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00:03Waymo appointed Google executive Steve Feeler as its new chief financial officer on Monday,
00:07according to CNBC. The appointment comes as Waymo expands its service to more markets
00:12and considers seeking outside investment for its next growth phase. Co-CEO Takedra
00:18Mawakana said Feeler's financial leadership would guide the company through its next phase.
00:23Feeler previously served as Google's vice president of planning,
00:26investments, and investor relations, and was formerly HP's CFO.
00:32Alphabet's other bets, IANTS, which includes Waymo, posted $344 million in third quarter revenue,
00:39down from $388 million a year earlier, with losses widening to $1,430,000,000.
00:46Waymo operates in Los Angeles, Phoenix, San Francisco, Atlanta, and Austin,
00:50and plans to expand to Miami and Washington, D.C. in 2026.
00:54For all things money, visit Benzinga.com.
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