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 …
In the third quarter of 2023 (ended Sept. 30), Amazon (NASDAQ: AMZN) generated revenue of $143 billion. The vast majority of this, about $92 billion, was derived from online stores and third-party seller services, which are directly related to the company’s insanely successful digital marketplace. It has long been the case that Amazon’s e-commerce operations …
Artificial intelligence, and its need to move and process vast amounts of data, will be a core focus for Verizon Communications (VZ) in 2024 and beyond. In an exclusive sit-down at the 2024 World Economic Forum in Davos, Switzerland, Verizon chairman and CEO Hans Vestberg outlined his AI vision for the company with Yahoo Finance …