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Amazon Considers Launching Ad-Supported Prime Video Tier, Google & Microsoft Face Backlash For Ad Inclusion In AI Trials, Airbus Records One-Third Jump In May Deliveries: Today’s Top Stories

Wall Street Journal Balancing Profitability and Entertainment: Amazon Considers Launching Ad-Supported Prime Video Tier Amazon.Com Inc (NASDAQ: AMZN) looks to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more entertainment revenue. Advertising has been an area of continued growth for Amazon, growing by 21% year over year to $9.5 billion in the first quarter. Advertisers expressed interest in Amazon offering an ad tier for Prime...

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GOOGL MSFT

Dilemma of Ad Transparency: Google and Microsoft Face Backlash for Ad Inclusion in AI Trials

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Microsoft Corp's (NASDAQ: MSFT) inserting of ads into AI trials without any opt-out option has irked some brands. Microsoft is testing ads in the Bing AI chatbot by migrating some traditional search ads and inserting them into the AI responses, Reuters reports. Both companies are in the early stages of testing ads in generative AI features in their race to revamp their search engines with AI capable of written responses to open-ended queries...

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The AI boom hasn’t moved the needle on the VC funding landscape yet

AI investments may be hot, but the VC space overall remains noticeably cool, recent Crunchbase data shows...

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Why Alphabet Rose 14.5% in May

Shares of search and cloud giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose 14.5% in May, according to data from S&P Global Market Intelligence. The Google parent unveiled many new technologies during its I/O conference early in the month. Alphabet had been a relative laggard during the first quarter compared with some of its big-tech brethren, as investors feared that generative AI could disrupt the conglomerate's core search business...

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Is Alphabet (GOOGL) a Buy as Wall Street Analysts Look Optimistic?

According to the average brokerage recommendation (ABR), one should invest in Alphabet (GOOGL). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?...

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GOOGL

Alphabet Inc. (GOOG) Is Considered a Good Investment by Brokers: Is That True?

Based on the average brokerage recommendation (ABR), Alphabet Inc. (GOOG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?...

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GOOGL

Twilio (TWLO) Teams Up With Google Cloud on Customer AI

Twilio (TWLO) strengthens its partnership with Google Cloud to bring generative AI into its customer engagement product base, which includes Flex, and improve customer experiences and satisfactions...

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GOOGL MSFT

Amid Industry Trend, Microsoft Markets Times Square Offices for Sublease

Microsoft Corp (NASDAQ: MSFT) prepared to sublease offices in Manhattan’s Times Square as peers pared back real estate. The tech firm is marketing over 42,000 square feet (3,900 square meters) of offices at 11 Times Square, Bloomberg cites real estate data firm CoStar. Also Read: New Era In Commercial Real Estate? Amazon Taps We-Work For Expansion Of Office Space In London Microsoft, which has been downsizing its workforce, reduced its real estate presence, including abandoning plans for a new o...

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AMZN GOOGL

Balancing Profitability and Entertainment: Amazon Considers Launching Ad-Supported Prime Video Tier

Amazon.Com, Inc (NASDAQ: AMZN) looks to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more entertainment revenue. Advertising has been an area of continued growth for Amazon, growing by 21% year over year to $9.5 billion in the first quarter, the Wall Street Journal reports. It is the third-biggest player in terms of digital ad revenue in the U.S. after Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Meta Platforms Inc (NA...

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Google Contract Staff That Helped Train AI Seek To Unionize

(Bloomberg) -- A group of Alphabet Inc. contract workers are launching a unionization campaign, saying they need a greater voice at the company that has tasked them with work on its most high-profile products, including training generative AI answers in Google’s search engine and chatbot.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarBonds Everywhere Suffer as Rate-Hike Fears Swamp TradersMystery Bet Before SEC Crypto Crackdown May Mint Trader MillionsRay D...

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