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Why Big Tech Is Still Minding Its Bills

Even the deepest pockets have their limits. Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market Intelligence. Amazon and Alphabet are also currently generating just under $95 billion combined in annual free cash flow. Copyright ©2024Dow Jones & Company, Inc.

Google Trims Hundreds of Jobs as It Marshalls Resources for AI 

Jan. 10, 2024 11:40 pm ETGoogle laid off hundreds of employees in several areas of the business on Wednesday, a sign of further cost reductions at the search giant as it continues to reverse a pandemic hiring spree.The cuts affected employees in divisions including those working on Google’s Assistant program, hardware and internal software tools, the company said. The exact size and scope of the layoffs couldn’t immediately be determined.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

Out of Cloud Storage? These Are Your Options So You Don't Overpay

Even if you’ve run out of space on Apple iCloud or Google One, you don’t always have to buy more. Even if you’ve run out of space on Apple iCloud or Google One, you don’t always have to buy more. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of…

Google Is Finally Killing Cookies. Advertisers Still Aren’t Ready.

Listen to article(1 minute)Google is going forward with sweeping changes to how companies track users online—moves that have been years in the making. Advertisers still aren’t ready.The changes, among the biggest in the history of the $600 billion-a-year online ad industry, center on the use of cookies, technology that logs the activity of internet users across websites so that advertisers can target them with relevant ads. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Jeff Bezos Bets on a Google Challenger Using AI to Try to Upend Internet Search

By Miles Kruppa | Photographs by Carolyn Fong for The Wall Street Journal Perplexity, a startup going after Google’s dominant position in web search, has won backing from Jeff Bezos and venture capitalists betting that artificial intelligence will upend the way people find information online.Started less than two years ago, Perplexity has fewer than 40 employees and is based out of a San Francisco co-working space. The company’s product, which it calls an answer engine, is used by about 10 million people

Baidu Terminates $3.6B Deal to Buy JOYY’s China Live-Streaming Business

Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China.As of the end of December, the closing conditions for the share purchase agreement had yet to be fully satisfied, Baidu said in a filing late Monday.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Baidu has called off a $3.6 billion deal to buy JOYY’s video-based entertainment live-streaming business in China.As of the end of December, the closing

Big Tech Braces for Wave of Antitrust Rulings in 2024 

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.Silicon Valley and its critics have seen their patience tested on some of these cases. A U.S. antitrust case brought against Alphabet’s Google unit in 2020 went to trial in 2023 and now heads to closing arguments in May.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

The Fight Over Apple’s iMessage and Those Green Bubbles

Listen to article(2 minutes)After nearly 10 years, my husband, Will, finally joined the Nguyen family iMessage chat.Will, a staunch Android user, infiltrated the group earlier this month using Beeper Mini. This fresh app promises the previously impossible: turning green-bubble Android texts into blue-bubble iMessages. Unlike other workarounds, Beeper Mini initially didn’t rely on a server, a Mac or an iPhone.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to

How the Maker of ‘Fortnite’ Beat Google and Got Its Mojo Back 

Videogame boss Tim Sweeney is on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old megahit “Fortnite”—which served as the catalyst for the legal battle—is undergoing a resurgence in popularity. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Videogame boss Tim Sweeneyis on a winning streak.His company, closely held Epic Games, defeated tech behemoth Google in court on Monday, and its years-old

News Publishers See Google’s AI Search Tool as a Traffic-Destroying Nightmare

Shortly after the launch of ChatGPT, the Atlantic drew up a list of the greatest threats to the 166-year-old publication from generative artificial intelligence. At the top: Google’s embrace of the technology.About 40% of the magazine’s web traffic comes from Google searches, which turn up links that users click on. A task force at the Atlantic modeled what could happen if Google integrated AI into search. It found that 75% of the time, the AI-powered search would likely provide a full answer to a user’s query and the…