Alphabet's Google must face advertisers' proposed class action lawsuit claiming that it monopolizes the ad exchange market, a U.S. judge ruled on Friday. But U.S. District Judge Kevin Castel dismissed some other antitrust claims, including those focused on ad-buying tools used by large advertisers. Castel was reviewing a number of cases against Google, and his decision struck down many claims but allowed at least one key set to proceed...
Continue ReadingA California regulator has approved a proposal from Alphabet's Waymo to expand its fared, completely driverless robotaxi services to Los Angeles and some cities near San Francisco, effective on Friday. Waymo, which already operates in San Francisco and Phoenix, applied on Jan. 19 to expand its driverless services, saying it would work with policymakers, first responders and community organizations. Last month, the California Public Utilities Commission (CPUC) suspended the application "for further staff review."...
Continue ReadingWaymo, which already operates in San Francisco and Phoenix, applied on Jan. 19 to expand its driverless services, saying it would work with policymakers, first responders and community organizations. Last month, the California Public Utilities Commission (CPUC) suspended the application "for further staff review." "Waymo may begin fared driverless passenger service operations in the specified areas of Los Angeles and the San Francisco Peninsula, effective today," the CPUC said on a notice posted to its website on Friday...
Continue ReadingMany of the "Magnificent Seven" members have invested heavily in voice-based artificial intelligence (AI) assistants...
Continue ReadingContracted tech workers say they're paid as low as $19 hourly in expensive metro. Google and contractor Cognizant say their contract was due to end...
Continue ReadingThe Nasdaq has reached a new high for the first time since 2021. What's next?...
Continue ReadingThe Alphabet story is showing cracks. Shares are flat this year, trailing the 8% gain for the Nasdaq Composite, and the 42% rise for digital advertising rival Meta Platforms...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google is laying off a handful of employees on its trust and safety team as part of broader staff cuts, even as it’s asking members of that group to be on standby over the weekend in order to troubleshoot problematic outputs related to its flagship generative AI tool, Gemini.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOElon Musk Sues OpenAI and Altman for Breaching F...
Continue ReadingBaidu Inc (NASDAQ: BIDU) reported a stellar performance during the last three months of 2023 as it continues its strategic shift towards the AI landscape. Often dubbed as China’s Google, Baidu’s results showed substantial resilience and even growth amid a complex macroeconomic environment. But being labeled as China’s Google also comes with high expectations, ones that Baidu didn’t succeed to meet with its fourth quarter results as AI spending drained its bottom line. However, while Google and C...
Continue ReadingMeta Platforms decided against a partnership with Alphabet to use Google's Android XR platform for its virtual and mixed-reality Quest headsets, The Information reported on Friday. Google had suggested that Meta partnered with its new software platform that is being developed for virtual reality, augmented reality and mixed-reality headsets, the report said, citing a source involved in the talks. But such a partnership could thwart Meta CEO Mark Zuckerberg's plan to "own the next computational platform for AR, VR and mixed reality," according to the report...
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