Alphabet has rejoined an exclusive club: The tech giant's market capitalization finished Tuesday above $1.5 trillion for the first time since May 2022, according to Dow Jones Market Data. The company finished at $1...
Continue ReadingShares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) rose as much as 3.6% in Tuesday trading before settling into a 2.7% gain for the day, as the overall market was down. Today's move follows on a streak for the search leader, in which Alphabet has rallied by double digits in May. The company had already received a nice bounce following its I/O conference on May 10, during which management showcased new devices and updated investors on the extent of its AI investments. Alphabet had sold off in the first quarter amid fears that OpenAI's ChatGPT could be incorporated into Microsoft's (NASDAQ: MSFT) rival Bing search engine, potentially disrupting Google's dominant search franchise...
Continue Reading"TikTok has become a scapegoat ... Bytedance is not the first, nor will it be the last, company that misuses our personal data," said one small business owner...
Continue ReadingAny positive momentum stocks had on Monday dissipated yesterday, as downbeat economic signs weighed on indexes...
Continue ReadingThe Tesla CEO made the comments in an interview with CNBC's David Faber, and suggested that OpenAI wasn't doing enough to ensure safe AI development...
Continue ReadingBrett Winton, Ark Invest chief futurist, joins 'Fast Money' to discuss Amazon's A.I. usage, the value of the technology, and why the technology may not benefit all major tech companies...
Continue ReadingOpenAI CEO Sam Altman testified before the Senate Judiciary Committee on Tuesday, calling on Congress to pass legislation to regulate the development of AI at a time when the technology is gaining traction across the tech industry and beyond...
Continue ReadingThe latest tech earnings: better than feared. The shift by big tech to AI and what it means for the sector...
Continue ReadingTwitter caused a buzz last week when Elon Musk announced that the social media platform would be purging (by archiving) accounts that have not been used for several years. Just a week later, Google released an update to its own inactive account policies. Citing the safety risks of old, unattended accounts, Google said May 16 that, starting in December 2023, it may begin deleting Google accounts that have been inactive for two years...
Continue ReadingAlphabet Inc's Google on Tuesday said it would delete accounts that had remained unused for two years starting December, in a bid to prevent security threats including hacks...
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