The Biden administration has tried to rein in what it views as anticompetitive behavior in the tech world, but Alphabet may find out that a second Trump administration isn't much friendlier...

An elite Israeli military intelligence unit may once again be about to prove its value to the nation's tech economy as Google's parent eyes cybertech company Wiz for an eyewatering $23 billion. Alphabet Inc , a person familiar has said, is in advanced talks to buy Wiz from founder Assaf Rappaport, a former officer from the famed 8200 military unit, which has built a track record in turning out tech entrepreneurs. As the war in Gaza squeezes Israel's economy, the deal underscores the resilience of the tech industry, which accounts for some 20% of the country's output and around 15% of jobs...

Alphabet's AI push will lead to a huge boost in spending this year, but revenue from search and YouTube is also accelerating...

Wedgewood Partners, an investment management company, released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, Wedgewood Composite’s net return was 3.7% compared to the Standard & Poor’s 4.3%, the Russell 1000 Growth Index’s 8.3%, and the Russell 1000 Value Index’s -2.2% return for the same […]...