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Google may face demand to spin off Chrome in antitrust case. But will it actually happen?...
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The Biden administration’s top antitrust officials plan to take more shots at the tech industry before leaving office, in a race to cap four years of aggressive enforcement...
Continue ReadingThe Department of Justice is reportedly planning to ask a judge to force Alphabet-owned Google to sell its web browser, Chrome, because of its apparent monopoly on internet searches...
Continue ReadingWith shares up by over 240,000% since hitting public markets in 1997, Amazon (NASDAQ: AMZN) is a quintessential example of this trend. Under the leadership of CEO Andy Jassy, who took the helm from Jeff Bezos in 2021, Amazon has shifted its strategy from growth at all costs to prioritizing profitability. The company has slashed thousands of white-collar positions, streamlined its fulfillment network, and trimmed less-profitable business ventures...
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Donald Trump's election has shaken up financial markets in a way that few elections have. Among the winners have been tech stocks, which tend to be cyclical and are expected to benefit from a more lax regulatory framework under the Trump administration. No AI stock has gotten more attention than Tesla (NASDAQ: TSLA) since Trump's election, and it's easy to see why...
Continue ReadingThe planned update to voice assistant Alexa is bogged down with problems including latency, which requires "significant improvements,” an internal memo said...
Continue Reading(Bloomberg) -- Apple Inc. has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16.Most Read from BloombergNew York’s Transit Agency Approves $9 Congestion TollParis to Replace Parking Spaces With TreesIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye...
Continue ReadingPartiful, the New York-based event-planning app that's taking on older solutions like Evite, Eventbrite, and Facebook Events, has been named Google's app of the year, the tech giant announced on Monday as part of its "best apps and games of 2024" list. The list also highlighted the top game, AFK Journey, alongside other category winners like best multidevice apps, hidden gems, and those devoted to specific platforms, like watches or TVs, among other things. Partiful was founded in 2020 by Palant...
Continue ReadingThe Department of Justice is reportedly pushing to force Google to spin off its Chrome browser business. That's according to Bloomberg, which reports that the Justice Department is also planning to recommend to a federal judge that Google face antitrust requirements related to AI and its Android mobile operating system. The enforcement actions are the product of the Justice Department's historic multiyear case against Google, which sought to prove that the tech giant has a web search monopoly in...
Continue Reading(Bloomberg) -- Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the world’s biggest tech companies.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View o...
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