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The Latest Breaking News from Alphabet

Two years ago, the Australian parliament passed the News Media Bargaining Code, which forced Meta (Facebook) and Alphabet (Google) to compensate media outlets for news content shared on their platforms. The law has been a remarkable success, with Australian media outlets now receiving more than A$200 million (about 6.9 billion…

Bangkok Post

OpenAI’s Sam Altman and Google’s Sundar Pichai are now begging governments to regulate the A.I. forces they’ve unleashed

A.I. is “too important not to regulate well,” Pichai wrote, while Altman suggested that a body like the IAEA would soon be needed to oversee A.I.

Fortune

Commentary: Laid off from Silicon Valley? Try public service

The last few months have not been good for tech workers. Groupon laid off 500 employees, Spotify axed 600, Yahoo nixed 1,600, Paypal cut 2,000, Salesforce let go of 7,000, Microsoft fired 10,000, and Alphabet — Google’s parent company — parted ways with 12,000. Meta, the company behind Facebook, Instagram,…

Tribune News Service

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Large Unusual Put Options Activity in Alphabet Stocks Today - What We Can Learn

A large increase in put options in Alphabet stock (GOOG, GOOGL) today. These trades can be analyzed to see if we can learn from them, as they are likely initiated by hedge funds.

Barchart

Cisco Systems a Laggard in Tech Stock Rally

While most mega-cap technology stocks have posted impressive rallies this year, the performance of Cisco Systems (CSCO ) is an exception. With technology stocks such as Alphabet (GOOGL ) and Apple (AAPL ) soaring more than +30% this year, Cisco Systems is down -1.5%. While growth in other mega-cap tech...

Barchart

Artificial Intelligence Discussion a Factor in Stock Performance

Top company executives are mentioning artificial intelligence (AI) this earnings season, which has become a factor in determining companies’ stock performance. According to transcripts analyzed by Bloomberg, there have been around 1,600 mentions of AI by U.S. and European companies in this season’s quarterly conference calls, a record number. Interest...

Barchart

Silicon Valley's latest casualty: summer internships

Tech summer internships, famous for giving college students a taste of Silicon Valley life, are among the most sought after gigs. This year, there will be fewer of them.

Fortune

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Stocks Settle Mixed as Tech Gains on Alphabet and Lower Bond Yields

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.66%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.31%. Stock indexes Thursday settled mixed. An -8% slump in...

Barchart

Up 32% In 2023, Will Alphabet’s Stock Continue to Outperform?

Alphabet's stock is up 32% in 2023. Will this tech stock continue to move higher, or will shares pull back in the next 12 months?

Barchart

US, UK governments make weak plea to AI companies: 'The private sector has an ethical, moral, and legal responsibility'

Too little too late?

PC Gamer

Apple CEO Tim Cook: Mass layoffs are a 'last resort'

Apple hired fewer people than its peers during the pandemic, and so has avoided giant layoffs even as Meta, Amazon and others cut tens of thousands of jobs.

Fortune

Apple posts better-than-anticipated earnings fueled by iPhone sales

Positive report comes after company’s rare stumbles on revenue, profit and sales in February and highlights strength of the brand

The Guardian - US

UK and US intervene amid AI industry’s rapid advances

Competition and Markets Authority sends ‘pre-warning’ to sector, while White House announces measures to address risks

The Guardian - UK

A.I. could rival human intelligence in ‘just a few years,’ says CEO of Google’s main A.I. research lab

Advanced A.I. that’s at least as intelligent as humans could happen “within a decade,” for better or worse.

Fortune

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The Guardian - US

Brazil receives pushback from tech companies on ‘fake news’ bill

Brazilian government has accused Alphabet of interference after it placed advertising on its search homepage and YouTube

Zenger

How Amazon, Microsoft, And Google Report Their Quarter 1 Earnings

How Google is benefiting from NFL Sunday Ticket to increase their revenue while Microsoft and Amazon is recovering from 2022.

Fortune

Apple and Nvidia will tell a different side of the tech earnings story

Apple is preparing for its next big product release, while Nvidia is carrying all the hopes and hype of A.I. on its back.

Bangkok Post

Asian shares revive after big US tech rally

RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

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Fortune

The Google Brain-DeepMind merger is probably good for Google. It might not be for us

Alphabet needs to get more out of its A.I. research spending. But Google's gain could wind up being our loss.

Fortune

Social media's battle for creators comes to earnings calls

But some platforms, like Alphabet's YouTube, gave creators more love than others this quarter.

Fortune

For A.I. to become a force for good, trust must come first

Governments and industry leaders will need to work together to set guardrails for the emergent tech.

Barchart

Alphabet Iron Condor Could Net 22% In 3 Weeks

Alphabet is stuck in a trading range at the moment and that could mean it’s a good time for an iron condor trade.

Android Central

Amazon earnings highlight a fairly positive quarter for Big Tech despite big cuts

Amazon reported more than $127 billion in revenue in its Q1 2023 financial earnings report.

Fortune

YouTube touts Shorts as its 'number one' hope for growth

It is paying better than the other platforms for the bulk of creators, according to creators interviewed by Fortune.

ABC News

ASX falls, Japan's Kirin to buy Blackmores for $2 billion, Wall St eases as First Republic banking crisis outweighs tech profits — as it happened

The Australian share market has fallen for the fifth session in a row, and vitamins firm Blackmores has soared after Japan's Kirin Holdings announced it would buy the natural health company for nearly $2 billion.

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