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Continue Reading(Bloomberg) -- A top Republican lawmaker said he’d seek a House vote next week on a bill that would force TikTok’s Chinese parent to sell the app or face a ban in the US, injecting new momentum into a congressional push to curtail Beijing’s influence over the video-sharing service.Most Read from BloombergChemical Linked to Cancer Found in Acne Creams Including Proactiv, ClearasilHow Trump’s Ex-Treasury Chief Landed 2024's Highest-Profile US Bank DealStocks Climb on Bets Fed, ECB Closer to Rate C...
Continue ReadingMore than a few tech stocks are considered to be undervalued...
Continue ReadingDavid Tepper's 13F portfolio value increased from ~$5.07B to ~$5.79B this quarter. Click here for a detailed analysis...
Continue ReadingAnalysts at Jefferies have named Pinterest (PINS) as a top pick, reiterating their Buy rating on the stock and setting a price target of $46. The firm's bullish stance on Pinterest is underpinned by the potential for revenue growth driven by the company's partnerships with industry giants Amazon (AMZN) and Google (GOOG, GOOGL). Yahoo Finance's Julie Hyman and Josh Lipton break down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...
Continue ReadingGoogle has been touting the myriad innovations in the first building wholly designed and built by the web giant, even moving workers in to focus on its highest-profile project: generative artificial intelligence. The "Bay View" building, located on the Alphabet unit's Mountain View, California, headquarters, has been plagued for months by inoperable or, at best, spotty Wi-Fi, according to six people familiar with the matter. Its recliner-laden collaborative workspaces do not work well for teams carting around laptops, since workers must plug into ethernet cables at their desks to get consistent internet service...
Continue ReadingAlphabet's (GOOGL) Waymo tests its self-driving vehicles on the streets of Austin, TX. This bodes well for its efforts toward expanding its operation across the United States...
Continue ReadingMuch remains to be seen about how Europe’s new Digital Markets Act will actually impact Apple’s business. The new law, which [goes into effect on Thursday](https://www.wsj.com/tech/how-apple-stands-to-lose-from-europes-new-tech-law-75ce5720?mod=tech_lead_pos1), requires Apple, Google and other operators of digital platforms to [allow third-party app stores](https://www.wsj.com/articles/eu-lawmakers-approve-sweeping-new-digital-regulations-11657040485) and alternative payment options on those platforms. It’s a major change for Apple, which has practiced a [closed-ecosystem](https://www.wsj.com/tech/personal-tech/apple-vision-pro-walled-garden-mac-iphone-app-store-c4838278) approach since launching its first iPhone in 2007...
Continue ReadingA former Google engineer (GOOG, GOOGL) has been charged by Department of Justice (DOJ) officials for allegedly stealing trade secrets on Google's AI projects between 2022 and 2023 for China. Yahoo Finance Legal Reporter Alexis Keenan and Tech Editor Dan Howley break down the implications for defendant Linwei Ding and the tightening AI race between tech giants. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan...
Continue ReadingThis week, Anthropic, the AI startup backed by Google, Amazon and a who's who of VCs and angel investors, released a family of models -- Claude 3 -- that it claims bests OpenAI's GPT-4 on a range of benchmarks. There's no reason to doubt Anthropic's claims. But we at TechCrunch would argue that the results Anthropic cites -- results from highly technical and academic benchmarks -- are a poor corollary to the average user's experience. That's why we designed our own test -- a list of questions on...
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