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The Latest Breaking News from Alphabet

Google middle managers hoping for a big promotion better think again

CEO Sundar Pichai is cutting back on large pay rises, as investors demand management take more forceful action to reduce its bloated cost base.

Fortune

Google boss Sundar Pichai says staff are bemoaning office ghost towns—‘not a nice experience’

The search engine giant is facing what is likely its greatest competitive threat since it was founded in 1998, forcing Pichai to make tough choices on costs.

Fortune

Has Alphabet Stock Bottomed or Are More Losses on the Way?

Alphabet stock is working on its sixth daily rally. Has it put in its low and can it continue higher from here?

The Street

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Big Tech companies aren't afraid of antitrust regulators, but they sure do dance for activist hedge funds

To judge by recent multibillion dollar deals, antitrust worries are not causing companies like Amazon or Microsoft to back off big acquisitions. But pressure from activist investors is a different story.

Fortune

Indexes Close Near Session Highs As Yields Ease; Tesla China Deliveries Jump

Most sectors in the S&P 500 did well in the afternoon, while the defensive consumer staples sector lagged the rest.

Investors Business Daily

Elon Musk Feels a Little Guilty

The billionaire entrepreneur and staunch supporter of artificial intelligence calls for regulation of this revolutionary new technology.

The Street

What It Will Take For Tesla To Be Worth $1 Trillion Again

Tesla stock has a long way to go to return to the $1 trillion value club in the S&P 500. Here's what analysts think.

Investors Business Daily

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A Q&A with Laela Sturdy, the brand new head of CapitalG

CapitalG’s Laela Sturdy has led some of the fund's most prominent investments including Stripe, Duolingo, and UiPath.

Fortune

Apple Is Still The Richest Company — By Squatting On Your Money

Apple is still the king of cash in the S&P 500. But it's doing it by squatting on money that should go back to you — the investors.

Investors Business Daily

YouTube's unusual 'wartime' CEO

Mohan may not have the fiery demeanor of some of his fellow internet platform CEOs, but insiders warn that it's a mistake to underestimate him.

Fortune

Buy the 10% Dip in Microsoft Stock? Check the Chart for Support.

Microsoft stock has pulled back over 10% in the past two weeks. Is that a deep enough dip to buy?

The Street

Layoffs at Google parent company include robots that cleaned its cafeteria

No one, human or otherwise, is safe from cost-cutting.

Fortune

Google contractors on strike in Austin hope to rally support among tech workers

The several dozen contractors for YouTube Music are fighting a push to return to in-person work. Their strike has gained the support of U.S. Sen. Bernie Sanders, I-Vermont, and U.S. Rep. Greg Casar, D-Austin.

The Texas Tribune

Google excludes thousands of workers from benefits, report says

Google’s minimum wage and benefits for contractors are withheld from thousands of its U.S. contract workers, a new report from a union alleges.

Tribune News Service

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Irish Mirror

Google set to cut 240 jobs in Ireland in another blow for tech sector

Alphabet, Google's parent company, is cutting 12,000 jobs globally - with around 240 expected at Google's HQ in Dublin

Dublin Live

Google to lay off 240 Irish staff as part of global job cuts

The announcement comes amid uncertainty in the tech industry with many firms announcing job cuts in recent months

Fortune

YouTube CEO Susan Wojcicki's exit costs Silicon Valley one of its most influential female executives

She famously rented her garage to Google cofounders Larry Page and Sergey Brin in 1998.

Inverse

ChatGPT Could Make Tech Feel More Human — But Don’t Treat It Like One, AI Experts Say

Chatbots could make tech more convenient, but they could also pose new risks.

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Asharq Al-Awsat

Google, Twitter, Meta, Apple Face Tougher EU Online Content Rules

Alphabet Inc's Google, Facebook parent Meta Platforms Inc, Twitter and Apple face stricter EU online content rules, based on monthly user numbers published by the companies, which exceeded an EU threshold for big online platforms. The new rules known as the Digital Services Act (DSA) label companies with more than…

The Street

Elon Musk, Others Call For Microsoft to Shut Down ChatGPT in Bing: 'Clearly Not Safe Yet'

After the new AI-powered Microsoft search engine rolled out last week, users testing it are finding some unexpected results.

The Independent UK

YouTube CEO steps down, severing longtime ties to Google

Susan Wojcicki, a longtime Google executive who played a key role in the company’s creation, is stepped down as YouTube’s CEO after spending the past nine years running the video site that has reshaped entertainment, culture and politics

Fortune

Can you make money following activist investors into a stock? It depends

Following an activist investor into a stock might not offer as big a financial win as expected. Here’s what to consider.

Fortune

Microsoft's demo of Bing AI also made factual errors

Tech leaders are increasingly warning that A.I. programs like ChatGPT and Google's Bard can give convincing, yet entirely incorrect, answers.

The Street

Cathie Wood's Chief Futurist Succinctly Explains His Firm's Dire Warning on Google

Ark Invest's Brett Winton's doom scenario for Alphabet includes his thoughts on its upcoming four stages of grief.

Fortune

Tech's two obsessions: Layoffs and ChatGPT

A.I. is no longer deemed experimental at Big Tech companies.

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