GOOGL – Page 3 – The News Desk

Tech’s New Normal: Microcuts Over Growth at All Costs

5Dec

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Technology

Tech’s New Normal: Microcuts Over Growth at All Costs

The tech industry has largely recovered from the downturn, but Silicon Valley learned a long-lasting lesson: how to do more with less. Amazon, Google, Microsoft and Meta Platforms have been cutting dozens or a few hundred employees at a time as executives keep tight controls on costs, even as their businesses and stock prices have rebounded sharply. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

One Supreme Court Case Could Mess Up Chunks of the Tax Code

3Dec

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World

One Supreme Court Case Could Mess Up Chunks of the Tax Code

WASHINGTON—A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its implications could reach much further, providing the justices an opportunity to define what Congress can tax under the Constitution—and what it can’t. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Medical AI Tools Can Make Dangerous Mistakes. Can the Government Help Prevent Them?

2Dec

By adminNo Comments

World

Medical AI Tools Can Make Dangerous Mistakes. Can the Government Help Prevent Them?

Doctors have started using artificial intelligence in novel ways to communicate with patients and help make diagnoses. Now the government is wrestling with how to ensure the tools do no harm.Federal regulators are proposing a new labeling system for AI healthcare apps designed to make it easier for clinicians to spot the pitfalls and shortcomings of these tools. The Biden administration has proposed that these apps come with a “nutrition label” that discloses how the app was trained, how it performs, how it should be used and how it shouldn’t. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Google, Canada Reach Settlement Over News Payments

30Nov

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World

Google, Canada Reach Settlement Over News Payments

TORONTO—Alphabet Inc.’s Google unit reached a settlement with Canada’s government over a contentious law that would have forced the tech company to pay Canadian news organizations for links to the content.Google has agreed to pay 100 million Canadian dollars, equivalent to $73.6 million, indexed to inflation, into a fund, said Canada’s Heritage Minister Pascale St-Onge. Money from the fund will go toward supporting the news sector.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

China’s Latest EV Stocks Face Uncertain Reception in New York

29Nov

By adminNo Comments

Money

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

29Nov

By adminNo Comments

World

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Nvidia’s AI Boom Almost Blows Past Politics

23Nov

By adminNo Comments

Money

Nvidia’s AI Boom Almost Blows Past Politics

Nvidia rules the artificial intelligence world, but that world is getting a little smaller—and more crowded. The chip maker now synonymous with AI reported another quarter of blowout sales and earnings growth late Tuesday. Revenue more than tripled to $18.1 billion thanks mostly to soaring sales at the company’s data center segment, which is now four times as large as its other businesses combined. Nvidia’s strong lead in the chips necessary to power generative AI technologies such as ChatGPT is also evident in its surging bottom line. Adjusted operating margins hit a record high of 64% in the fiscal third quarter ended October, far above the company’s average of 38% for the same quarter over the past five years. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe8...

Amazon Launches Free AI Classes in Bid to Win Talent Arms Race

21Nov

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World

Amazon Launches Free AI Classes in Bid to Win Talent Arms Race

Amazon.com is launching a program to train millions of workers in artificial-intelligence skills as the tech giant seeks to gain an edge in a pitched battle for talent with Microsoft, Google and other companies.Named “AI Ready,” Amazon’s new program plans to train at least two million people by 2025 on basic to advanced AI skills, including how to make use of the generative AI technology that has powered language-based models such as ChatGPT. Amazon aims to fill a gap in AI talent as it has sought to generate interest in its generative AI efforts after falling behind rivals. In launching its program, Amazon is adding to a broader effort by the corporate world to get workers in various fields trained in AI.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5e...

Nvidia Earnings Preview: What Investors Should Expect From the AI Stock Star

20Nov

By adminNo Comments

Technology

Nvidia Earnings Preview: What Investors Should Expect From the AI Stock Star

Updated Nov. 20, 2023 4:47 pm ETThere is a lot riding on the earnings report this week from Nvidia, both for the company’s ebullient investors and the entire stock market.Nvidia has been the big winner of the bet that artificial intelligence is the next big thing in tech, the so-called AI trade that surged in popularity after OpenAI’s release of its ChatGPT app. The chip maker’s shares have more than tripled this year, contributing to a sizable portion of the S&P 500’s 18% rise.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

20Nov

By adminNo Comments

Technology

Amazon Launches Free AI Classes in Bid to Win Talent Arms Race

Amazon.com is launching a program to train millions of workers in artificial-intelligence skills as the tech giant seeks to gain an edge in a pitched battle for talent with Microsoft, Google and other companies.Named “AI Ready,” Amazon’s new program plans to train at least two million people by 2025 on basic to advanced AI skills, including how to make use of the generative AI technology that has powered language-based models such as ChatGPT. Amazon aims to fill a gap in AI talent as it has sought to generate interest in its generative AI efforts after falling behind rivals. In launching its program, Amazon is adding to a broader effort by the corporate world to get workers in various fields trained in AI.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5e...