Tag Archives: dollars

Google has been quietly striking deals with some publishers to use new generative AI tools to publish stories, according to in Adweek. The deals, reportedly worth tens of thousands of dollars a year, are apparently part of the Google News Initiative (GNI), a six-year-old program that funds , , and other resources for newsrooms. But the move into generative AI publishing tools would be a new, and likely controversial, step for the company. According to Adweek, the program is currently… Source link

Photo: MIA Studio (Shutterstock) The sci-fi author Stephen R. Donaldson said that “Everything dies, from the smallest blade of grass to the biggest galaxy.” A few years ago, I might have told you that’s true—about everything except Google and Meta’s ad businesses. My, how times change. Google and Meta control less than 50% of digital ad spending for the first time since 2014, a trend that’s poised to accelerate over the next few years, according to Axios. Citing predictions from… Source link

Elon Musk may have gotten a steal in purchasing Twitter at $44 billion, according to one of the platform’s former execs, provided he can suck value out of the platform by launching new features and cutting costs. “It’s really up to the team to execute the way they see fit, but I think they should have billions of users given the content they have that’s so valuable,” former Twitter CFO and COO Anthony Noto said on Yahoo Finance Live (video above). “And they should be valued in hundreds of… Source link

Netflix stands to haul in big bucks over the next few years from the launch of its first ad-supported tier, estimates JPMorgan. Analyst Doug Anmuth estimated in a new note on Monday Netflix could drive 7.5 million subscribers to its ad-supported tier in its US/Canada segment in 2023. That alone will help drive $600 million in advertising sales in 2023 for the segment. Anmuth expects those numbers to swell by 2026 as Netflix’s execution on selling ads improves. By 2026, Anmuth thinks Netflix’s… Source link

Britta Pedersen/Getty Images; Twitter; Rachel Mendelson/Insider Elon Musk’s decision to kill the $44 billion Twitter deal means banks could lose a “nine-figure” payday. Musk’s and Twitter’s financial advisors could pocket up to $192 million if the deal closes. The billionaire faces an uphill battle to call off the deal as he has to prove there’s been a material adverse effect on the transaction. Elon Musk’s ‘will-he-won’t-he’ dance to buy Twitter took a turn on Friday after the billionaire said… Source link

Elon Musk could face paying billions after walking away from the Twitter deal.Angela Weiss/Getty Images Elon Musk may be on the hook for billions after abandoning his Twitter deal, an NYU professor said. Musk walked away from the deal Friday, blaming its failure to disclose the number of fake accounts. Experts told Reuters that Twitter may try to negotiate a lower price with the Tesla CEO. Elon Musk could face paying out billions of dollars after walking away from a deal to buy Twitter, an… Source link

Yasin Ozturk/Anadolu Agency via Getty Images Musk said Tesla was losing billions of dollars at its new factories because of supply-chain snags. The CEO has complained about supply-chain shortages in the past. Musk is one of many auto executives who have said shortages may further hurt the industry. Elon Musk said during a recent interview that electric-car-battery shortages and supply-chain snags were costing Tesla billions of dollars. “Both Berlin and Austin factories are gigantic money furnaces… Source link

(Bloomberg) — Dethroning the dollar is easier said than done. Most Read from Bloomberg That’s the conclusion of investors after Washington’s freeze of Russia’s dollar holdings created fresh impetus among central bankers to rethink the security of access to foreign-exchange reserves. The move fueled speculation that countries such as China could redouble efforts to unshackle itself from greenback-denominated financial systems and look for alternatives. While Goldman Sachs Group Inc. and… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 26 (Reuters) – Alphabet Inc’s (GOOGL.O) Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary… Source link

Google’s $500 million acquisition of Israel-based startup Siemplify is supposed to help the company bolster its own cloud security initiative, Chronicle, according to a report from Reuters. In a blog post announcing the deal, Google describes Siemplify as a security orchestration, automation, and response (SOAR) organization and plans to integrate its capabilities into Chronicle. “Siemplify allows Security Operation Center analysts to manage their operations from end-to-end”