Tag GOOGL

The Brazilian government objected on Tuesday to Google LLC campaigning against an internet regulation bill to crack down on fake news and ordered the U.S. company to change a link on its search engine in Brazil. The proposed law to penalize firms for not reporting fake news was due to be voted on in the lower house of Congress later on Tuesday but its fate is uncertain due to resistance from conservative and Evangelical lawmakers who have sided with big tech firms against the government and its allies...

Tech giants reported excellent results & extended their rally...

Shares of Adobe Inc. shed 1.47% to $368.66 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index.....

Shares of Alphabet Inc. Cl A slid 1.75% to $105.32 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500.....

Shares of Meta Platforms Inc. slid 1.62% to $239.24 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ.....

Godfather of AI has had enough and all the players are on notice about ChatGPT impacts...

BRASILIA (Reuters) -The Brazilian government objected on Tuesday to Google LLC campaigning against an internet regulation bill to crack down on fake news and ordered the U.S. company to change a link on its search engine in Brazil. The proposed law to penalize firms for not reporting fake news was due to be voted on in the lower house of Congress later on Tuesday but its fate is uncertain due to resistance from conservative and Evangelical lawmakers who have sided with big tech firms against the government and its allies. Justice Minister Flavio Dino said Google had two hours after being notified to change a link on its search engine that connects to material that argues against the regulation bill and urges readers to call their representatives to vote against it...

Although the e-commerce and cloud titan reported stronger-than-expected profit and sales in the period. Amazon.com Inc. (NASDAQ: AMZN) also warned that growth in its cloud computing business is continuing to slow down. With positive quarter results, Amazon joined its tech peers Alphabet Inc (NASDAQ: GOOG), Microsoft Corporation (NASDAQ: MSFT) and Meta Platforms Inc. (NASDAQ: META). However, they had better news on the cloud front as Microsoft reported sustainable cloud sales and Alphabet’s Googl...

Brazil's lower chamber of Congress will vote on Tuesday afternoon on an internet regulation bill that cracks down on fake news and has become a battleground between big tech firms and the Brazilian government and its allies. Bill 2630, also known as the Fake News Law, puts the onus on the internet companies, search engines and social messaging services to find and report illegal material, instead of leaving it to the courts, charging hefty fines for failures to do so. The Brazilian proposal is shaping up to be one of the world's strongest legislations on social media, comparable to the European Union's Digital Services Act enacted last year...

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) are two of the largest tech companies in the world. Alphabet owns Google, YouTube, Android, Gmail, Chrome, and Google Cloud, while Meta dominates the social networking space with Facebook, Messenger, Instagram, and WhatsApp...