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Google halting fibre rollout amid changes

telecom | 10/26/2016 4:47 pm EDT

Alphabet Inc. announced it will pause its fibre rollout to potential cities amid changes that have claimed its broadband division’s CEO.  Craig Barratt, CEO of Google Access, announced on the company’s fibre blog Tuesday that Google is undergoing changes to “refine our approaches” and will be pausing the rollout to additional cities. He said work will continue where they’ve already launched fibre or where it’s still under construction.  At least eight cities in the United States were slated as potential fibre cities, according to...

Google appoints Ruth Porat CFO

Media | 03/24/2015 6:54 pm EDT

Google Inc. said Tuesday it has appointed Ruth Porat, formerly chief financial officer at Morgan Stanley, as its new chief financial officer. Porat joined the bank in 1987, and led its investment in tech companies including Amazon.com Inc. and eBay Inc., according to a blog post on Google’s website. Porat will begin her new position on May 26, the company said. “We’re tremendously fortunate to have found such a creative, experienced and operationally strong executive,” Google CEO Larry Page said in the release. “I look forward to learning from Ruth as we continue to innovate in our core — from search and ads, to Android, Chrome and YouTube — as well as invest in a thoughtful, disciplined way in our next generation of big bets.”...

Google to sell Motorola Mobility

telecom | 01/31/2014 8:12 pm EST

Google Inc. said Wednesday it has reached a deal to sell Motorola Mobility LCC to Lenovo Group Ltd. for $2.91 billion US. Google CEO Larry Page said in a blog post Wednesday that the smartphone business is “super...