Alphabet Inc. - GOOGL STOCK NEWS

Fastly, Inc. (NYSE: FSLY) has partnered with Google LLC (NASDAQ: GOOGL) to operate an Oblivious HTTP Relay (OHTTP Relay) as part of the Privacy Sandbox initiative, aimed at enhancing user privacy while supporting targeted advertising. This move comes as Google plans to phase out third-party cookies in 2024, making privacy a priority for online services. The OHTTP Relay provides an effective way to separate user data while maintaining advertising capabilities. Fastly's technology aims to protect users' personally identifiable information while enabling high-quality, personalized experiences, affirming its commitment to online privacy.

On January 13, 2023, Google Cloud unveiled new AI technologies aimed at enhancing retail operations ahead of NRF 2023. Key offerings include a shelf checking AI solution powered by Vertex AI Vision, which helps retailers maintain product availability using machine learning to detect and classify products. Additionally, the Discovery AI solutions now feature enhanced browsing capabilities and personalization to boost online shopping experiences. Google also introduced upgrades to its Recommendations AI that optimize product suggestions based on user behavior. These innovations aim to tackle the challenges faced by retailers, with the shelf checking AI already in global preview.

Google Public Sector has partnered with the South Florida Water Management District to improve water quality management through advanced visualization and trend analysis. This collaboration will utilize Google's Climate Insights and Earth Engine technologies to assist in addressing challenges such as harmful algal blooms and ensure a sustainable drinking water supply for over nine million residents. The partnership supports Google's water stewardship strategy and aims to enhance data-driven decision-making for water resource management in South Florida while contributing to the preservation of the Everglades.

Exabeam has introduced its new cloud-native product portfolio, New-Scale SIEM, designed to enhance security operations by utilizing advanced threat detection, investigation, and response (TDIR). This innovative platform integrates behavioral analytics with a cloud-native data lake, enabling organizations to manage security logs at hyperscale. Key features include the ability to search across petabytes of data in seconds and support for over one million events per second. The product portfolio aims to address the evolving cybersecurity landscape, particularly the risks associated with compromised credentials.

ROKIT Healthcare announced a hyper-personalized medical platform combining AI and 3D bioprinting on Google Cloud, aiming to improve treatment rates for chronic diseases like osteoarthritis and diabetic foot ulcers. The platform utilizes computer vision and deep learning to deliver customized patches for treatment. ROKIT has moved its infrastructure to Google Cloud, allowing scalability and operational efficiency. With KRW 2.5 trillion contracts across 20 countries, the company is poised for global expansion in telemedicine.

BlackBerry Limited announced the launch of Chrome Enterprise Management integrated with BlackBerry UEM on May 27, 2022. This solution enables enterprises to manage both company-issued and BYO Chrome devices, enhancing productivity and security. The integration expands BlackBerry's Serviceable Available Market (SAM) amidst rising demand for Chrome devices in businesses. BlackBerry UEM, now part of Google's Chrome Enterprise Recommended program, offers IT managers extensive policy controls such as remote wipe and password enforcement. Customer trials are ongoing, with global availability expected in July 2022.

The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine recently recognized Alphabet Inc. (GOOGL) as its "Stock to Study" and H&R Block Inc. (HRB) as its "Undervalued Stock" for May 2022. The announcement emphasizes the importance of regular investing regardless of market conditions, as highlighted by NAIC's CEO Ken Zendel. BetterInvesting aims to empower investors through education and tools. The selections are intended for informational use only and do not constitute investment recommendations.

Opera (NASDAQ:OPRA) has renewed its commercial agreement with Google (NASDAQ:GOOGL) for the distribution of Google Search in Opera browsers, maintaining a partnership that dates back to 2001. The new agreement is set on substantially similar terms to previous contracts and underscores Opera's strategy to enhance user experience through collaboration with a major search engine. This continuation reflects Opera's commitment to leveraging its extensive user base of hundreds of millions and its diversified product offerings, including browsers, news, and gaming apps.