The European Commission is probing if Microsoft is preventing customers from relying on certain security software from its competitors, according to a document that regulators sent to at least one rival in January, seen by Reuters. Companies over the years have complained about Microsoft’s bundling services and its cloud-computing practices, which European regulators have investigated. …
Semiconductor stocks have been on fire ever since ChatGPT was launched in late 2022. Since then, a slew of new generative artificial intelligence (AI) applications have made cutting-edge graphics processing units that can handle accelerated applications a hot commodity. As Nvidia (NASDAQ: NVDA) is the leader in that subset of the chip market, its sales …
Image Credits: Google This morning, Google’s CEO Sundar Pichai inaugurated a new hub in Paris dedicated to artificial intelligence. This hub is located in a newly renovated building near Google’s main office in Paris. It will host around 300 researchers and engineers. But if you pay close attention to Google’s whereabouts in Paris, you may …
Billionaire Bill Ackman runs Pershing Square Capital Management, a hedge fund that returned 234% over the last five years, crushing the 95% total return in the S&P 500. Pershing Square also beat the benchmark index over the last year and the last decade. That outperformance makes Ackman and his fund a worthwhile case study for …
By Jeffrey Dastin SAN FRANCISCO (Reuters) – Alphabet plans to seek external investment for GFiber, its business selling Wi-Fi and internet connectivity in parts of the United States, the company told Reuters on Monday, as it looks to ramp up its expansion to more cities. GFiber, owned by Google’s parent company, competes with larger internet …
Welcome to AI This Week, Gizmodo’s weekly deep dive on what’s been happening in artificial intelligence. What to Watch For: Taylor Swift’s “Midnights” What to Watch For: Taylor Swift’s “Midnights” vinyl sales Concerns about AI porn—or, more commonly “deepfake porn”—are not new. For years, countless women and girls have been subjected to a flood of …
Google parent company Alphabet (GOOG, GOOGL) reported its fourth quarter earnings after the bell on Tuesday, missing analysts’ expectations on ad revenue, the heart of the tech giant’s business. The stock slid 4% lower in extended trading. Revenue, excluding traffic acquisition costs for the third quarter, was $72 billion versus expectations of nearly $71 billion. …
Alphabet CEO Sundar Pichai touts company’s AI ambitions on a Tuesday call with investors.Image: Denis Balibouse (Reuters) Despite Alphabet, the parent company of Google and YouTube, reporting strong quarterly revenue and profit on Tuesday, the search engine and online ad giant remains focused on cutting costs. How to find a new job and make more …
Alphabet (GOOG, GOOGL) is set to release quarterly earnings after the bell on Tuesday, kicking off a big week for US tech giants that will offer updates on the race for AI dominance, the state of the ad market, and an intensifying regulatory crackdown that coincides with a presidential election. Investors will be looking for …
Tech stocks have a reputation for delivering significant and consistent gains over the long term. The innovative nature of the market has created an ever-expanding environment and one of the best places to invest. The chart below illustrates this, with the Nasdaq-100 Technology Sector rising significantly higher over the last decade than the Nasdaq Composite …