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Google parent Alphabet announces first-ever dividend, shares soar

Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
Akash Sriram Kenneth Li Greg Bensinger Noel Randewich Sriraj Kalluvila Greg Bensigner
Source: yahoo.com

Amazon advertising chief steps aside for new role

Amazon.com's advertising executive Colleen Aubrey, a member of the elite internal team advising the CEO, is moving to a new undisclosed position at the company. Spokeswoman Kristin Mariani said Aubrey's new position would be announced later. Aubrey is a member of the so-called "S-team," which counsels CEO Andy Jassy, and has worked at Amazon for nearly two decades.
Greg Bensinger Kristin Mariani Andy Jassy Colleen Aubrey Cynthia Osterman Prime Video
Source: yahoo.com

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