In a recently released quarterly report, tech behemoths Alphabet and Microsoft showed considerable profit upticks propelled by AI-powered cloud computing. Microsoft’s shares experienced a noticeable bump, rising by 3%, underscoring its dominating prowess in the cloud domain. Conversely, Alphabet, Google’s
With the European Union’s comprehensive Digital Services Act (DSA) coming into effect on Friday, August 25, more than a dozen tech titans, including Meta, Apple, and Google, are facing intense legal scrutiny in Europe. The EU’s new DSA carries new
Tech giant Google is allegedly manipulating search to favor liberals and tip elections, reports the New York Post. The company is using its virtual monopoly as a search engine to “elevate liberal views, stifle conservatives, and manipulate children,” according to
A metaverse ETF that bet big against Meta is closing down after recording a 30% loss in just 15 months. Meanwhile, Meta stock is up 96.7% on the year. No wonder Mark Zuckerberg’s personal wealth is rocketing. Punk is dead
Shares of Microsoft rose 8.5% in after hours trading after the tech giant reported better-than-expected financial results for the March quarter on Tuesday. Revenue rose 7% to $52.9 billion across the board, but the company’s AI-powered online search business grew
Alphabet CEO Sundar Pichai earned $226 million last year, but in January he e-mailed staff to announce a savage round of 12,000 job cuts. In the message, the recently enriched Pichai said his decimation of the workforce “weighs heavily on
In a move aimed at outdoing its competition in the AI research field, Google’s parent company Alphabet announced on Thursday that it will combine its two AI research divisions, Google Brain and DeepMind, into a new super-unit called Google DeepMind.
Tech firms in China are climbing up the list for the world’s biggest spenders in research and development (R&D), a sign they may soon get rid of any reliance on Western technology. This comes as China aims to dominate the
Multi-platform web browser Opera is planning to incorporate AI chatbot ChatGPT into its products, according to a report by CNBC. Arguably the most advanced AI chatbot currently available, ChatGPT has already set a new trend in search having reached 100
The European Commission’s move to make traffic intensive online platforms to contribute to the cost of digital infrastructure will include the rise in data volumes used by the metaverse and virtual platforms. This initiative seeks to address a long-standing grievance
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