease partnership. The September 3rd statement announcing the new partnership noted … Continue reading Stock in Focus: Google (NASDAQ GOOG) Ties Up With Abbvie To Prevent Aging

Google Inc (NASDAQ GOOG) announced its decision to change the name of its enterprise unit to Google for Work effective immediately. The search engine giant is also rebranding its services. For example, Google’s e-mail and cloud storage will be called Gmail for Work and Drive for Work, respectively. Google Chairman Eric Schmidt emphasized that the company never set out to create a traditional enterprise business … Continue reading Stock in Focus: Google (NASDAQ GOOG) Launches “Google For Work” Unit