Google's Android 14 Update Paves Way For Easy App Authentication With Passkeys
Portfolio Pulse from Benzinga Neuro
Google, a subsidiary of Alphabet Inc., has announced that its latest update to Android 14 will provide in-built passkey support for apps, enhancing their authentication processes and user convenience. The new tool, Credential Manager, will be launched on Nov. 1. This Android-specific API provides integrated storage for credentials such as usernames, passwords, and passkeys. The new feature is expected to enhance the authentication process in Android 14 apps. Google is also deprecating several authentication APIs, urging developers to use the Credential Manager for user authentication.
October 30, 2023 | 9:24 am
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POSITIVE IMPACT
Google's Android 14 update is expected to enhance the authentication process in apps, potentially increasing user convenience and security. This could positively impact user engagement and retention, potentially benefiting Google's stock.
The Android 14 update is a significant development for Google as it enhances the security and convenience of app authentication. This could lead to increased user engagement and retention, which could positively impact Google's revenues and, consequently, its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
As Google is a subsidiary of Alphabet Inc., any positive developments for Google, such as the Android 14 update, could potentially benefit Alphabet's stock.
Google is a significant subsidiary of Alphabet Inc., contributing a substantial portion of its revenues. Therefore, any positive developments for Google, such as the Android 14 update, could potentially benefit Alphabet's stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 75