Due largely to robust online holiday shopping, Google’s parent company Alphabet reached a record-breaking $56.9 billion in revenue for Q4, up from $43.2 billion in the same quarter last year. The numbers represent an ongoing recovery in ad spending, which was hard hit in early 2020. FactSet reports that analysts predicted the company would post $52.7 billion in revenue, including $42.3 billion from advertising. Chief financial officer Ruth Porat said Google Search and YouTube led the positive performance numbers. Continue reading Google Breaks Revenue Records, Boosts Cloud Investments

At its annual AWS re:Invent conference, Amazon previewed some new products for its cloud platform, Amazon Web Services, most of which related to the Internet of Things, a market expected to be valued at $212 billion by the end of 2019. It’s a natural fit, since, according to a 2018 survey by the Eclipse Foundation, AWS is the most popular cloud platform for IoT developers, growing from 21 percent in 2017 to 51.8 percent today. In comparison, Microsoft Azure’s share is 31.21 percent today, up from 17 percent in 2017. Continue reading AWS Previews Alexa Voice Integration For More IoT Devices

Verizon is teaming with ThirdEye Gen to offer its first official mixed reality smart glasses for 5G. ThirdEye has been awarded two patents for OLED displays and low-latency data streaming. The partnership is ThirdEye’s first with a wireless provider, said company founder Nick Cherukuri, who noted that the “advanced 5G use cases … will bring about a new era of hands-free human interaction.” One example would be an auto mechanic who could scan a “complex motor” and send the image to a remote expert for real-time help. Continue reading Verizon, ThirdEye Gen Partner on 5G Mixed Reality Glasses