Tag GOOGL
Earnings have been upbeat thus far... next week will determine if that remains true...
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(Bloomberg) -- US Commerce Secretary Gina Raimondo said her department is exploring how to force cloud companies to disclose when a foreigner taps their computing power to fuel artificial intelligence applications, signaling the next phase of the tech war between Washington and Beijing.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Seeing War AdvantageTrump Ordered to Pay $83.3 Million for Defaming CarrollOne of World’s Richest Doctors Sees Fortune Surge to $12 BillionMacKenzie...
Continue ReadingSmartphone makers are increasingly leaning into generative AI to sell their devices...
Continue ReadingAccording to data from S&P Global Market Intelligence, Amazon.com Inc (NASDAQ: AMZN), Google-parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Microsoft Corporation (NASDAQ: MSFT), Meta Platforms (NASDAQ: META) and Apple Inc (NASDAQ: AAPL) hold the highest cash and short-term investment balances among nonbanking companies in the S&P 500 community. Although they are not hurting cash-wise, they are also quite careful about their spending. Amazon and Google-parent Alphabet entered the new year by anno...
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Deutsche Bank analyst Benjamin Black upgraded social-media firm Snap to Buy from Hold, and lifted his target price to $19 from $10...
Continue ReadingEPAM Systems (EPAM) collaborates with Alphabet's Google Cloud to launch its Retail Media Orchestration Toolkit...
Continue ReadingThe media/entertainment industry's reckoning will continue in 2024 with more layoffs underway...
Continue ReadingGoogle said it planned to lay off more employees this year but at a smaller scale than in 2023, when it cut more than 12,000 workers as part of large trims across the tech industry. Chief Executive Sundar Pichai told employees in a Jan. 17 memo the company would have to make tough choices as it funded investments in areas like artificial intelligence...
Continue ReadingElectronic Arts' (EA) third-quarter fiscal 2024 results are expected to benefit from steady demand for its digital and live services...
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