Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023. David Paul Morris | Bloomberg | Getty Images Alphabet executives, donning Halloween costumes, faced questions from concerned employees at an all-hands meeting on Wednesday, following comments on the company’s earnings call suggesting that more cost cuts are … Read more
UK Finance Minister Rachel Reeves makes a speech during the Labour Party Conference that is held at the ACC Liverpool Convention Center in Liverpool, UK on September 23, 2024. Anadolu | Getty Images LONDON — British tech bosses and venture capitalists are questioning whether the country can deliver on its bid to become a global artificial … Read more
Getty Images The messaging app Snapchat is the most widely-used platform for online grooming, according to police figures supplied to the children’s charity the NSPCC. More than 7,000 Sexual Communication with a Child offences were recorded across the UK in the year to March 2024 – the highest number since the offence was created. Snapchat … Read more
Apple CEO Tim Cook (C) joins customers during Apple’s iPhone 16 launch in New York on September 20, 2024. Timothy A. Clary | Afp | Getty Images Apple’s second-largest division after the iPhone has turned into a $100 billion a year business that Wall Street loves. In Apple’s earnings report on Thursday, the company said … Read more
Amazon CEO, Andy Jassy speaking with CNBC’s Jim Cramer on Mad Money in Seattle, WA. on Dec. 6th, 2023. CNBC Amazon CEO Andy Jassy is trying to reassure investors who may be worried about the future payoff of the company’s massive investments in generative artificial intelligence. On a conference call with analysts following the company’s … Read more
SAN FRANCISCO — Apple snapped out of a recent iPhone sales slump during its summer quarter, an early sign that its recent efforts to revive demand for its marquee product with an infusion of artificial intelligence are paying off. Sales of the iPhone totaled $46.22 billion for the July-September period, a 6% increase from the … Read more
Matt Garman, CEO of Amazon Web Services, speaks during The Wall Street Journal’s Tech Live conference in Laguna Beach, California, on Oct. 21, 2024. Frederic J. Brown | AFP | Getty Images Amazon said revenue in its cloud unit increased 19% in third quarter, just missing analyst estimates. Revenue at Amazon Web Services totaled $27.45 … Read more
SAN FRANCISCO — OpenAI is launching a ChatGPT-powered search engine that could put the artificial intelligence company in direct competition with Google and affect the flow of internet traffic seeking news, sports scores and other timely information. San Francisco-based OpenAI said Thursday it is releasing a search feature to paid users of ChatGPT but will … Read more
Dominika Zarzycka | Nurphoto | Getty Images Amazon’s online advertising business brought in $14.3 billion in the third quarter, up 19% year over year, in line with analysts’ estimates of $14.3 billion. The Seattle tech giant revealed the financial results of its growing advertising unit as part of its latest earnings report on Thursday. Amazon’s … Read more
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft‘s better-than-expected earnings report wasn’t enough to prevent the stock’s steepest selloff in two years, as investors instead focused on the company’s forecast for the current period. Microsoft … Read more