U.S. stocks moved lower at the open Friday as investors weigh in on fresh data that shows consumer spending rose at a slower pace in December, a closely watched measure by the Federal Reserve. The S&P 500 (^GSPC) edged down 0.2%, the Dow Jones Industrial Average (^DJI) was flat. The technology-heavy Nasdaq Composite (^IXIC) declined by roughly 0.2%. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.52% from 3.497% on Thursday. The dollar index added 0.28% to $102.12. WTI… Source link

Comment on this story Comment Three months before ChatGPT debuted in November, Facebook’s parent company Meta released a similar chatbot. But unlike the phenomenon that ChatGPT instantly became, with more than a million users in its first five days, Meta’s Blenderbot was boring, said Meta’s chief artificial intelligence scientist, Yann LeCun. “The reason it was boring was because it was made safe,” LeCun said last week at a forum hosted by AI consulting company Collective[i]. He… Source link

CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images The Department of Justice’s latest challenge to Google’s tech empire is an ambitious swing at the company with the potential to rearrange the digital advertising market. But alongside the possibility of great reward comes significant risk in seeking to push the boundaries of antitrust law. “DOJ is going big or going home here,” said Daniel Francis, who teaches antitrust at… Source link

Economists may be on recession watch, but American Express (AXP) CEO Stephen Squeri says he still isn’t seeing spending trends that would suggest a downturn is in the cards. “We aren’t seeing recessionary signals,” Squeri told Yahoo Finance moments after the card giant’s fourth-quarter earnings hit the wires. AmEx saw fourth-quarter sales at its U.S. consumer services and commercial segments rise 23% and 15%, respectively. The credit card giant guided to full-year sales growth of 15% to 17%…. Source link

A Google engineer said survivors of the recent mass layoffs cried in meetings the day of the cull. Two engineers told Insider some remaining staff were worried about further job cuts. Google is now “just another big company,” one said. … Source link

Google shared some tips on staying safe on Chrome for Data Privacy Day, which is tomorrow, January 28. It also revealed Chrome for Android is getting a new feature, allowing you to lock Incognito tabs when you leave the app. A new privacy setting lets you unlock these tabs with a screen lock, be it with biometric info, PIN or pattern. Chrome for Android screenshots The feature is pretty straightforward. When Chrome is opened, and you want to use the Incognito tabs after the… Source link

Google’s Chrome browser has long been criticized for being a system resource hog, which is why Chromium developers have been busy working on ways to free up memory and keep things running smoothly when users have multiple windows and tabs open. The latest effort in that regard comes in the form of Memory Saver, a new feature that deactivates open tabs you haven’t used in a while so that the tabs you are using offer the smoothest possible experience. With Memory Saver enabled, your inactive… Source link

Goldman Sachs sees one heck of an electrified move in Tesla stock (TSLA) over the next twelve months. Analyst Mark Delaney, who maintained a Buy rating and $200 price target on the stock, reiterated his case in a note following Tesla’s earnings on Wednesday. The price target assumes about a 25% upside from the stock’s current levels. “Given the focus of investors on Tesla’s delivery volumes in particular (and the importance of volume for its vertically integrated model and the cost benefits… Source link

Many of Google’s offerings will soon be updated to provide clear and accurate information in compliance with consumer protection laws in the EU. Announced by the European Commission on Thursday, the Alphabet-owned company has agreed to introduce changes to Google Store, Google Play Store, Google Hotels, and Google Flights following discussions with the Consumer Protection Cooperation Network (CPC) in 2021. “We see an increasing number of consumers turn to the internet to book their… Source link

A media outlet founded by conservative influencer Ben Shapiro paid Google to advertise on search pages questioning whether the climate crisis is real, according to new research from a disinformation watchdog group. The Daily Wire bought ads on search terms over the past year such as “climate change is a hoax” and “why is climate change fake,” meaning that when people Googled these phrases, stories from Shapiro’s outlet were some of the first results that appeared, the research… Source link