For tech’s biggest players, this earnings season is starting to feel like a scene from the movie Jerry Maguire — and the “show me the money” demands aren’t working out any better than they did for Tom Cruise. Some analysts are even dubbing this the “show me the money” quarter, as Wall Street’s patience with…
TikTok fined $2.4 million SUGGESTED: TikTok was fined for not providing accurate and specific safety data. A Russian Court fined Menlo Park, California-based Google $2 decillion, which continues to grow each day over penalties for non-payment, for blocking content on YouTube, according to reports. Russian state news agency Tass reported that Google owes the Russian…
Data from market research firm Sensor Tower showed that Talkie – part of the fast-growing “companion AI” market segment – was the fourth most-downloaded AI app in the United States in the first half of 2024, ahead of Google-backed rival Character.ai which ranked 10th. Globally, Talkie recorded 17 million downloads in the first eight months…
Topline Reddit reported an increase in third-quarter revenue that exceeded analyst expectations, sending the social media company’s stock soaring Wednesday toward its best day since going public in March, as analysts say the firm is benefitting from new search algorithms and other licensing deals. Analysts say the social media company benefitted from new search algorithms…
Google reported strong earnings after the close Tuesday. (Photo by Alexander Koerner/Getty Images) Getty Images Key Takeaways Tech Earnings And Economic Data Bring Mixed Signals For Market Direction Alphabet’s Strong Cloud Growth Boosts Sector; AMD Dips On Guidance Optimism Grows Despite Mixed Earnings And Slight Economic Slowdown Signs It’s been a quiet start to the…
Good morning. If you thought Larry Ellison was going to run Paramount, think again. A month ago, Skydance Media told the FCC that the Oracle founder would have voting control of the media company formerly known as ViacomCBS when Skydance closes its $8 billion deal. It has now filed a revision saying no, it’s actually…
LONDON (Reuters) – Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were “paying off” as its earnings and revenue came in ahead of analyst’s expectations. Its U.S. shares rose nearly 6% in after-market trading from Tuesday’s official close of $169.68. (Reporting by Alun…
Search engine giant Google has been fined approximately two undecillion rubles or $2.5 decillion by a court for refusing to restore the accounts of pro-Kremlin and state-run media outlets, according to a report in The Moscow Times, citing RBC news website. The bizarre amount, which exceeds the World Bank’s estimate of global GDP ($100 trillion)…
Google parent Alphabet’s (GOOG, GOOGL) stock surged 6% in after-hours trading Tuesday as the company reported fiscal third quarter earnings that beat analysts’ estimates on the top and bottom lines, helped by strong growth in its cloud business. The search giant reported earnings per share of $2.12 on revenue of $88.27 billion for the quarter…
The App Store could soon feature Ai-generated summaries of application reviews. The App Store could soon introduce AI-generated summaries of users’ application reviews. Here’s what we know about the feature so far. On Monday, Apple released iOS 18.1, which made Apple Intelligence available to the general public. With Apple Intelligence, it’s now possible to receive…