Arm shares climb in Wall Street debut
Arm Holdings, owned by SoftBank, made its debut on Wall Street on Thursday, after pricing its initial public offering at $51 per share at a valuation of $54 billion in high demand.
‘Monumental’ antitrust case between Google, Justice Department begins in Washington, DC
A Justice Department’s litigator said Tuesday that the case is about “whether Google’s search engine will ever face meaningful competition."
Instacart's slimmed-down IPO valuation
New details on Instacart's forthcoming IPO show the company's valuation isn't what is once was, giving investors a fresh look at the online grocer as a public company.
Amazon, Apple, Microsoft, other big tech firms designated ‘gatekeepers’ by EU
Gatekeepers will be required to make their messaging apps interoperate with competitors, allowing users to decide which apps to pre-install on their devices.
Google reaches tentative settlement in lawsuit alleging customers were overcharged in US Play Store
Google tentatively settled a class action lawsuit on Tuesday brought by 21 million consumers claiming the company violated U.S. federal antitrust rules.
GM, Google collaborating on generative AI uses for automaker
General Motors has partnered with Google Cloud to develop more ways to use generative artificial intelligence technologies after adding the tech company's conversational AI to OnStar.
ChatGPT offers 'business' version of artificial intelligence amid declining popularity
Artificial intelligence firm OpenAI has announced a business version of its ChatGPT program, aimed at catering to logistic processes and data management.
Global investment in AI could near $200 billion by 2025: Goldman Sachs
A report by Goldman Sachs economists projects that global private investment in artificial intelligence (AI) may rise from $91.9 billion in 2022 to $158.4 billion in 2025.
Google negotiating with Universal Music Group on AI 'deepfake' tool: report
Google is reportedly in the early stages of negotiations with Universal Music Group and Warner Music on a licensable tool that would allow artists' voices to be cloned, according to the Financial Times.
Google-parent Alphabet ditches nearly 90% of its Robinhood stake
Alphabet significantly trimmed the number of Robinhood Markets shares it owns, bringing the total down to around 612,000. It represented a roughly 87.6% reduction.
Google's CFO Ruth Porat has new job
Google parent company Alphabet's Ruth Porat will soon have a new C-suite position as the longtime CFO is slated to take on the chief investment officer role in September.
ChatGPT AI chatbot available on Android in US, other countries
Artificial intelligence industry leader OpenAI announced Tuesday that its chatbot ChatGPT is available for Android users in the U.S., India and other countries.
Microsoft and Google AI race in spotlight amid dueling earnings calls
The generative AI arms race between Google and Microsoft was in focus Tuesday as the two tech giants held dueling earnings calls that featured their AI initiatives prominently.
Tech, oil and Fed decision slated for week ahead
Big tech like Meta will begin reporting next week alongside a string of oil producers like Chevron and economic data including the U.S. Federal Reserve’s interest rate decision.
Mom-and-pop restaurant revolt forces Big Tech vendor Toast to rescind its surprise fees on American diners
Big Tech restaurant point-of-sale vendor Toast Inc. was forced to rescind its sudden new fees on consumers following a nationwide revolt by mom-and-pop restaurateurs.
Which generative AI companies could be on the fast-track to IPO?
Generative AI solutions are flooding the market because of Microsoft, Google and OpenAI building up an emerging supply line of artificial intelligence companies on the way to IPO.
Google CEO sounds alarm on AI deepfake videos: 'It can cause a lot of harm'
Google CEO Sundar Pichai says AI will soon be able to make videos that are nearly indistinguishable from reality, which he says will threaten society.
Yahoo CEO says company is going public again: report
Yahoo is planning a second initial public offering on Wall Street after delisting from public markets and Nasdaq more than five years ago, according to CEO Jim Lanzone.
Ex-Google CEO says 2024 elections 'will be a mess' because of AI and misinformation
Former Google chairman and CEO Eric Schmidt predicted Monday the 2024 elections "will be a mess" because social media companies are not ready to crack down on fakes generated by AI.
Former Google CEO Schmidt pays $67 million for Russian's superyacht
Former Google CEO Eric Schmidt has taken Russian oligarch Andrey Guryev's superyacht off of Antiguan authorities' hands after placing a winning $67.6 million bid at auction.



















