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Google CEO denies offering to buy a startup for $600 million that later went up in flames [Fortune]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Fortune
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
founder Carlos Watson's alleged claims that the search giant once sought to buy Ozy. Google did consider hiring Watson for a high-level news executive job in 2021 and putting $25 million into Ozy in something of a tradeoff for luring him away, Pichai told jurors. “Mr. Watson was a critical part of Ozy Media, and we were considering making an investment in the company to make the transition easier,” he explained. But “did you ever offer to purchase Ozy Media for $600 million?” prosecutor Dylan Stern asked. “No,” replied Pichai, who heads Google and parent Alphabet Inc. He said he had been introduced to Watson at a conference and then in a video interview for a possible Google job interacting with news outlets. Neither the hire nor the $25 million investment ultimately happened. According to prosecutors, Watson later told another prospective investor that Pichai himself had extended a nine-figure offer to buy Ozy. The Mountain View, California-based company produced TV progr [Read more]

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Stockreport

Google CEO denies offering to buy a startup for $600 million that later went up in flames [Fortune]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
founder Carlos Watson's alleged claims that the search giant once sought to buy Ozy. Google did consider hiring Watson for a high-level news executive job in 2021 and putting $25 million into Ozy in something of a tradeoff for luring him away, Pichai told jurors. “Mr. Watson was a critical part of Ozy Media, and we were considering making an investment in the company to make the transition easier,” he explained. But “did you ever offer to purchase Ozy Media for $600 million?” prosecutor Dylan Stern asked. “No,” replied Pichai, who heads Google and parent Alphabet Inc. He said he had been introduced to Watson at a conference and then in a video interview for a possible Google job interacting with news outlets. Neither the hire nor the $25 million investment ultimately happened. According to prosecutors, Watson later told another prospective investor that Pichai himself had extended a nine-figure offer to buy Ozy. The Mountain View, California-based company produced TV progr [Read more]

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