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 […]
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 […]
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 […]
Microsoft Corp is revamping its Bing search engine and Edge Web browser with artificial intelligence, the company said on Tuesday, signaling its ambition to retake the lead in consumer technology markets where it has fallen behind. The maker of the Windows operating system is staking its future on AI through billions of dollars of investment […]
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 […]
Google owner Alphabet Inc on Monday said it will launch a chatbot service and more artificial intelligence for its search engine as well as developers, an answer to Microsoft Corp in their rivalry to lead a new wave of computing. Microsoft, meanwhile, said it planned its own AI reveal for Tuesday. The cascade of news […]
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 […]
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, […]
Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department’s antitrust lawsuit to Manhattan federal court, where the company is already fighting claims that it has abused its market power for online advertising technology. In a filing in the Manhattan litigation, Google’s […]
After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap showed they were not yet in the clear. The health of the advertising industry closely mirrors the economy, and many advertisers have pared back their marketing budgets in response to […]