Alphabet Inc. is pushing efforts to roll back the most comprehensive biometric privacy law in the U.S., even as the company and its peers face heightened scrutiny after the unauthorized sharing of data at Facebook Inc.
The threat is real: U.S. intelligence chiefs warn that Russians could repeat their attempts to meddle in the 2016 presidential election. The response — seeking expertise from the Guard — is unexpected.
Alphabet Inc.’s first-quarter results came with a clear message to Wall Street: The company is embarking on a new spending binge to chase its biggest rivals. Almost all of that spending went to buttress newer cloud and consumer-device businesses that lag behind leaders Amazon.com Inc. and Apple Inc.
While increased concern about privacy and new regulation may crimp Google’s ad business at some point, the company’s broad reach, vast resources and dominant market share mean smaller rivals may have more to lose.
“You have to be performing well, but what we want to be looking at is where is the market?” Pentagon Chief Management Officer Jay Gibson told reporters Monday. “If you haven’t kept up with the market then, arguably, how well are you performing?”