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For Tech Giants, AI Like Bing and Bard Poses Billion-Dollar Search Problem

As Alphabet Inc looks past a chatbot flub that helped erase $100 billion from its market value, another challenge is emerging from its efforts to add generative artificial intelligence to its popular Google Search: the cost. Executives across the technology sector are talking about how to operate AI like ChatGPT while accounting for the high […]

EU Eyes Big Tech as It Seeks Feedback on Who Should Pay Network Costs

The European Commission on Thursday launched a consultation on the future of Europe’s telecoms sector, starting a process that could lead to requiring Alphabet’s Google, Apple, Meta Platform and Netflix to pay some network costs. The move by the EU executive followed more than two decades of lobbying by Deutsche Telekom, Orange, Telefonica, Telecom Italia […]

U.S. Supreme Court Mulls Challenge to Internet Firms' Legal Shield

The U.S. Supreme Court on Tuesday will consider a bid to weaken a legal shield that protects internet companies from a wide array of lawsuits in a major case involving an American student fatally shot in a 2015 rampage by Islamist militants in Paris. The justices are due to hear arguments in an appeal by […]

U.S. Justice Department Escalates Apple Probe - WSJ

The U.S. Justice Department has in recent months escalated its long-running antitrust probe on Apple Inc, the Wall Street Journal reported on Wednesday citing people familiar with the matter. Reuters previously reported the Justice Department opened an antitrust probe into Apple in 2019 to review whether technology giants were using their size to act in […]

Explainer-Bard vs Chatgpt: What Do We Know About Google’s AI Chatbot?

Alphabet Inc and rival Microsoft are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to AI chatbot sensation ChatGPT. Just minutes after Google announced the launch of Bard on Monday, Microsoft said it would hold an event at its Redmond headquarters to reveal its […]

Marketmind- Market to Chatgpt: What’s Powell Gotta Say?

Investors are just about coming to terms with the eye-popping payrolls number from Friday, but with Fed Chair Jerome Powell due to speak later in the day, the market will ponder which Powell will turn up (the hawk or the dove). Perhaps ChatGPT has the answer. Google owner Alphabet unveiled a rival to super popular […]

Tech Stocks Are Not Out of the Race

Over 2022, the tech sector saw highly high volatility. Taking the brunt of changes in Fed tightening predictions and the outlook for the USD. The Nasdaq and the XLK (SPDR Tech fund), two major tech indexes, are down on the year by 27% and 23%, respectively. As we transition into the first quarter of 2023, […]