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ALPHABET INC.

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Alphabet : Senators Press Google on Terms of Coronavirus Testing Site

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03/31/2020 | 02:29pm EDT

By Rob Copeland

 

Five U.S. senators pressed for more information on Google's coronavirus testing sites in California, particularly the search giant's requirement that patients must create or use a Google account to participate in the program.

The senators, all Democrats, said in a letter that they had unanswered "concerns on privacy and cybersecurity vulnerabilities." They asked that Google end the requirement that users have a Google account, or any other email address, to access the site, as well as attest that any information collected abides by the federal healthcare privacy law known as HIPAA.

Google parent Alphabet Inc.'s closely-held Verily division is running a handful of testing sites in Northern California in an unusual private-public partnership touted by President Trump early this month. A Verily website screens patients with certain symptoms and directs them to drive-through testing locations. In the first week, some 1,200 individuals were tested, the company says.

The letter was sent Tuesday by senators including Robert Menendez (D., N.J.) and Kamala Harris (D., Calif.) to Verily CEO Andrew Conrad.

Google spokespeople didn't respond to a request for comment Tuesday. Verily earlier said any information collected would not be used for advertising.

 

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Financials (USD)
Sales 2020 169 B - -
Net income 2020 28 823 M - -
Net cash 2020 124 B - -
P/E ratio 2020 34,1x
Yield 2020 -
Capitalization 977 B 977 B -
EV / Sales 2019
EV / Sales 2020 5,04x
Nbr of Employees 123 048
Free-Float 90,3%
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Technical analysis trends ALPHABET INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 47
Average target price 1 508,90 $
Last Close Price 1 433,52 $
Spread / Highest target 25,6%
Spread / Average Target 5,26%
Spread / Lowest Target -21,9%
EPS Revisions
Managers
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth M. Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
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