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Google brings AI answers in Search to new countries
Alphabet expanded its AI-generated search summaries to six more countries, addressing previous inaccuracies. Initially launched in the U.S., the AI Overviews faced criticism for errors but has since been updated. Changes include query restrictions and limiting user-generated content sources. The feature now includes hyperlinks and may add direct links within the overview text.
‘One of tech’s biggest contributors’: Sundar Pichai, Tim Cook condole death of former YouTube CEO Wojcicki
Wojcicki was named the CEO of YouTube in 2014. She introduced new forms of ads and helped steer its growth by launching a streaming television service as viewers increasingly turned to the internet for shows and films. Big names from Silicon Valley remembered Wojcicki's contribution to the field.
UK starts probe into Amazon's AI partnership with Anthropic
The Competition and Markets Authority (CMA) said it now had until Oct. 4 for its so-called Phase 1 decision to either refer the artificial intelligence (AI)-focussed partnership for a deeper probe or clear it of competition concerns.
Google antitrust ruling may pose $20 billion risk for Apple
Google pays Apple $20 billion annually, or about 36% of what it earns from search advertising made through the Safari browser, for the privilege, according to Morgan Stanley analysts. If the deal is undone, the iPhone maker could take a 4-6% hit to its profit, the analysts estimated.
Google monopoly ruling could help Apple defense in antitrust case
A federal judge mostly sided with state and federal antitrust enforcers in the blockbuster case on Monday that ruled Google's search business was an illegal monopoly, but threw out a claim by several U.S. states that one of Google's ad tools was designed to give the company an advantage over Microsoft's Bing.
How the Google antitrust ruling may influence tech competition
Google's loss could have major ripple effects for competition today. U.S. regulators have also accused Apple, Amazon and Meta of violating antitrust laws by advantaging their own products on the platforms they run and acquiring smaller rivals.
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Google has an illegal monopoly on search, US judge finds
This move is also a green light to aggressive US antitrust enforcers prosecuting Big Tech, a sector that has been under fire from across the political spectrum. The ruling paves the way for a second trial to determine potential fixes, possibly including a breakup of Google parent Alphabet, which would change the landscape of the online advertising world that Google has dominated for years.
Google-parent Alphabet cut stake in Crowdstrike before July global outage
The company cut its stake to 427,895 class A shares from 855,789 shares. The change in holdings is as of June 30.
UK antitrust watchdog flags Alphabet partnership with AI startup anthropic
Britain's Competition and Markets Authority examined Google's partnership with Anthropic for possible competition issues. Alphabet invested $500 million into Anthropic, with a further $1.5 billion planned. The CMA set a deadline to receive public comments on the matter before deciding on a formal investigation.
Alphabet falls as expenses over shadow quarterly results beat
Alphabet's shares fell more than 3% in premarket trading on Wednesday after the Google-parent flagged higher expenses due to competition heating up in search and cloud computing.
Google parent Alphabet beats Q2 revenue, profit estimates on strong ads, cloud
Alphabet saw Q2 growth in digital ads, cloud services, and AI, with $84.74 billion revenue and $23.6 billion net income. Capex is forecasted at $12 billion. AI rollout issues; deals with Wiz and HubSpot fell through. A $5 billion investment into Waymo. Google reversed its decision on third-party cookies amid regulatory scrutiny, stated Sundar Pichai.
Alphabet to report double-digit Q2 growth; AI adoption, ballooning costs in focus
Alphabet's revenue growth, driven by AI in cloud computing and advertising, is prominent. Sundar Pichai emphasizes AI's impact. Google's AI in Search, Gemini AI, and new Pixel devices enhance capabilities. Analyst Gil Luria highlights AI competitiveness. Operating expenses rose, with a potential $23B Wiz acquisition. YouTube’s Shorts growth and GroupM’s ad forecast support confidence.
Italy probes Google over alleged unfair user data practices
Italy's antitrust authority stated that Google's method of obtaining user consent could restrict their freedom of choice. By prompting users to agree to the combined use of personal data across various Google services, the authority argued that Google's consent request might be misleading in commercial terms.
