Tag Archives: tech

(Bloomberg) — Stocks came under pressure as a trio of tech heavyweights fell, with traders wading through mixed economic data in the run-up to Jerome Powell’s testimony to Congress. Most Read from Bloomberg Equities lost traction after a rally that has spurred concern about sky-high valuations — especially in megacaps, leaving the group vulnerable to big moves in the face of bad news. Apple Inc.’s iPhone woes in China deepened while Advanced Micro Devices Inc. hit a US roadblock in… Source link

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google on Tuesday outlined changes to search results and new tools for apps developers to promote their products on third-party apps and rival app stores as part of efforts to comply with landmark EU tech rules seeking to curb Big Tech’s power. Designated as gatekeepers controlling millions of users and businesses’ access to their platforms, Google, Amazon, Apple, Microsoft, Meta Platforms and TikTok owner ByteDance will have to be compliant with… Source link

More than 600 Google workers and counting have signed a letter addressed to Google marketing leadership demanding that it drop its sponsorship of Mind the Tech, an annual conference promoting the Israeli tech industry taking place in New York this week. “Please withdraw from Mind the Tech, issue an apology, and stand with Googlers and customers who are despairing over the overwhelming loss of life in Gaza; we need Google to do better,” reads the letter, which was seen by WIRED. The two-day… Source link

European news media companies sued Google for roughly $2.1 billion in damages Wednesday over allegations that the tech giant’s ad technology practices have harmed them.   The case, filed by more than 30 European news media companies, including the German-based company Axel Springer that owns Politico, is the latest challenge to the California-based company over its ad technology, including a case launched by the Department of Justice last year.   The companies suing… Source link

FORT WAYNE, Ind. (WANE) — Normally, computers and water don’t mix, but the new data center set for southeast Fort Wayne needs both. At Tuesday’s Fort Wayne City Council meeting, the body approved more than $8 million to build both a sewer and extend a water main to support Google’s new data center, known under the name “Project Zodiac.” “One of them is for water and one of them is for sewer,” said Michael Kiester, manager of engineering with Fort Wayne City… Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Getting old sucks, and I don’t like it one bit. My hair is thinning. I don’t wake up at 1:45 a.m. each day with the same fiery energy to obsess over markets and stocks. I am down to eating red meat three times a month “just because” it’s what people have told me is the right thing to do at this point in life. From what I can tell, one of the only positives of getting old is… Source link

LONDON — It’s not just you. A lot people think Google searches are getting worse. And the rise of generative AI chatbots is giving people new and different ways to look up information. While Google has been the one-stop shop for decades — after all, we commonly call searches “googling” — its longtime dominance has attracted a flood of sponsored or spammy links and junk content fueled by “search engine optimization” techniques. That pushes down genuinely useful results. A recent… Source link

LONDON (AP) — It’s not just you. A lot people think Google searches are getting worse. And the rise of generative AI chatbots is giving people new and different ways to look up information. While Google has been the one-stop shop for decades — after all, we commonly call searches “googling” — its longtime dominance has attracted a flood of sponsored or spammy links and junk content fueled by “search engine optimization” techniques. That… Source link

All episodes Subscribe iTunes RSS feed Google Podcasts Spotify Castbox Yandex.Music Yandex’s restructuring and the future of Kremlin tech control 00:0027:30 After a year and a half of negotiations, Yandex founder Arkady Volozh and the company’s foreign shareholders have reached a deal to part ways with Yandex’s Russian assets. The Russian IT giant’s Netherlands-based parent company announced Monday, February 5, that it will sell a large portion of its operations to a consortium of Russian… Source link

Six of the tech stocks comprising the Magnificent Seven — Alphabet (GOOG, GOOGL), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Tesla (TSLA) — have reported earnings this season. What are tech investors learning from these results? Yahoo Finance Tech Editor Dan Howley breaks down the two biggest lessons expressed in mega-cap tech company performances: AI and the importance of fundamentals. For more expert insight and the latest market action, click here to watch… Source link