Google will rework from scratch its plans to build a $200 million data center in Santiago after concerns were raised about its environmental impact on the Chilean capital, the U.S. tech giant said in a statement on Tuesday.
Google bought advertising technology provider AdMeld in 2011 because the search giant saw the startup as a "threat" to its online display ad strategy, antitrust enforcers sought to show at trial Monday.
In addition to being the parent of leading search engine Google and top-tier streaming platform YouTube, Alphabet oversees a roughly $2 billion investment portfolio. Alphabet's brightest investment minds have slashed their company's stake by two-thirds in an artificial intelligence (AI)-driven cybersecurity company that's regularly trounced growth forecasts.
Uber's profitability turnaround in 2023 and strategic partnerships with Waymo and GM position it for significant gains from autonomous driving technology. The partnership with Waymo allows Uber to leverage advanced AV tech without high training costs, enhancing its ride-hailing network. Despite regulatory challenges in human-driven ride-hailing, autonomous vehicles promise to improve margins an...
Alphabet Inc. (GOOGLE) is expected to see strong topline growth driven by robust performance in Google Services and Cloud, particularly due to AI integration. Despite near-term margin pressures from increased headcount and higher depreciation, efficiency improvements and cost reengineering should benefit long-term profitability. The stock is currently trading at a significant discount to its hi...
Wall Street analysts are issuing warnings about a potential Google breakup as the Big Tech giant tries to wriggle out of a pair of major federal antitrust lawsuits that could devastate its business model.
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