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The Latest Breaking News from Alphabet

Alphabet CEO Sundar Pichai says that A.I. could be ‘more profound’ than both fire and electricity—but he’s been saying the same thing for years

In 2018, the Alphabet CEO pointed out how humans found a way to harness fire despite its perils. He sees the same happening with artificial intelligence.

Fortune

Stocks Undercut by Higher Bond Yields and Weakness in Chip Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. U.S. stock indexes this morning are mixed. An increase...

Barchart

Markets Today: Stock Index Futures Mixed on Pressure from Higher Bond Yields

Morning Markets June S&P 500 futures (ESM2 3) this morning are up +0.02%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.03%. U.S. stock index futures this morning are mixed. An increase in M&A activity is positive for stocks after Merck said it would acquire Prometheus Biosciences for...

Barchart

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Google CEO Sundar Pichai says A.I. is 'more profound than fire'

Google was reportedly in a "panic" after Samsung considered choosing a different search engine as the default on its smartphones.

Fortune

Five Waymo Robotaxis Blocked SF Traffic Because Of Heavy Fog

Early Tuesday morning, no less than five of Waymo’s robotaxis blocked traffic on a residential street in San Francisco's Balboa Terrace neighborhood, apparently baffled by thick fog that covered the southwestern part of the city.

InsideEVs

Twitter company ‘no longer exists,’ is now part of Musk’s X

Twitter Inc. has ceased to be an independent company after merging with a newly formed shell firm called X Corp., driving speculation about what Elon Musk intends for the social media platform.

Tribune News Service

How to invest in the A.I. boom: 11 stocks and 4 funds to buy now

Generating returns in your portfolio from the growing field of artificial intelligence.

Fortune

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Google's looming AI integration into Search should scare the hell out of Microsoft

Google CEO Sundar Pichai says there is a roadmap for integrating Chat AI into the world's most popular search engine

TechRadar

Google plans to add Bard AI to its search engine

The timeline, though, is murky.

Fortune

Best Cash Cows to Buy

These cash cows and their bulletproof balance sheets are built to weather Wall Street's and Main Street's prevailing storms.

Kiplinger

Google's 'Ghost Workers' are demanding to be seen by the tech giant

Google has a massive workforce of subcontractors to help maintain its search engine and now they're asking for more labor rights.

WEKU

Alphabet reportedly asks to have DOJ case against it dismissed

A new court filing from Alphabet this week indicates the lawsuit filed early this year fails to define what the online advertising market actually is.

Android Central

Alphabet Trading at Bargain Prices?

After this year’s rally in technology stocks pushed the valuations of most megacap stocks to excessive levels, shares of Alphabet (GOOGL ) are an exception. Alphabet is the only one of the five biggest technology companies by market cap priced at a discount to the Nasdaq 100 Stock Index ($IUXX...

Barchart

Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

Fortune

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Alphabet Short Strangle Could Net $130 In 3 Weeks

Alphabet is currently showing high volatility with an IV Percentile of 73% and an IV Rank of 56%. A short strangle aims to profit from a drop in implied volatility, with the stock staying within an expected range.

Barchart

3 Companies Leading the Charge to the Driverless Car Future

In 1962, the Jetsons gave the world the idea that we would all have flying cars very soon. 61 years later, flying cars are still not a reality. However, a fully driverless vehicle IS a reality and may be the norm for everyone in just a few years. Here are…

Barchart

Disney Dumps Metaverse Aspirations. That Was an Easy Decision

The first of Disney’s 7,000 job cuts have begun to happen. One of the decisions was to eliminate approximately 50 jobs from its metaverse-driven next-generation storytelling unit. The move makes abundant sense. Here’s why.

Asharq Al-Awsat

Alphabet Seeks Dismissal of US Antitrust Lawsuit over Google's Online Ads

Google parent Alphabet asked a US federal judge on Monday to dismiss a Justice Department lawsuit alleging that the search giant illegally abused its dominance of online advertising. The government, which filed the ad tech lawsuit in January along with eight states, had argued that Google should be forced to…

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Barchart

Shorting Google Puts is Popular as the Stock Remains Cheap

Alphabet stock is up 18% since Feb. 28 as investors worried about AI chatbot competitors. Shorting puts to lower buy-in costs and create income has done well and could help going forward.

ABC News

Failing banks and mass layoffs: Is the 15-year tech boom finally over? What went wrong?

The 15-year tech boom has ended with rounds of mass layoffs and a recent series of high-profile bank collapses. So what went wrong and will Silicon Valley ever be the same?

IT Pro

ChatGPT privacy flaw exposes users’ chatbot interactions

OpenAI has revealed a privacy flaw in its popular chatbot ChatGPT temporarily allowed users to see the conversation titles of other users in their chat history. Users on Reddit and Twitter started reporting the bug on 20 March and shared screenshots indicating that their ChatGPT web history contained titles they…

Fortune

PayPal mafia veteran Keith Rabois thinks Google hired engineers to do 'fake work'

The PayPal Mafia veteran claimed new hires were given "fake work", adding that mass layoffs seen in the sector are overdue.

Fortune

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

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.

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