Tag GOOGL

Alphabet Inc's self-driving technology unit, Waymo, laid off 137 employees, in its second round of job cuts this year, the firm told Reuters on Wednesday, bringing total cuts for the year to 8% of its workforce...

Alphabet Inc's self-driving technology unit, Waymo, laid off 137 employees, in its second round of job cuts this year, the firm told Reuters on Wednesday, bringing total cuts for the year to 8% of its workforce. Waymo has eliminated some engineering roles as part of the cuts to "focus on commercial success," the company said in a statement. Investors and industry watchers have been concerned about billions of dollars that have been poured into the self-driving technology sector in a short span of time to commercialize it...

“The power of AI is just beginning to emerge in ways that will reinvent video and make the seemingly impossible possible,” Neal Mohan wrote after taking charge as Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) YouTube CEO. Creators can expand their storytelling and raise their production value, from virtually swapping outfits to creating a fantastical film setting through AI’s generative capabilities, Mohan wrote. OpenAI Inc and Microsoft Corp (NASDAQ: MSFT) have launched consumer-friendly products...

Investors and industry watchers have been concerned as to how billions of dollars have been poured in the self-driving technology sector in a short span of time to commercialize it. Activist investor TCI Fund Management said in November that Waymo is the biggest component of the Google-parent's Other Bets segment and it has not justified excessive investment, adding that losses at the unit should be stemmed. Alphabet said in January it would slash 12,000 jobs, which will affect a large number of employees who support experimental projects...

Shares of Adobe Inc. slumped 0.18% to $323.38 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones.....

Shares of Alphabet Inc. Cl A inched 0.33% higher to $90.36 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the.....

Shares of Amazon.com Inc. shed 2.19% to $92.17 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones.....

Shares of Meta Platforms Inc. sank 0.87% to $173.42 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow.....