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Court backs Google’s challenge to the EU’s .7 billion antitrust fine over ad product

Court backs Google’s challenge to the EU’s $1.7 billion antitrust fine over ad product

A Google logo displays on a smartphone screen and the European flag on a computer screen. Nikolas Kokovlis | Nurphoto | Getty Images The European Union’s second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) fine imposed on Google by regulators should be annulled, siding with the U.S. tech giant after it challenged […]

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Tech M&A has been thwarted by regulators, but dealmakers skeptical that election will change much

Finance News

Lina Khan, chair of the U.S. Federal Trade Commission, and Jonathan Kanter, assistant attorney general for the Justice Department’s antitrust division, participate in a discussion on antitrust reforms at the Brookings Institution in Washington on Oct. 4, 2023. Khan assumed the role of FTC chair in June 2021 after being appointed by U.S. President Joe

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Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding

Finance News

Intel CEO Pat Gelsinger, holding the “Gaudi 3” AI chip, speaks during the 54th Annual Meeting of the Semafor 2024 World Economy Summit in Washington, D.C., on April 17, 2024. Mandel Ngan | AFP | Getty Images Intel shares jumped almost 10% in extended trading on Monday after the company said it plans to turn

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Oracle’s Larry Ellison briefly tops Jeff Bezos to become world’s second-richest person

Technology News

Larry Ellison, Chief technology officer of Oracle (L), and Jeff Bezos, founder, executive chairman of Amazon. Reuters Oracle‘s best week on the stock market since 2021 has bolstered Chairman Larry Ellison’s net worth, briefly edging him past Amazon founder Jeff Bezos on Friday to become the world’s second-richest person. Ellison’s net worth reached $208.4 billion

Oracle’s Larry Ellison briefly tops Jeff Bezos to become world’s second-richest person Read More »

Uber and Waymo to offer driverless ride-sharing trips in Austin and Atlanta

Finance News

A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Uber announced Friday it is expanding its partnership with Alphabet’s Waymo to offer robotaxi rides in Austin, Texas, and Atlanta beginning in early 2025. Shares

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OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers

Finance News

OpenAI CEO Sam Altman during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images Leaders at OpenAI, Anthropic, Microsoft, Google and several American power and utility companies met Thursday at the White House to discuss the future of artificial intelligence

OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers Read More »

JD Vance says he thinks Apple benefits from Chinese slave labor: ‘That’s pretty sick’

Technology News

Republican vice presidential nominee Ohio Sen. JD Vance on Thursday took a shot at Apple on CNBC’s “Squawk Box,” stating he thinks the company benefits from “slave labor” in China. His comment was part of a broader conversation about taxing companies that rely on manufacturing in China. “Do I think Apple is an evil company? No. Do

JD Vance says he thinks Apple benefits from Chinese slave labor: ‘That’s pretty sick’ Read More »

China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech

Technology News

China is looking to challenge the U.S. in artificial intelligence. China’s tech giants have launched their own AI models. Niphon | Istock | Getty Images Global attention around generative artificial intelligence has been focused on big U.S. companies like OpenAI, Alphabet‘s Google and Meta. But some of China’s giants, from Alibaba to Tencent, have launched

China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech Read More »

California attorney general warns tech platforms to look out for voter deception ahead of election

Finance News

California Attorney General Rob Bonta discusses Michelle Mack’s case in an interview on Feb. 16, 2024. CNBC California Attorney General Rob Bonta cautioned executives at social media and other tech companies to work harder to protect voters from “deception, intimidation, and dissuasion,” ahead of the November election. “Millions of Californians rely on social media and

California attorney general warns tech platforms to look out for voter deception ahead of election Read More »

Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos

Technology News

Larry Ellison, co-founder, chairman and chief technology officer of Oracle, speaks during the Oracle OpenWorld conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Larry Ellison turned 80 last month. It’s been a celebratory year. While fellow legacy tech players Intel and Cisco struggle to find their footing

Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos Read More »

Court backs Google’s challenge to the EU’s $1.7 billion antitrust fine over ad product

Tech M&A has been thwarted by regulators, but dealmakers skeptical that election will change much

Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding

Oracle’s Larry Ellison briefly tops Jeff Bezos to become world’s second-richest person

Uber and Waymo to offer driverless ride-sharing trips in Austin and Atlanta

OpenAI, Anthropic and Google execs meet with White House to talk AI energy and data centers

JD Vance says he thinks Apple benefits from Chinese slave labor: ‘That’s pretty sick’

China wants to challenge the U.S. in AI — here’s what Chinese giants are doing with the tech

California attorney general warns tech platforms to look out for voter deception ahead of election

Oracle trails only Nvidia among large-cap tech this year, as Ellison closes in on Bezos

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