Perplexity AI is valued at $520 million. Google’s market cap is nearing $2 trillion. Perplexity’s CEO thinks he can take them on by being better...
Continue ReadingVirtual reality is about to change forever...
Continue ReadingBig techs led the market Wednesday. Microsoft flashed a buy signal, nearing Apple's valuation. The SEC approved Bitcoin ETFs. The CPI inflation report is due...
Continue ReadingGoogle is axing hundreds of jobs as a new wave of layoffs grips Silicon Valley...
Continue ReadingGoogle wants to inject a little generative AI into retail. Or to try, at least. To coincide with the National Retailer Association's annual conference in NYC, Google Cloud today unveiled new gen AI products designed to help retailers personalize their online shopping experiences and streamline their back-office operations. As to whether they perform as advertised, this writer can't say -- TechCrunch wasn't given the chance to test the new tools prior to this morning's unveiling. (They're set to...
Continue ReadingSkydance Media is said to be pursuing a bid for Paramount, Amazon and Google are cutting jobs, and other news to start your day...
Continue ReadingU.S. stocks [notched another solid day of gains](https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-01-10-2024-6ab82361) Wednesday. But the more interesting stories might be what didn't happen—or, at least, didn't happen yet...
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Continue ReadingAI technology is here to stay...
Continue ReadingA legal adviser to the European Union's top court said Thursday that Google should pay a whopping fine in a long-running antitrust case in which regulators found the company gave its own shopping recommendations an illegal advantage over rivals in search results. The European Court of Justice's advocate general, Juliane Kokott, recommended rejecting the U.S. search giant's appeal of the 2017 penalty. In a legal opinion, Kokott also proposed upholding the 2.4 billion euro ($2.6 billion) fine that the European Commission, the 27-nation bloc’s top competition watchdog, slapped on Google...
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