(Bloomberg) -- Alphabet Inc.’s Google changed its advertising auction formula in 2017, raising prices by 15% and likely making the company billions of dollars in additional revenue, according to an economist testifying for the US Justice Department in the antitrust case against the search giant.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsUS Stocks Rebou...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google moved closer to blocking Canadians from viewing news links on its search engine, after it rejected government regulations meant to placate its concerns about an impending online content law.Most Read from BloombergThe 5% Bond Market Means Pain Is Heading Everyone’s WayThe Moral Case for No Longer Engaging With Elon Musk’s XIt's Done. The Future Is Battery-Powered Electric CarsUS Stocks Rebound as Wall Street Debates Rates: Markets WrapAlmost Anyone Can Becom...
Continue ReadingIt is apparent that the stock market has gotten stretched to the downside and that a reversal is in sight. Read my analysis for investors here...
Continue ReadingSouth Korea’s telecommunication regulator, the Korea Communications Commission (KCC), said Friday that it plans to levy fines on Google and Apple, which could total up to $50.5 million, for violating the country’s in-app payment law. According to the KCC statement, the two Big Tech giants abused market dominance to force local app developers to use their in-app payment methods rather than competitors’ payment systems and unfairly delayed app reviews to enforce the specific billing system. The co...
Continue ReadingStocks have recently retreated as Treasury yields continue to rise. To navigate this market turbulence, CNBC's Jim Cramer offers some promising insights. "We're in an unusual situation, but skyrocketing bond yields are bad news for the vast bulk of the market. The mega-cap techs are the one big exception. You want to make it through this difficult moment?" he asked in a recent "Mad Money" segment. "You need the Magnificent Seven, and then the rest." By Magnificent Seven, Cramer means seven mega-...
Continue ReadingAlphabet's (GOOGL) Google adds strength to its Pixel series with Pixel 8 and Pixel 8 Pro with AI-based feature updates, integrating AI into its consumer gadgets...
Continue ReadingUber is striving to lock customers into its ecosystem for the long-term, through its Uber One subscription service, a great product strategy to induce loyalty. Click here for more...
Continue ReadingA person using generative AI -- models that generate text, images, music and more given a prompt -- could infringe on someone else's copyright through no fault of their own. But who's on the hook for the legal fees and damages if -- or rather, when -- that happens? It depends. In the fast-changing landscape of generative AI, companies monetizing the tech -- from startups to big tech companies like Google, Amazon and Microsoft -- are approaching IP risks from very different angles. Some vendors h...
Continue ReadingInvestor psychology is hugely important in the stock market. Over the last few years, Nvidia (NASDAQ: NVDA) and Amazon (NASDAQ: AMZN) have used stock splits multiple times to manage their impressive share price growth. Let's discuss why they could continue to reward investors as they pivot to artificial intelligence (AI) technology...
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