Big Tech wants your financial life on its apps. Banks, payment companies, and regulators are fighting back...
Continue ReadingGoogle CEO Sudar Pichai said that the company's Google One cloud storage service is " just about to cross" 100 million subscribers. Speaking during Alphabet's Q4 2023 earning call, Pichai added that the company is looking to add more AI-powered features to the Google One service. The search giant first launched Google One in 2018. Since then the product has evolved and has extra perks including Google Photos editing features such as magic eraser, portrait light and portrait blur, color pop, and...
Continue Reading2023 was a busy and productive year for Longleaf Partners Fund. We initiated 8 new positions and added to 2 discounted existing holdings. Click here to read more...
Continue ReadingGoogle CEO Sundar Pichai said that YouTube is delivering the lion's share of subscriptions growth, thanks to a mix of paid services that includes live television, music, ad-free online content, and live sports...
Continue Reading(Bloomberg) -- Microsoft Corp., Alphabet Inc.’s Google and Advanced Micro Devices Inc. — three companies working harder than nearly anyone to weave artificial intelligence into their products — are finding that investor expectations for the technology are hard to meet.Most Read from BloombergMusk’s $55 Billion Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainMicrosoft Sales Top Estimates; Cloud Growth Disappoints SomeTech Giants Sl...
Continue ReadingGOOGL earnings call for the period ending December 31, 2023...
Continue Reading(Bloomberg) -- Japanese bond yields pushed higher with the yen as bets on a long-anticipated rate hike were fueled by hawkish signals from a summary of the Bank of Japan’s latest meeting. Most Read from BloombergMusk Pay Package Voided, Threatening World’s Biggest FortuneMusk Says First Neuralink Patient Received Implant in BrainTech Giants Slide in Late Trading After Earnings: Markets WrapUPS CEO Kicks Off Productivity Drive by Cutting 12,000 ManagersMicrosoft Sales Top Estimates; Cloud Growth...
Continue ReadingRevenue and Operating Income Surge as Company Leverages AI Innovations...
Continue ReadingMicrosoft, Google and AMD earnings are a big test for AI, cloud and techs broadly. A judge struck down Elon Musk's huge pay plan...
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