Tag Archives: googl

CEO Bezos Says Amazon Cloud Business Outpacing Its E-Tail Business

After 10 years, Amazon Web Services, the company’s cloud computing division, is a $10 billion business, Amazon.com ( AMZN ) CEO Jeff Bezos wrote in a letter to shareholders Tuesday. Though the $10 billion figure is not new — the firm’s Q4 AWS sales suggested a run-rate of $10 billion — it is the first time that Bezos has offered AWS guidance for 2016. Bezos also said in the shareholder letter, contained in the company’s 8-K filing with the SEC, that AWS is larger than Amazon was at the same stage in its history. “Over time, it’s likely that most companies will choose not to run their own data centers, opting for the cloud instead,” Bezos wrote. Amazon stock was up nearly 2%, near 597, in afternoon trading on the stock market today . The company has an IBD Composite Rating of 77, where 99 is the highest. AWS dwarfs rival Microsoft ( MSFT ), which has been fighting to make gains in the cloud market. Alphabet ( GOOGL )-run Google is a distant third in market share. At its GPU technology conference in San Jose, Calif., this week, chipmaker Nvidia ( NVDA ) announced several new pieces of hardware targeted at cloud computing.

Facebook, Alphabet Winners In Trump-Cruz, Clinton-Sanders Battles

The election cycle in 2016 should drive a record year in political ad spending, with Facebook[ ticker symb=FB] and Alphabet ( GOOGL ) cashing in on the digital-media slice of the pie. About $1 billion will be spent on digital media platforms during the 2016 election cycle, about five times higher than in 2012, wrote Nomura analyst Anthony DiClemente in a research note. He expects Alphabet to capture 40% of that amount and Facebook 30%. The growth in political-ad spending is due to the intense battles waged between Hillary Clinton and Bernie Sanders to be the Democrat Party presidential nominee and between Donald Trump and Ted Cruz on the Republican side. Another is a greater mix of ad spending by political action committees, especially PACs seeking to deny Trump the GOP nomination. As always, TV advertising will get the bulk of political-ad spending. The reason political spending on digital media is growing in power is the unique ability to track its effectiveness. “Political campaigns have been slow to adopt digital marketing despite clear attribution benefits, competitive ROI, and significant growth in consumer time spent on digital platforms,” DiClemente wrote. “Our checks with campaign ad buyers suggest that improvement in attribution technology and the ability to link ad spend with turnout at a candidate’s rallies is proving a key driver of growth of spend on digital.”

Political Drama Draws Alphabet-Owned Google Into Consumer Surveys

Google is using the interest surrounding the 2016 elections to vault more deeply into the political polling arena with its own polling service. Alphabet ( GOOGL ) subsidiary Google is offering its survey products to presidential and congressional campaigns — and getting them into newsrooms, according to  The Hill. Google collects its data through survey boxes that appear online before people can read a news article, as well as through an application for the Google Android operating system that provides credits to the Google Play store to people who answer questions, The Hill reported. The product is known as Google Consumer Surveys.  Nielsen Holdings ( NLSN ) also remains a major player in the survey industry. Online polling has long faced skepticism, however, since most Internet polls rely on self-selecting groups of respondents. Getting a representative sample including the elderly or poor, for example, can be difficult since they are less likely to have Internet access and would be excluded from sampling as a result. On the other hand, getting voters to participate in phone-based polling is becoming more difficult. The rate of people responding to phone surveys had already fallen to less than 10% in a 2012 Pew study , according to the Silicon Valley Business Journal. Google specifies that its sample is representative of the population on the Internet, according to the report. Google makes money from the surveys, but its data work also keeps the search company’s brand prominent in the political conversation. “As we started to get ready for the 2016 cycle, that’s when things really started to pick up a bit on my side,” Karen Sheldon, the Google account executive on the sales team for the product, said in The Hill’s report. The Wall Street Journal and the Washington Post have both used Google’s tools for political polling, and the company has struck a longer-term partnership with the Independent Journal Review, a right-leaning news website that has attracted attention for its viral videos starring presidential candidates, The Hill said. Other Silicon Valley companies focusing on political polling include SurveyMonkey, which The Hill said hired Mark Blumenthal, a well-respected pollster and writer, away from the Huffington Post in October. SurveyMonkey has a partnership with NBC News to produce polls for the 2016 election. Alphabet stock was up a fraction in early afternoon trading in the stock market today , near 764. Image provided by Shutterstock .