Sean Downey, who oversees ad sales to big customers in the Americas, said at a department-wide meeting last week that Google plans to restructure its ad sales teams without specifying whether the move would include layoffs, according to the report. Google intended to consolidate staff, including through possible layoffs, by reassigning employees at its large customer sales unit who oversee relationships with major advertisers, the report said, citing another person briefed on Google's plans. The planned reorganization comes as Google is relying more on machine-learning techniques to help customers buy more ads on its search engine, YouTube and other services, the report added...
Continue ReadingAlphabet-owned Google plans to reorganize a big part of its 30,000-person ad sales unit, The Information reported on Tuesday, citing a person with knowledge of the situation. Sean Downey, who oversees ad sales to big customers in the Americas, said at a department-wide meeting last week that Google plans to restructure its ad sales teams without specifying whether the move would include layoffs, according to the report. Google intended to consolidate staff, including through possible layoffs, by reassigning employees at its large customer sales unit who oversee relationships with major advertisers, the report said, citing another person briefed on Google's plans...
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Continue ReadingGoogle's $700 million antitrust settlement is part of a series of legal battles that are eroding Big Tech's control over checkout, cracking a door for other transaction processors and the bank-led Paze wallet from Zelle's developers...
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Continue ReadingIn 2023, AI took center stage, with tech giants like Nvidia (NVDA), Google (GOOG, GOOGL), and Microsoft (MSFT) driving the AI hype cycle. Losing momentum over the past year, did the AI frenzy steal all of metaverse's thunder? Wagner James Au, Author of Making a Metaverse That Matters, joins Yahoo Finance Live to weigh in on the metaverse’s outlook for 2024 and whether a comeback is possible. “The metaverse is all about community and user engagement,” insists Au, who believes that AI will need to rely on the metaverse users for development. Au notes that Roblox (RBLX) is a stand-out star among metaverse platforms. Follow along with Yahoo Finance's 2024 Investor Guide for more expert insight, or click here to watch this full episode of Yahoo Finance Live...
Continue ReadingThe European Union’s crackdown on technology companies is failing to target Chinese tech giants while unfairly scrutinising Silicon Valley rivals, US politicians have said...
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Continue ReadingIntel's unveiling of new chips like Gaudi3 failed to impress Wall Street as the stock barely moved after announcement. Find out why INTC stock is a Sell...
Continue ReadingGoogle has agreed to pay $700 million and to allow more competition in its Play app store, according to the terms of an antitrust settlement with US states and consumers filed in federal court on Monday...
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