Google acquisition target Wiz another fruit of Israel's military intelligence
Google's parent Alphabet is in advanced talks to acquire Israeli cybertech firm Wiz, co-founded by Assaf Rappaport and Yinon Costica from Unit 8200, for $23 billion. Wiz, valued at $12 billion after $1 billion funding, demonstrates strong private investment in Israeli startups.
Google deal for 'hot market' cyber firm Wiz would bolster cloud security
Google has been steadily expanding its cybersecurity offerings in recent years. Alphabet is in advanced talks to acquire Wiz, in an up to $23 billion deal that would be Google's most expensive acquisition and provide it with cybersecurity products that defend against ransomware gangs, a person familiar with the matter said on Sunday.
Google parent in advanced talks to buy cybersecurity startup Wiz for $23 billion
Alphabet is negotiating to acquire US.-Israeli cybersecurity startup Wiz for $23 billion. This would be its largest acquisition amid regulatory scrutiny. Wiz, generating $350 million revenue and serving 40% of Fortune 100 companies, valued at $12 billion. Discussions are confidential and follow Alphabet's decision not to acquire HubSpot. Neither company provided comments.
Satya Nadella, Sundar Pichai hail India's historic T20 World Cup victory
Tech honchos Satya Nadella, Sundar Pichai, and others hailed India's historic win over South Africa in a nerve-wrenching final of the ICC T20 World Cup at the Kensington Oval in Barbados on Saturday.
Brazil judge closes coordination probe into Google, Telegram
The bill, which is still pending, would require that internet companies' search engines and social messaging services find and report illegal material, and would charge hefty fines for failures to do so.
Alphabet hit with Austrian privacy complaint over alleged browser tracking
Google has introduced a set of tools called the Privacy Sandbox to block covert tracking techniques and limit data sharing with third parties while developers and publishers can measure ads without tracking individual users.
Judge rules Google will not face jury trial in US digital ads case
Google avoids jury trial by paying $2.3 million to U.S. government for alleged digital advertising dominance, preventing the first-ever civil antitrust case jury trial by the Justice Department and states suing the tech giant.
New York lawmakers pass measure to protect youths on social media
New York state lawmakers passed legislation to protect children online by restricting social media platforms from exposing 'addictive' content to users under 18 without parental consent.
Nvidia's stock market value surpasses $3 trillion
Nvidia's stock price has more than doubled this year and it's now the third most valuable company in the S&P 500. The company is also about to undergo a stock split and has seen soaring demand for its semiconductors.
Tribunal rules $17 billion UK adtech lawsuit against Google can go ahead
The lawsuit, which seeks damages on behalf of publishers of websites and apps based in the United Kingdom, is the latest case to focus on the search giant's business practices.
Google's privacy chief to exit
Google's chief privacy officer, Keith Enright, is leaving the company this fall after 13 years. The departure is part of a broader reorganization within the privacy teams amid heavy government scrutiny over privacy issues.
OpenAI, Google DeepMind's current and former employees warn about AI risks
The letter further warns of risks from unregulated AI, ranging from the spread of misinformation to the loss of independent AI systems and the deepening of existing inequalities, which could result in "human extinction."
Google cuts at least 100 jobs across its cloud unit: report
Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday. Roles in sales, operations, engineering, consulting, and 'go to market' strategy were some of the positions cut.
Google says tech infrastructure investment in Singapore reaches $5 billion
The company said its data centres in Singapore employ over 500 people and are used to power services such as Google Search and Maps.
Arm aims to capture 50% of PC market in five years, CEO says
Demand for use of Arm's technology in personal computers got a boost after Microsoft unveiled ambitious plans last month to launch a new breed of PCs with artificial intelligence features to compete with Alphabet and Apple.
Nvidia set to overtake Apple as world's second-most valuable company at $2.68 trillion
Nvidia could soon surpass Apple to become the world's second-most valuable company, benefitting from the surge in adoption of AI applications. Nvidia's high-end chips power virtually all AI applications, propelling its stock value to $2.68 trillion.
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