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Google to launch Google Workplace

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Miguel A. Rodriguez
Miguel A. Rodriguez
07 octubre 2020
Google is trying to compete with Microsoft and Zoom

After the pandemic took over the world, and people had to start working from home, the need for tools that could help them keep in touch with others increased. After companies like Microsoft and Zoom stepped up their game, Google is doing the same.

Google announced that its famous productivity app suite – G Suite – will become Google Workspace. Through this revamp, Google brings to its clients tighter integration across the board, from e-mail to video, and from cloud storage to productivity apps. The new features allow users to join video-meetings directly from their #Gmail inboxes, chat from both #iOS and #Android Gmail apps, and share tasks and files within chat boxes. Also, Google Chat will allow workers to include in their chats people outside of their company. 

Also, Google is offering businesses new plans. Besides the Business Partner and Business Standard plans, Google is rolling out Business Plus and Essential for $18/month, and $8 a month, respectively.  

Currently, the new features are available only to paid subscribers, while consumers will be able to use them "in the coming months."

The announcement came after the US House Judiciary subcommittee claimed that the California-based company "had held its domination in markets ranging from search to advertising to maps by favoring its services and demoting third parties — often at the command of executives." The roughly 450-page report also stated that the company shows signs of unfair behavior in its cloud business and its Fitbit purchase proposal. 

According to the same report, Google is responsible for 81% of general queries in the US on desktop, and 94% on mobile. The story says that Google imposed "algorithmic penalties" on its rivals and that companies had to spend more on ads because their products don't appear in basic search results. 

Google responded to the allegations by accusing lawmakers of looking to help competitors than consumers, and that "We compete fairly in a fast-moving and highly competitive industry. We disagree with today's reports, which feature outdated and inaccurate allegations from commercial rivals about Search and other services."

Following the news, Google stock price lost 2.19%.

Sources: thestreet.com, cnbc.com, finance.yahoo.com


Esta información/estudio preparada por Miguel A. Rodriguez  no tiene en cuenta los objetivos específicos de inversión, la situación financiera o las necesidades particulares de una persona. El analista de estudios es, principalmente, responsable del contenido de este informe de estudio, en parte o en su totalidad, certifica que los puntos de vista sobre las compañías y sus valores expresados en este informe reflejan con exactitud sus puntos de vista personales, y como consecuencia, toda persona que actúe basándose en ellos lo hace bajo su propio riesgo.El estudio proporcionado no constituye los puntos de vista de KW Investments Ltd, ni es una invitación a invertir con KW Investments Ltd El analista de estudios certifica, además, que ninguna parte de su remuneración ha sido, es o será directa o indirectamente relacionada con recomendaciones o puntos de vista específicos expresados en este informe.El analista de estudios no está contratado por KW Investments Ltd Le animamos a buscar asesoramiento con un consejero financiero independiente con respecto a la idoneidad de la inversión, en virtud de otra participación separada, cuando considere oportuno que es conforme con sus objetivos específicos de inversión, su situación financiera o, sus necesidades financieras particulares antes de comprometerse a invertir..Las leyes de la República de Seychelles rigen cualquier reclamación relacionada o que surja por el contenido de la información/análisis proporcionado.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Autor financiero

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.