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Today β€” 17 May 2024Yahoo! Finance: Google News

Google seeks non-jury trial in US ad tech lawsuit, filing says

17 May 2024 at 01:02
Alphabet's Google in a court filing on Thursday is seeking a non-jury trial in the U.S. Justice Department's lawsuit accusing the advertising and search giant of anticompetitive practices in the online advertising marketplace. The Justice Department, which filed the advertising lawsuit in January 2023, alleged the company has abused its dominance of the digital advertising business and argued that it should be forced to sell its ad manager suite. Google said the Justice Department's request for a jury trial breaks "with all historical precedent" and noted the department itself has said the technical nature might be difficult for a prospective juror to understand.

AI Search Startup Adds Veterans of Google, Bing as Advisers

16 May 2024 at 15:58
(Bloomberg) -- Perplexity AI, a startup using artificial intelligence to build a search engine to rival Alphabet Inc.’s Google, is creating an advisory board with several high-profile tech veterans to help the company grow in an increasingly competitive space.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US β€˜Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees β€˜Lot of Inflat
Yesterday β€” 16 May 2024Yahoo! Finance: Google News

Google wants judge, not jury, decide upcoming antitrust case in Virginia

16 May 2024 at 22:37
Google on Thursday asked that a judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising. To bolster its case, the tech giant wrote a multimillion-dollar check to the U.S. government that it says renders moot the government's best argument for demanding a jury trial. The antitrust case set to go before a jury in Alexandria, Virginia, in September is one of two major lawsuits the Justice Department has brought against Google.

Snowflake Is in Talks to Buy Reka AI for $1 Billion

16 May 2024 at 22:02
(Bloomberg) -- Snowflake Inc. is in talks to acquire startup Reka AI for more than $1 billion, expanding the software maker’s effort to offer generative AI capabilities, according to people familiar with the matter.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US β€˜Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees β€˜Lot of Inflationary Forces in Front of Us’Dow Average Touc

Reddit Forges Pact With OpenAI to Bring Content to ChatGPT

16 May 2024 at 22:53
(Bloomberg) -- Reddit Inc. forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US β€˜Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees β€˜Lot of Inflationary Forces in Front of Us’

'Big Short' Investor Michael Burry Bets Heavy On Gold, Renewable Energy Stocks, Exits Amazon, Alphabet

16 May 2024 at 18:14
Michael Burry, the legendary investor who famously predicted the 2008 financial crisis, has once again made headlines with his latest 13F filing for his hedge fund Scion Asset Management LLC. The first quarter of 2024 reveals a strategic recalibration towards physical commodities and renewable energy, while Burry shifted away from some tech giants. The total market value of Scion's 13F securities increased from $94.6 million to $103.49 million. The fund’s activity included five new purchases, ad

Here's what 10 analysts have to say about Netflix ad tier

16 May 2024 at 13:55
Netflix (NASDAQ:NFLX) announced Wednesday that it will team up with The Trade Desk (NASDAQ:TTD), Google (NASDAQ:GOOGL) Display&Video 360, and ad-tech firm Magnite to accelerate automated ad buying. The company also made several other announcements as part of its Upfront 2024 press release.

Microsoft's AI Ambition And Data Center Growth Side Effects: Emissions

16 May 2024 at 16:57
Microsoft Corp (NASDAQ:MSFT) has seen its emissions increase by nearly a third since 2020, primarily driven by the expansion of data centers required for AI and cloud computing, as reported in its annual sustainability report on Wednesday, Financial Times notes. The company attributes these challenges to its unique position as a leading cloud supplier aggressively expanding its data centers to keep pace with competitors like Amazon.Com Inc (NASDAQ:AMZN) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOO

Google I/O was an AI evolution, not a revolution

16 May 2024 at 19:26
At Google’s I/O developer conference, the company made its case to developers -- and to some extent, consumers -- why its bets on AI are ahead of rivals. At the event, the company unveiled a revamped AI-powered search engine, an AI model with an expanded context window of 2 million tokens, AI helpers across its suite of Workspace apps, like Gmail, Drive and Docs, tools to integrate its AI into developers’ apps and even a future vision for AI, codenamed Project Astra, which can respond to sight,

Google expands hands-free and eyes-free interfaces on Android

16 May 2024 at 21:16
As part of 2024's Accessibility Awareness Day, Google is showing off some updates to Android that should be useful to folks with mobility or vision impairments. Project Gameface allows gamers to use their faces to move the cursor and perform common click-like actions on desktop, and now it's coming to Android. The project lets people with limited mobility use facial movements, like raising an eyebrow, moving their mouth or turning their head, to activate a variety of functions. There's basic stu

Wall Street Bulls Look Optimistic About Alphabet (GOOGL): Should You Buy?

16 May 2024 at 13:30
According to the average brokerage recommendation (ABR), one should invest in Alphabet (GOOGL). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
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