Google Fitbit, Peloton announce fitness content partnership
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This is the key to Google's hardware success: Jefferies
August 14, 2024 4:00 PM EDTGoogle's hardware success hinges on the integration of its AI system, Gemini, into its devices, according to Jefferies analysts.
Following the recent "Made by Google '24" event, Jefferies highlighted that while Google's Pixel launches were anticipated, it was Gemini's infusion into the devices that truly stole the spotlight.
"Google revamped its Assistant around Gemini," the analysts noted, describing it as "the biggest leap forward since... More
Alphabet (GOOGL) stock slides as DOJ considers Google breakup push - Bloomberg
August 14, 2024 7:26 AM EDTAlphabet (NASDAQ: GOOGL) shares are down more than 1% premarket Wednesday after Bloomberg reported that the Justice Department is considering an option to potentially break up Google.
Bloomberg, citing people with knowledge of the deliberations, said it follows a landmark court ruling that found the company monopolized the online search market.
If it went ahead, it would be Washington's first move to dismantle a company for illegal monopolization since efforts to break up Microsoft two decades ago were... More
Peloton stock surges on partnership with Google Fitbit
August 14, 2024 6:49 AM EDTGoogle's (NASDAQ: GOOGL) Fitbit has entered into a partnership with Peloton Interactive (NASDAQ: PTON), allowing its premium users access to Peloton's fitness content starting in early September, according to an announcement by the companies on Tuesday.
Peloton shares jumped nearly 9% in premarket trading Wednesday.
Under the terms of the agreement, Fitbit premium members in the... More
