Distinct from the Google Pay app, which is primarily used for managing money and financial transactions, Google Wallet caters to non-payment related storage needs
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The tech giant laid off the employees from its ‘Core’ unit, which includes its engineering talent and key teams and is planning to hire for corresponding roles in India and Mexico
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The US Department of Justice, along with attorneys general from 38 states, has accused the tech giant of wielding its dominant position in the search engine and advertising markets to stifle competition and maintain an unlawful monopoly
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Despite the disturbances experienced by Google Search, the rest of Google's services, including Gmail, YouTube, Google Maps and Google Talk, seemed to be operating without any issues
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The arrangement is now at the centre of allegations that Google has illegally monopolised the market for online search and related advertising
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It is a significant increase from the 1.43 million apps rejected in 2022
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The employees allege their dismissals were in retaliation for protesting Google’s involvement in Project Nimbus, a USD 1.2 billion cloud services contract with the Israeli government,
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The restructuring is not a company-wide initiative but is described as normal reorganisations that periodically occur within businesses
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Google's strategy marks another step in the ongoing expansion efforts of major tech companies aiming to enhance their cloud computing capabilities, a surge that has been driven by the rise of artificial intelligence
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During the Q1 earnings call, Alphabet reported a robust financial performance, surpassing analyst expectations with a total revenue of USD 80.54 billion against forecasts of USD 78.59 billion
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