Inc. is an American multinational technology conglomerate
holding company headquartered in Mountain View, California.
It was created through a restructuring of Google on
October 2, 2015,] and became the parent company of
Google and several former Google subsidiaries. Alphabet
is the world's third-largest technology company by
revenue and one of the world's most valuable companies.]
It is one of the Big Five American information technology
companies, alongside Amazon, Apple, Meta and Microsoft.
establishment of Alphabet Inc. was prompted by a desire
to make the core Google business "cleaner and
more accountable" while allowing greater autonomy
to group companies that operate in businesses other
than Internet services. Founders Larry Page and Sergey
Brin announced their resignation from their executive
posts in December 2019, with the CEO role to be filled
by Sundar Pichai, also the CEO of Google. Page and
Brin remain employees, board members, and controlling
shareholders of Alphabet Inc.
Authority, Agent, Algorithm, Awake, Ads and Alphabet
B. Balls, Balance and Blogs
C. Creative and Content
D. Digital and Disrupt
E. Expert, Entertainment and Exposure
G. Go, Grappling, Genuine, Gems, Gold and Gonzo
H. Hits and Hashtags
I. Instinct and Instagram
J. Jewels and Journalism
K. Karate and Keywords
L. Lift and LinkedIn
M. Money, Moneytize and MMA
N. Numbers and News
O. Open and Online News
P. Passion, Promotions, Platforms and Pop Culture
R. Revenue and Results
S. Suplex, Space X and Social Media
T. Trust, Twitter, Tesla and Trends
U. Universe, Unique and UFC
W. Wrestling, Words, Webcode and World
X. X-Journo and X.
Y. YouTube and YouTube Shorts
#alphabet #agency #words #twitter #media #mediaman
finance, FAANG is an acronym that refers
to the stocks of five prominent American technology
companies: Meta (META) (formerly known as Facebook),
Amazon (AMZN), Apple (AAPL), Netflix (NFLX); and Alphabet
(GOOG) (formerly known as Google).
term was popularized by Jim Cramer, the television
host of CNBC's Mad Money, in 2013, who praised these
companies for being totally dominant in their
markets." Originally, the term "FANG"
was used, with Applethe second A
in the acronymadded in 2017.
is an acronym referring to the stocks of the five
most popular and best-performing American technology
are: Meta (formerly known as Facebook); Amazon; Apple;
Netflix; and Alphabet (formerly known as Google).
addition to being widely known among consumers, the
five FAANG stocks are among the largest companies
in the world.
have raised concerns that the FAANG stocks may be
in the midst of a bubble, whereas others argue that
their growth is justified by the stellar financial
and operational performance they have shown in recent
term was coined by The Street's Bob Lang and popularized
by Jim Cramer on his CNBC TV show Mad Money.
Institutes Hiring Freeze, Budget Cuts, Corporate Restructuring
- September 29, 2022
parent, Meta, plans to do a hiring freeze, reorganize
teams and reducing headcount for the first time in
media company Meta is instituting a hiring freeze
and warning employees about further restructuring
and downsizing. The announcement came from CEO Mark
Zuckerberg on an internal all-hands call, Bloomberg
company, which owns Facebook, Instagram, and Whatsapp,
will reportedly be slashing budgets across most teams.
announcement comes just one week after the Wall Street
Journal reported certain Meta employees have been
told to find new roles in the company or face downsizing.
According to that report, workers on a 30-day
list had to quickly find a new role in the company
or risk termination.
is the companys first major budget cut since
the founding of Facebook in 2004 and seemingly heralds
an end to the era of rapid social media growth.
Points to Economic Uncertainty as Driving Factor
leadership blamed current economic conditions for
had hoped the economy would have more clearly stabilized
by now, but from what were seeing it doesnt
yet seem like it has, so we want to plan somewhat
conservatively, Zuckerberg told employees in
a Q&A session, according to Bloomberg.
this year, Meta reported its first-ever decline in
ad revenue. This was largely driven by Apple changing
to opt out of having their data tracked across apps.
the companys growth has been hindered by competition
with TikTok, which is drawing users away from Instagram
Has Been Preparing for Cuts for Months
began slowing hiring in July as the company seemed
to begin bracing itself for cuts. After missing its
quarterly earnings target for the first quarter of
2022, Zuckerberg indicated Meta would be slowing the
pace of its investments.
also warned that some Meta teams would shrink in response
to the decline in revenue and suggested the company
was approaching a downturn.
was also the first year in Facebooks 18-year
history in which the company did not grow.
Advertising-Driven Companies Struggling with Economic
top of internal challenges, Meta, like many tech companies,
has seen its value drop since the Federal Reserve
raised interest rates on September 22.
announced a hiring freeze of its own last May and
reportedly asked employees to reduce spending wherever
possible. Last month, Snapchat reduced its workforce
Google has not been immune. Alphabet, Inc, the search
engine giants parent company, slowed its hiring
rate in the back half of 2022.
here for full article
Engine Journal with a concise news report on Meta
/ Facebook, or whatever they wish to call themselves.
Indicators point to the rebrand not working well as
all, and Zuck being the face of the Metaverse may
be another mistep. Facebook er Meta is not the news
media, industry, tech or investor darling they were
in say the 2007 to 2017 period. The political involvement,
wokeness and myriad of serious scandals has hurt them
badly, perhaps beyond reasonable repair. Numerous
advertisers have jumped ship to elsewhere or are just
doing their own organic based themselves without big
firms giving them often inaccurate numbers and below
par results. The genie is out of the bottle. Can Meta/Facebook
ever gets it's mojo back to the point where everyone
wants to be their "friend" again? Down but
are they out for good? Facebook's loss may just be
Google's, YouTube's and LinkedIn's gain! My opinion
of course, since FB wanted to push their opinions,
community viewpoint etc onto others. FB - the story
of ying and yang and energy exchange impacting their
business and bottom line. Back to YouTube, LinkedIn
and own media now.