TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
Read More »Australian regulator rejects Google’s undertaking to ease competition concerns on Fitbit deal
TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
Read More »Google’s Aramco Deal Risks Irking Staff Over Oil, Politics
TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link
Read More »Google’s Trial in Justice Department’s Antitrust Case Set for September 2023
WASHINGTON—Government antitrust cases challenging Google’s business practices are going to be a long road in court. U.S. District Judge Amit Mehta in Washington said Friday it will be almost three years before a trial begins in the Justice Department’s antitrust lawsuit alleging Google uses a web of exclusionary agreements and other tactics to preserve a monopoly for its flagship search engine and related advertising… Source link
Read More »Google’s Android Things platform will shut down in a little over a year
TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link
Read More »Google’s Legal Peril Grows in Face of Third Antitrust Suit
The states said they worked closely with the Justice Department in their investigation. They interviewed hundreds of witnesses from Google and rival companies and collected more than 45,000 private documents as evidence. Thursday’s announcement reflects the deep interest among regulators around the world in Google’s signature search product. In Europe, regulators fined Google roughly $2.7 billion for privileging its own comparison shopping tool over those produced by independent websites…. Source link
Read More »Google’s Fitbit acquisition wins EU approval
Google’s acquisition of Fitbit is nearing completion now that the European Commission has approved the search giant’s $2.1 billion takeover of the wearable tech company. When Google announced the acquisition in November 2019, Google hardware chief Rick Osterloh said that the Fitbit purchase was “an opportunity to invest even more in Wear OS as well as introduce Made by Google wearable devices into the market.” But regulators quickly got involved, and in August, they formally
Read More »Google’s AI unit DeepMind swallows £1.6bn as losses continue
Google’s UK-based artificial intelligence unit DeepMind lost half a billion pounds last year, a similar figure to 2018, and its parent company Alphabet wrote off a further £1.1bn in debt, according to its latest accounts. The figures underline the huge investment that Google continues to make in the London-based AI team that it acquired in 2014 for about £400m, with the most talented machine-learning researchers able to command huge salaries. DeepMind’s revenues,… Source link
Read More »Google’s new storage policy will delete account data after two years of inactivity
Google’s announcing some new policy changes surrounding the use of Gmail, Docs, and Google Photos. In an effort to purge unused storage, Google is updating its policy to delete users’ data from its most popular services on accounts that are inactive for more than two years. This is noted on Google’s Help site. Beginning on June 1, 2021, Google will enact a new policy that applies to the storage on several of its services. As early as June 1, 2023, Google will delete data from Drive,… Source link
Read More »Timnit Gebru: Tensions in Google’s ethical AI group increase as it sends demands to Sundar Pichai
The letter, sent to CEO Sundar Pichai, is titled “The future of Ethical AI at Google.” It lays out the moves the researchers want the company to make in order to “rebuild trust” with the team and create an environment in which they can continue their work. The team researches the ethical repercussions of artificial intelligence and advises the company on AI policies and products. It comes in the wake of the sudden exit of Timnit Gebru, who until early December was the co-leader of Google’s… Source link
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