Tesla stock has risen too fast this year based on numerous uncertainties around the EV maker’s business, JP Morgan analyst Ryan Brinkman argues. “Tesla’s softer trend and below-consensus adjusted automotive gross margin comes before the impact of large price reductions that will primarily be felt beginning in the first quarter,” Brinkman said in a new client note. “As such, we view margin trajectory negatively and expect that consensus margin expectations are likely to decline.” Brinkman… Source link

Google has made impressive inroads against cloud leader AWS by aggressively open sourcing projects such as TensorFlow and Kubernetes. It’s true AWS makes more money than Google (or anyone else) by operationalizing this open source code, but Google’s open source strategy continues to deliver impressive dividends. That’s why it’s so baffling that the company has laid off some of its best and brightest in open source. People like its longtime open source… Source link

Google has made impressive inroads against cloud leader AWS by aggressively open sourcing projects such as TensorFlow and Kubernetes. It’s true AWS makes more money than Google (or anyone else) by operationalizing this open source code, but Google’s open source strategy continues to deliver impressive dividends. That’s why it’s so baffling that the company has laid off some of its best and brightest in open source. People like its longtime open source… Source link

Yahoo Search seems like it will be making a come back in the future. Yahoo has been dropping hints over the past couple of weeks related to this return and is also hiring a Principal Product Manager for the Yahoo Search platform to help lead these initiatives. The job posting. Yahoo posted a job listing for a “Principal Product Manager, Yahoo Search” a few weeks ago. The job posting, in part, reads, “We’re looking for a Product Manager for… Source link

Chinese internet company Baidu is readying the launch of its own artificial-intelligence-powered chatbot, similar to ChatGPT, according to reports.  Baidu (ticker: BIDU) plans to integrate the chatbot into its main search engine in March, as well as making an independent website for users to access the tool, The Wall Street Journal reported, citing people familiar… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, January 30, 2023 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. The markets are off to a rocking start this year, making this a bizarre time to be an investor. Bizarre primarily… Source link

In the early 2000s and even before that, people were able to recognise popular artists or bands just by listening to their songs, but with the recent advancement in the music industry, particularly with regard to autotuning, most listeners can’t guess who sang unless they view the song description. Now, Google is reportedly working on smart Artificial Intelligence (AI)-based bot MusicLM that can dish out catchy music beats with just text description. Google AI bot makes use of 280,000 hours… Source link

It’s hard to imagine the internet without Google. The tech giant has become so synonymous with searching the web that it has become a verb – we don’t look it up, we “Google it”. Google ended 2022 as it ends every year, as the most visited website in the world. Its estimated share of the search engine market stands at 92% (Microsoft‘s Bing is its closest rival, on 3%). On the surface, it might not like a landscape that’s ripe for change but don’t be so sure. The launch of ChatGPT,… Source link

Google’s head of mental health and wellbeing was laid off after 15 years working for the company. Kristin Maczko said it had been her “dream role,” and that many people on her team were let go. Current and former Google staff say they can’t find the rationale behind the layoffs. … Source link

A former Google employee has accused the tech giant of firing him after he rejected a woman executive’s alleged advances, according to a lawsuit filed in November. Ryan Olohan claimed that Tiffany Miller felt him up during a company dinner at Chelsea, Manhattan, in December 2019, The New York Post reported. Olohan, 48, said Miller, director of Google’s programmatic media, groped Olohan’s torso, complimented his body, and told him her marriage was devoid of “spice”, the lawsuit… Source link