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The Latest Breaking News from Google

Google Search Celebrates 25 Years Since Launch, Remains Dominant Player

Alphabet's search engine continues to lead the market with 91.8% share, despite competition from Microsoft's Bing.

Zenger

Canadian media is far too reliant on U.S. tech. Here's what the government can do about it

Meta’s blocking of Canadian news on its social media sites, Facebook and Instagram, poses serious problems for Canadian media. Outlets that rely on social media to reach their target audiences will likely struggle to get by. However, the problem also creates an opportunity to rethink communication funding in Canada.

The Conversation

Microsoft-backed OpenAI Eyes $90 Billion Valuation In Share Sale

The AI giant aims to triple its fortunes with a stake sale, attracting interest from existing shareholders.

Zenger

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Google’s antitrust showdown with US could ‘dramatically change’ competition

The case could also impact how new technologies like AI are marketed to consumers, experts said.

Al Jazeera

Is Alphabet (GOOGL) a Buy? And 2 More Internet Stocks to Watch

The internet industry is poised to thrive on the backs of relentless innovation and ever-growing demand. Therefore, investors could keep an eye on two sound internet stocks: Match Group (MTCH) and Pinterest (PINS). However, could tech behemoth Alphabet Inc. (GOOGL) be a worthwhile investment? Keep reading to find out….

StockNews.com

Maybe Google Is Popular Because It's Good?

The Department of Justice undervalues consumer preference in its latest antitrust efforts.

Reason

‘Different set of rules’: how FTC head Lina Khan is fighting tech giants such as Amazon

Youngest ever Federal Trade Commission chief and antitrust scholar is suing Amazon in latest effort to take on big tech – not always with success

The Guardian - US

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Google Doodle: Everything you need to know about Google’s 25th birthday

Google is celebrating its 25th birthday with a Google Doodle and some interactive features

Evening Standard

Google celebrates 25th birthday with a special doodle

Search engine giant Google turned 25 on Wednesday. Marking the special occasion, the company unveiled a special doodle on its homepage. Read further on Dynamite News:

Dynamite News

A threat to Amazon and a test of the FTC: is this big tech’s antitrust reckoning?

At the core of the case is whether the company used its position to disadvantage rivals and the power of the agency to rein in tech firms

The Guardian - US

US government accuses Amazon of using its power to inflate prices

Federal Trade Commission and 17 states sue retail giant in major antitrust case

The Guardian - US

Amazon Invests $4 Billion In AI Startup Anthropic To Unlock AI Potential

Investment highlights Amazon's commitment to AI, boosts competition with tech rivals and revenue growth

Zenger

Anthropic’s CEO says why he quit his job at OpenAI to start a competitor that just received billions from Amazon and Google

Anthropic CEO Dario Amodei has raised billions from Amazon, Google, and Salesforce.

Fortune

U.S. sues Amazon in a monopoly case that could be existential for the retail giant

The Federal Trade Commission and 17 states accuse Amazon of suffocating rivals and raising costs for both sellers and shoppers.

WEKU

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Barchart

Alphabet Stock Holds Up Well - Ideal for Short Put Traders

Alphabet stock has held up well during the latest stock market selloff. This bodes well for out-of-the-money short sellers of its put options, who make income selling near-term puts for income.

The Independent UK

Musk's X is the biggest purveyor of disinformation, EU official says

A top European Union official says the social network X, formerly known as Twitter, is the biggest source of fake news and urged owner Elon Musk to comply with the bloc’s laws aimed at combating disinformation

Reason

Competition, Not Antitrust, Is Humbling the Tech Giants

The worst of the antitrust alarmism keeps proving untrue, as tech companies believed by some to be monopolies instead lose market share.

Zenger

Biden Administration Forgives $37M In Student Debt For University Of Phoenix Victims

FTC investigation leads to relief for borrowers as Biden's broader debt forgiveness plan faces hurdles.

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news in one place.

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The Guardian - UK

TechScape: AI-made images mean seeing is no longer believing

In this week’s newsletter: Why an AI-generated image of Tiananmen Square jumping up Google search rankings is an omen for future disinformation

The Guardian - UK

EU warns Elon Musk after Twitter found to have highest rate of disinformation

Musk is told his platform, now known as X, must comply with new laws designed to combat fake news and Russian propaganda

Roll Call

Data privacy law seen as needed precursor to AI regulation - Roll Call

Lawmakers in both parties acknowledge that they must first resolve data privacy and protection issues before moving on to AI.

Fortune

What is Anthropic? The buzzy AI startup just got up to $4 billion in funding from Amazon as part of a colossal tech alliance

Anthropic will get $1.25 billion upfront as well as access to tools Amazon is creating for AI developers.

The Conversation

The 'yes' Voice campaign is far outspending 'no' in online advertising, but is the message getting through?

With early voting set to open next week for the Indigenous Voice to Parliament referendum, this is a critical time for campaigners to win over voters.

Evening Standard

iOS 17 has a ‘secret’ Safari mode that lets you browse using an alternative search engine

Google accused of holding monopoly on search engines

The Guardian - UK

Amazon to invest up to $4bn in OpenAI rival Anthropic

Tech company plays catchup after Microsoft’s deal with ChatGPT developer in January

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