Google Parent Alphabet Slashes Nearly 90 Percent Stake in Robinhood Markets

Google Parent Alphabet Slashes Nearly 90 Percent Stake in Robinhood Markets

Alphabet, the parent company of Google, recently announced that it has reduced its stake in Robinhood Markets by nearly 90%. This comes after Robinhood reported its first profitable quarter since going public. During the pandemic, Robinhood gained popularity as a financial technology app, attracting retail traders with its commission-free trades and user-friendly interface. However, the …

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Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech

Microsoft Result Puts AI in Spotlight, Creates Worry for Big Tech

A number of US big tech companies experienced a decline on Wednesday as Microsoft’s results indicated the costly nature of the high-stakes battle for AI supremacy. These tech giants had previously seen their shares rally due to the hype surrounding AI technology. Microsoft’s shares fell by 3.6 percent during early trading as the company outlined …

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Google: Sergey Brin Returns to Lead Next-Generation AI Development

Google: Sergey Brin Returns to Lead Next-Generation AI Development

In a surprising turn of events, Sergey Brin, one of the founders of Google, has returned to the company he helped build and is actively contributing to its advancements in artificial intelligence (AI). After stepping down from his executive role in 2019, Brin has been seen frequently at the Google headquarters in Mountain View, California, …

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OpenAI, Alphabet, and Meta Pledge to Safeguard Tech by Watermarking AI-Generated Content, Ensuring Security: White House

OpenAI, Alphabet, and Meta Pledge to Safeguard Tech by Watermarking AI-Generated Content, Ensuring Security: White House

Top artificial intelligence (AI) companies, including OpenAI, Alphabet, and Meta Platforms, have voluntarily committed to the White House’s initiatives to enhance the safety of AI technology. The Biden administration revealed that these companies, which also include Anthropic, Inflection, Amazon.com, and Microsoft (as OpenAI’s partner), have pledged to implement various measures. This includes thorough testing of …

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Sreenivasa Reddy, Former Apple and Microsoft Employee, to Join Google as India Policy Head

Sreenivasa Reddy, Former Apple and Microsoft Employee, to Join Google as India Policy Head

Alphabet’s Google is poised to appoint Sreenivasa Reddy, a manufacturing and policy veteran, as its top government affairs executive in India. Reddy, currently a senior engineering executive at Microsoft, is expected to join Google later this year. He brings with him a wealth of experience, having worked in senior positions at Apple’s India regulatory team …

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Spotify to Conduct Trial of Full-Length Music Videos within its App

Spotify to Conduct Trial of Full-Length Music Videos within its App

Spotify Technology is exploring the idea of incorporating full-length music videos into its app to enhance its competitive stance against YouTube and TikTok. In an effort to gather input and ideas, the streaming service has begun engaging in discussions with potential partners. These insiders, who remain anonymous due to lack of authorization, have shed light …

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Google Introduces Generative AI into Online Shopping Features

Google Introduces Generative AI into Online Shopping Features

Google is revolutionizing the shopping experience by incorporating generative AI technology, positioning itself as a competitor to e-commerce giant Amazon.com. The tech giant has unveiled new features that enable users to understand how clothing will fit them regardless of their body size. Additionally, Google’s search and image-recognition technology now allows users to find products more …

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Reports: Russia Imposes RUB 3 Million Fine on Google for Hosting LGBT Propaganda Videos on YouTube

Reports: Russia Imposes RUB 3 Million Fine on Google for Hosting LGBT Propaganda Videos on YouTube

A Russian court has fined Alphabet’s Google RUB 3 million (nearly Rs. 31 lakh) for not deleting YouTube videos that promoted “LGBT propaganda” and “false information” about Russia’s military campaign in Ukraine, as reported by Russian news agencies. Moscow has imposed several fines against Western tech companies in the past year to increase its control …

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